-The Economic Times For many, it is a sense of deja vu. Fifteen years ago, the government and India's financial regulators came under fire after hundreds of crores were cleaned up by a few individuals and entities from gullible investors, who were promised fabulous returns from plantation schemes. In the uproar that followed, the government and the regulators sought to palm off the responsibility of regulation of such schemes on each...

-Live Mint Government rejects coal price pooling, moves closer to allowing projects assured fuel linkages by CIL to import coal The government rejected a proposal to pool coal prices and instead moved a step closer to allowing power projects that had been awarded through competitive bidding and assured fuel linkages by state-owned miner Coal India Ltd (CIL) to import the fuel and pass on the incremental costs as higher electricity tariffs. Price pooling...

-The Economic Times The government's plan to make the Aadhaar number the centrepiece of the cash-transfer system is now facing opposition from a new quarter: banks. Several banks, led by the State Bank of India, have expressed reservation against jettisoning their current systems in favour of the platform created by the Unique Identification Authority of India (UIDAI), which issues the Aadhaar number and wants to make it the basis to authenticate...

-The Hindu   The flagship programme will now include LPG subsidy Admitting that the UPA government's ambitious flagship Direct Benefits Transfer (DBT) programme had run into unanticipated "difficulties" since its roll-out in January this year, Prime Minister Manmohan Singh on Friday exhorted the departments concerned to renew efforts for its successful implementation. Dr. Singh pointed to the "unsatisfactory nature of tracking and monitoring" systems of the scheme which had the potential of "transforming...

-PTI The government today approved road projects worth Rs 4,620 crore in Assam and Madhya Pradesh for the widening of National Highways. All the four projects, including three in Assam for widening of stretches of National Highways 37 under Special Accelerated Road Development Programme in North Eastern Region (SARDP-NE) at a cost of Rs 1,933 crore, were approved by the Cabinet Committee on Economic Affairs (CCEA). "The CCEA has given its approval for...