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Congress readies Rs 500 crore campaign to play down corruption & hard sell achievements -Nidhi Sharma

-The Economic Times NEW DELHI: Its image pockmarked by a succession of corruption scandals involving the government, Congress has quietly launched a beauty parade of advertising agencies to pick the ones that will buff it up for the upcoming election season. Its single-point brief to the agencies: to play down corruption and hard sell its welfare credentials. Leaders in the Grand Old Party, which, according to insiders, has readied a war chest...

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Gujarat seeks cut in tariffs for solar power plants -Mitul Thakkar

-The Economic Times NEW DELHI: Narendra Modi's Gujarat government, lauded by India Inc for being business friendly, has stumped industry as it seeks to back out of the high tariffs contracted for nearly 1,000 MW of solar plants of the Tatas, GMR, Adani, Bollywood star Ajay Devgn, Lanco and others. Industry leaders said the move was shocking as it raised issues about the consistency of the state's policy, but the business-savvy Gujarat...

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After foodgrain, UPA plans to subsidise edible oil and pulses -Madhvi Sally

-The Economic Times NEW DELHI: After the ambitious food security law, the UPA government is preparing another populist scheme to expand the supply of subsidised edible oil and pulses through the countrywide network of ration shops in the next two to three months. "It will be the next major thing. We are working at the earliest. We propose that state governments purchase pulses and edible oil either through imports or locally. We...

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Cong may launch food security scheme on Aug 20

-The Times of India NEW DELHI: Congress is planning a grand rollout of the food security scheme, likely on Rajiv Gandhi's birth anniversary on August 20, in what appears a strong bid to woo the vast beneficiary group ahead of the 2014 elections. Congress chief Sonia Gandhi will meet party chief ministers and key leaders on Saturday to hammer out the strategy for a big bang launch of the food law that...

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Monsanto’s climate-resilient crop patent claims rejected -Sanjay Vijayakumar

-The Economic Times CHENNAI: India's patent appeals board has denied Monsanto a patent for a genetically-engineered method of increasing climate resilience in plants. The decision is significant not only for Monsanto's loss of possible exclusivity in an increasingly important segment but also for the interpretation of India's home-grown clauses in patent law - these are unpopular with global companies - for the first time in the case of plants. The Intellectual Property...

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