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SC rap for orphan rules -Samanwaya Rautray

-The Telegraph The Supreme Court has asked the Centre to explain why state-run orphanages throw out inmates the day they turn 18 though they may be unemployed and unable to fend for themselves. Acting on a public interest litigation filed by lawyer Sudhanshu S. Choudhari, the court issued the notices on Tuesday to the Union women and child development ministry and its counterparts in all the states and Union territories. It asked the...

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Gujarat Congress promises 100 yard plots, soft loans for rural poor

-The Business Standard The Gujarat Pradesh Congress Committee (GPCC) on Wednesday announced that it would provide 100 yard plots to landless and homeless families in rural areas of the state, if the party was voted to power during the assembly elections to be held in December this year. This announcement is part of the Congress's poll campaign 'Gujarat Praja Vikas Darshan 2012'. GPCC president Arjun Modhvadia said claimed that the Narendra Modi...

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PSU Bank Employees Go On 2-Day Strike

-PTI Employees of public sector banks have gone on two-day nationwide strike today opposing banking sector reforms and outsourcing of non-core activities, affecting operations. Several private sector banks, foreign banks and ATMs, however, continued to operate normally. The strike call was given by the United Forum of Bank Unions (UFBU), an umbrella organisation of nine unions of employees and officers of PSU banks. They are protesting against banking sector reforms and unilateral implementation of...

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Montek lectures Congress on subsidy slash-Sanjay K Jha

-The Telegraph One Singh has told the Congress what another Singh probably wants to: create a political environment conducive for reducing subsidies. Planning Commission deputy chairman Montek Singh Ahluwalia has told Congress MPs that subsidy cuts are essential if India has to preserve its growth momentum — a statement more in line with the known views of Prime Minister Manmohan Singh than the populist line preferred by many Congress leaders. Many Congress MPs,...

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Cutting fuel subsidy can cause 2.6% spike in inflation: RBI chief D Subbarao

-The Economic Times Reserve Bank of India Governor D Subbarao has said the proposed elimination of fuel subsidy can lead to a massive 2.6% spike in inflation, an assessment that makes it even more difficult for the government to bite the bullet. While a hike in diesel and cooking gas prices may be long overdue, the government is hard-pressed to contain inflation ahead of crucial assembly polls in Gujarat and Himachal Pradesh...

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