-The Times of India The Gujarat government has decided to come up with a new policy that would ensure that state's farmers do not have to depend on cotton export in order to earn a high price of their produce. Announcing this in the state assembly, state industries minister Saurabh Patel told the house that the government plans to come up with a scheme that would encourage the existing ginning mills...
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Oil firms’ losses on fuel sales may spike next fiscal-Utpal Bhaskar
Government-owned oil marketing companies (OMCs) may witness a 52% jump in losses on account of selling fuel below cost at state-mandated prices to Rs.2 trillion in the next financial year, said R.S. Butola, chairman, Indian Oil Corp. Ltd (IOC), the nation’s largest fuel retailer. Such an increase will impact the financials of government-owned OMCs such as IOC, Hindustan Petroleum Corp. Ltd (HPCL) and Bharat Petroleum Corp. Ltd (BPCL), which currently register...
More »Gotcha! Three sins of loan recovery
-The Telegraph Bengal’s co-operation department spent the better part of Tuesday on an unusual mission: how to enforce Mamata Banerjee’s very chief ministerial order to nail those who tried to recover money lent by a co-operative bank. “I have asked to lodge an FIR,” Mamata had declared yesterday while ordering the withdrawal of attachment notices on two farmers and announcing that the law will be changed to make government approval mandatory before...
More »CBI to probe cop killing by Rasheed Kidwai
Madhya Pradesh chief minister Shivraj Singh Chauhan today ordered a CBI investigation into last week’s murder of IPS officer Narendra Kumar, allegedly by mining mafia. Chauhan said he was responding to an appeal by Madhurani, the slain officer’s widow who is an IAS officer in the state, and not clamours from the Congress. The Opposition party has been demanding a probe by the agency and called a bandh today to protest the...
More »Congress MP B S Gnanadesikan demands surveillance of NGOs receiving foreign funds
-PTI A demand was raised in Rajya Sabha today that the Government should put in place a strong surveillance network to monitor inflow of foreign funds to NGOs besides creating a data base in the interest of national security. "Government should establish a data base of NGOs to whom foreign contribution is increasing day by day. There are reports that funds are being utilised to fuel unrest in government projects," B S...
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