mamata banerjee today said private investors “are staying away from Bengal because land is not available for them”. However, she laid stress on the importance of public sector projects — the state has attracted some — saying “public sector investment is also investment”. The chief minister, whose government’s hands-off policy on land acquisition has so far acted as a deterrent for private industry, said at a railway programme in Hooghly’s Dankuni: “The...
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Most states now tax petrol consumption more than Centre-Ajay Modi
Most states now levy greater tax on petrol than the central government, without having to share the subsidy burden. After last week’s increase in prices, state sales tax/VAT on petrol is more than central excise in most cases. The central government levies a fixed excise duty of Rs 14.78 on every litre of petrol. But, states levy an ad valorem tax which, in absolute terms, increases with every price increase of...
More »Part rollback of petrol hike likely by end-May
-The Times of India Minutes after the Congress demanded relief from the steep hike in petrol price, state-run oil marketers on Thursday indicated they could reduce the price by the month-end if the rupee and international oil prices held steady. "Current trend indicates that prices can come down," IndianOil chairman R S Butola said. He was speaking just after Congress publicly asked for a reduction in the hike. "We are genuinely sensitive to...
More »Sorry Ma’am, but I am not a Maoist
-The Telegraph Question Time Didi, organised by CNN-IBN at the Town Hall on Friday evening, was meant to be a platform for mamata banerjee to field questions from a cross-section of Calcuttans on the eve of her completing one year as chief minister. But less than 12 minutes and five questions into the event, Mamata stormed off, accusing some students of being “Maoists and CPM cadres”. Taniya Bhardwaj, a Presidency University student...
More »Cartoon row: Mamata loses cool, storms out of live TV session
-PTI West Bengal Chief Minister mamata banerjee on Friday lost her cool and stormed out of an interactive TV session here when members of audience asked her about the arrest of a professor for forwarding a cartoon lampooning her. "It is not a cartoon. We love the cartoon. Cartoon is a different thing. He is a CPI (M) man, He misused the e-mail of his society people without their consent. He forwarded...
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