-PTI Unfazed by large scale protests over diesel price hike, Prime Minister Manmohan Singh on Saturday asserted it was a step in the right direction and expressed the hope that economy would rebound in the second half of the current fiscal. "The recent increase in diesel prices is an important step in the right direction," he said while addressing the meeting of the full Planning Commission which was called to approve the...

-The Indian Express Full Planning Commission chaired by Prime Minister Manmohan Singh today approved 12th Five Year Plan (2012-17) document that proposes to lower annual average economic growth rate target during the period to 8.2 per cent from 9 per cent envisaged earlier in view of fragile recovery. "The Full Planning Commission approved the draft 12th Five Year Plan document, subject to certain suggestions made in the meeting," Planning Commission Deputy Chairman...

-The Hindu A Planning Commission draft document has made proposals that fail to reflect the case for expanding and improving public-funded medical services and reining in private operators In the health sector, the buzz these days is all about Universal Health Care (UHC). While health activists see in it potential to ensure access to quality health care for common citizens, commercial bodies seem to be eyeing the huge scope for profit from...

-The Hindu The Water Resources Ministry has sought the help of L. Rajagopal — the businessman-cum-Member of Parliament from Vijayawada with major interests in large-scale water projects — to organise an event on Wednesday on interlinking of rivers. Water Resources Minister Pawan Kumar Bansal will be the chief guest at the “Dialogue on Inter Linking of Rivers: Issues and Challenges.” Mr. Rajagopal is the chairman of the Organising Committee for the event...

-The Economic Times At a time when the Rangarajan committee is giving final touches to its recommendations on sugar deregularisation, The Union food ministry has come up with two proposals for fixing new retail price of sugar sold in ration shops (levy sugar) to reduce the food subsidy bill. According to the first proposal, the food ministry has recommended to free up the prices of levy sugar and allow state governments to...