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Part rollback of petrol hike likely by end-May

-The Times of India   Minutes after the Congress demanded relief from the steep hike in petrol price, state-run oil marketers on Thursday indicated they could reduce the price by the month-end if the rupee and international oil prices held steady.  "Current trend indicates that prices can come down," IndianOil chairman R S Butola said. He was speaking just after Congress publicly asked for a reduction in the hike.  "We are genuinely sensitive to...

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Govt forms new panel on poverty

-The Hindustan Times The government on Thursday put the controversial poverty estimation in a deep freeze by appointing a new expert group to recommend a new estimation methodology aimed at linking government subsidies to poor. The group to be led by C Rangarajan, head of Prime Minister's Economic Advisory Council and having three others members is expected to submit its report in nine months, minister of planning Ashwini Kumar told reporters. However, not...

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Sonia against red beacons for MPs

-The Hindustan Times Congress president Sonia Gandhi on Tuesday vetoed the party MPs demand for being given the right to sport red beacons atop their vehicle. Coinciding with the third anniversary of UPA II, Gandhi voiced her opposition to the move at a meeting of the executive body of the Congress Parliamentary Party (CPP). Senior leader PC Chacko had raised the issue, saying even Members of the Legislative Assembly (MLAs) used these...

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UPA pushes lokpal bill into deep freezer

-The Hindustan Times Following a day-long drama, the government and the opposition parties finally decided on Monday to refer the lokpal and lokayuktas bill to a fresh House panel for further scrutiny, virtually bringing Anna Hazare and his team back to life. Within moments of the Rajya Sabha passing a government resolution to set up a 15-member select committee to examine the bill, Team Anna announced that Arvind Kejriwal would lead...

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Property deals, dubious donations under scanner

-The Hindustan Times From a crackdown on dubious charity contributions to encouraging the use of credit and debit cards, from tracking realty deals to monitoring jewellery purchases, the government has proposed a wide range of measures to combat black money. The proposals are part of the white paper on black money tabled in the Lok Sabha on Monday by finance minister Pranab Mukherjee. The white paper does not, however, disclose names...

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