UPA-II's plans to replace the existing fertiliser subsidy regime with direct cash transfers to farmers will be delayed as the fertiliser ministry is likely to scrap an intermediate phase where the subsidy was to be rerouted from companies to retailers this summer. This puts paid to the fertilizer industry's expectation that very soon it would be out of the subsidy mechanism which locks up precious working capital. "We are rethinking the original...
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Appropriate action will be taken on highway scam after NHAI ascertain facts: CP Joshi
-The Economic Times At a time when the highway sector is showing signs of revival, a fresh controversy has come to haunt the road transport and highways ministry, with World Bank demanding a probe into "fraudulent and corrupt" practices by Indian contractors working on highway projects funded by the Bank. World Bank's Institutional Integrity Unit has sent a detailed report to the Department of Economic Affairs under the finance ministry, which has...
More »Come June, bountiful Rabi harvest poses problem of plenty by Rajeev Deshpande & Surojit Gupta
A problem of plenty is looming as by June 1, an estimated 12 million tonnes of foodgrain will have to be stored in the open in "kutcha plinths" with a bountiful Rabi harvest and procurement of 65 million tonnes of grain boosting food stocks to record levels. With states like Madhya Pradesh - apart from the wheat baskets of Punjab and Haryana - delivering bonus yields, food stocks are expected to...
More »India's e-waste output jumps 8 times in 7 years by Viju B
India's output of e-waste has jumped by eight times in the past seven years and the open yet illegal incineration of massive quantities of such trash may lead to serious public health hazards, a government report says. According to the latest annual report of the Union ministry of environment and forest (MoEF), by the end of 2012, India would have generated a whopping eight lakh tonnes of e-waste - up eight...
More »Court to go into delay on 18 mercy pleas, including Afzal's by J Venkatesan
The Supreme Court on Tuesday sought from the Centre the files on 18 mercy petitions, including that of the Parliament attack case convict Afzal Guru who is on death row, pending consideration before the President for periods ranging from one to seven years. A Bench of Justices G. S. Singhvi and S. J. Mukhopadhaya called for the records from Additional Solicitor-General Harin Raval after amicus curiae Ram Jethmalani and senior counsel...
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