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Jairam: CAG will audit rural development expenditure by Sushanta Talukdar

The report will be made available to all States Union Rural Development Minister Jairam Ramesh on Thursday said his Ministry would make available to States the details of audit by the Comptroller and Auditor-General into rural development expenditure. “There was some ambiguity on this. I do not want any ambiguity whatsoever. All rural development expenditures of the Central government will be subjected to CAG audit in all States. I have had three...

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‘Diwali bonanza' to farmers, MSP up for rabi crops

-The Hindu   The Union government on Tuesday announced an increase of Rs. 115 in the minimum support price (MSP) of wheat, which has been set at Rs. 1,285 a quintal for the 2012-13 rabi marketing season. The MSP for the previous year was Rs. 1,170 including a bonus of Rs. 50. Terming the increase a “Diwali bonanza to farmers,” Law Minister Salman Khursheed told journalists that the decision was taken at a...

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New manufacturing policy targets 100 mn jobs in 10 years

-ENS Economic Bureau   The government today approved a national policy for manufacturing that aims to increase the sector’s share in the economy to 22 per cent from 16 per cent and create 100 million jobs over 10 years. The policy will ensure this by facilitating national manufacturing investment zones, which will offer faster clearances. “It hopes to... give comfort to investors through a single-window clearance mechanism,” Commerce and Industry Minister Anand Sharma...

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EU stamp for Darjeeling Tea by Vivek Chhetri

The European Commission has registered Darjeeling Tea as a Protected Geographic Indication (PGI) product — the first commodity from India to get such a tag. The status implies that the brew produced only in Darjeeling can be sold as Darjeeling Tea in the European Union countries. But a section of blenders, who at present pass off brew with a certain percentage of Darjeeling brew as Darjeeling Tea, have been given a...

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Cabinet seal on wage board proposals

-PTI   The Union cabinet today approved the recommendations of the Majithia wage boards allowing an increase in salaries and allowances that will benefit over 40,000 newspaper employees, including journalists. The revised wage will be applicable with effect from July 1, 2010, while other allowances, such as those for transport, house rent and hardship, shall be effective from the date of notification in the gazette, labour minister Mallikarjun Kharge said. The revised pay scale...

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