After a lukewarm response to the phase I of the Unique Identification Number (UID) scheme, the state government has decided to do away with majority of questions in phase II to boost registrations. The move may expedite the process but is likely to double the work for various agencies at a later stage. The registrations for AADHAR cards under phase II are likely to begin next month. Unlike in phase I,...

Central pension plan NPS finally gets a boost The ‘New’ NPS     Measure: Improve incentives for distributors. Has been recently implemented.     Impact: Was required. But won’t be enough, need consumer education to build volumes.     Proposal: Increase fund management fees with an option to lower later.     Impact: Under consideration. But finance ministry unhappy with increase in costs.     Proposal: Relax the norms to appoint more fund managers to increase distribution.     Impact: Unlikely. At...

-The Times of India   Lanco, the company accused by Delhi-based Centre for Science and Environment (CSE) of illegitimately cornering contracts worth Rs 13,000 crore under the Jawaharlal Nehru National Solar mission, has objected to the allegations and said "they were not crosschecked with the company and were wrongly perceived".  In a statement made to TOI, A Narasimhan, senior vice-president (corporate communications), said, "Lanco Group has equity participation in few of the companies...

Tamil Nadu’s free laptop distribution scheme, involving what is said to be the largest government order for computing equipment in India, hangs in the balance as all but one vendor, hit by the hard disk shortage created by recent floods in Thailand, have refused to sign on to the state administration’s delivery schedule. “Out of six vendors only one has signed an agreement and we have given a purchase order,” an...

-The Telegraph   The world’s nations negotiating for years on strategies to combat climate change have agreed for the first time to work towards a new pact that would force all big polluters, including emerging economies such as India and China, to curb their greenhouse gas emission. A UN climate change conference in Durban concluded this morning after negotiators from more than 190 countries agreed to consider a new document that would carry...