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Govt's plan for PSUs to procure from Dalit SMEs fails to take off -P Vaidyanathan Iyer

-The Indian Express In 2017-18, Central PSUs bought Rs 543.86 crore worth goods and services from SC/ST enterprises, accounting for just 0.46% of their total procurement of Rs 1,16,837.27 crore. New Delhi: The government’s ambitious plan to get Central PSUs to make 4% of their procurement from Dalit enterprises has not made much headway over the last six years. In 2017-18, Central PSUs bought Rs 543.86 crore worth goods and services from...

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Poll fetters off, oil in daily dash

-The Telegraph/ PTI New Delhi: Petrol prices have touched a record high of Rs 76.24 per litre and diesel climbed to a highest ever Rs 67.57 in New Delhi with the oil PSUs passing on to consumers the impact of four weeks of a relentless rise in international prices. The price of petrol rose by 33 paise a litre in Delhi, the highest since the daily price revisions came into force in...

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Petrol, diesel prices hiked after 19 days

-PTI Oil PSUs, who had kept rates unchanged for nearly three weeks before Karnataka went to polls despite input cost spiking, reverted to daily revision in prices on Monday New Delhi: After a 19-day pre-Karnataka poll hiatus, petrol price was today hiked by 17 paise a litre and diesel by 21 paise as PSU oil firms began passing on the spike witnessed in international rates to consumers. Petrol price in Delhi was hiked...

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Why has coal mining been opened up?

-The Hindu The approved methodology for auction of coal mines / blocks for sale will prioritise on transparency and ease of doing business. The Centre opened up commercial coal mining for the private sector on February 20. About 70% of power generated in India uses coal. Domestic coal has been able to meet only 75% of our annual coal demand. * What is the significance of the move? The government has termed it the...

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Power Sector Lenders see NPAs Surge Even as Piyush Goyal Defends IREDA's Loan Record -Noor Mohammad

-TheWire.in Growth in bad loans raises questions about due diligence measures followed by renewable energy, power PSUs over last five years. New Delhi: Defending the Indian Renewable Energy Development Agency’s (IREDA) grant of a Rs 10.35 crore loan to BJP president Amit Shah’s son, railway minister Piyush Goyal recently stated that the financing agency had lent money to about 2,000 applicants “in the past one year or so”. While this growth in lending...

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