-The Hindu   “The sector has over 345 reactor years of safe operation” In the wake of the Fukushima nuclear accident, the emergency response and preparedness measures in India's nuclear facilities had been strengthened and several recommendations of the safety reviews mandated by the government of India had already been implemented, said Srikumar Banerjee, Chairman, Atomic Energy Commission (AEC), on Wednesday. A road map was being prepared for implementing the other recommendations. Addressing the...

The worse off the poor become, the healthier our Ministers get. Air India might not be doing as well we'd like it to. But the braveheart who flew it fearlessly into dense clouds of debt is doing okay. Praful Patel (who no longer holds the aviation portfolio) added, on average, over half a million rupees every day to his assets in 28 months between May 2009 and August 2011. This might...

The Planning Commission’s latest affidavit to the Supreme Court in the right to food case reveals it has not taken the court’s advice to revise the thresholds and spending that determine the poverty line, although the commission admits to spiralling food costs and inflation. The affidavit was filed in a public interest litigation being pursued by the People’s Union for Civil Liberties, which wants the government’s threshold of Rs. 12 and...

Planning Commission, RBI officials hold brainstorming deliberations with experts With the persistent near double-digit headline inflation, despite sustained increases in key policy rates by the Reserve Bank of India, turning out to be “a frustrating experience for policymakers,” senior officials from the Planning Commission, the Finance Ministry and the RBI met with a group of academic economic experts and representatives of the International Monetary Fund (IMF), the World Bank and the...

The finance ministry has put its seal of approval on a proposal to directly transfer subsidies to the bank account of a beneficiary that is linked to her Aadhaar, or unique identification (UID) number. The government has previously articulated its desire to experiment with direct transfers to make its management of subsidies more efficient and ensure benefits actually reach the targeted people. In a notification issued on Tuesday, the finance ministry extended...