Plan to levy market rate on owners of luxury cars Faced with growing diesel consumption and rising under recoveries, the Union government on Thursday said it was working on “dual pricing of diesel” wherein luxury car owners could be asked to pay the market rate and subsidised diesel restricted to farmers and the transport sector. “These proposals are being considered by the Finance Ministry,” Petroleum and Natural Gas Minister S. Jaipal Reddy...

-The Telegraph   The government may introduce dual rates for diesel — with the price of the fuel higher in cars and commercial power compared with the price for truckers and farmers — to prevent its misuse. During a parliamentary debate on the price rise, Opposition leaders asked finance minister Pranab Mukherjee if the government would withdraw subsidy benefits on diesel used by premium cars and commercial users such as telecom tower...

Days after it was made public, the new land acquisition bill is facing resistance. While farmer’s unions and civil society groups want more — permanent rights over land,  even in case of a take over, prior consent of people even for public projects, state agencies and developers are unhappy over the restrictive nature of the bill. "As farmers, we would not like to part with our land but if required in larger...

The recent estimates of employment and unemployment from the 66th round (2009-10) of the National Sample Survey (NSS) belie any hopes that the growth of the Indian economy between 2004-05 and 2009-10 has been inclusive. Employment has expanded by only a million jobs during this period. Not only is this lowest ever growth recorded in any such period, the fact that it occurred during the period of highest growth in...

The ministry of rural development has written to all the states warning them not to go slow or suspend works under the Mahatma Gandhi National Rural Employment Guarantee Act at any point of time in the year. The communication reminding the provisions of the right to work Act comes in the wake of reports that some states are going slow in execution of works under the UPA's flagship social sector programme,...