-The Hindu FDI cap in insurance raised to 49%; foreign investment in pension sector allowed; new Companies Bill 2011 cleared Notwithstanding the strong opposition to its reforms agenda, the Manmohan Singh government on Thursday pressed ahead with more big-ticket reforms, raising the FDI cap in the insurance sector to 49 per cent, opening up the pension sector for foreign investment and clearing the Companies Bill, 2011. It also approved amendments to the...
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Cabinet to consider FDI in pension, insurance
-PTI In another round of big-ticket reforms, the Union Cabinet will consider on Thursday raising the FDI cap in insurance sector to 49% and opening the pension sector to foreign investment besides creation of a National Investment Board. The Cabinet will also consider a number of other crucial measures like giving more powers to commodity market regulator FMC, Competition Bill to bring all sectors under Companies Act, and model tripartite agreement for operationalising...
More »Gutkha banned in Uttar Pradesh -Ashish Tripathi
-The Times of India Lucknow: Uttar Pradesh (UP) government on Wednesday decided to ban gutkha, which is paan masala mixed with tobacco, as per the order of the Allahabad high court order and the Food Security Act passed by the parliament. However, The order will come into effect from April 1, 2013. Chief minister Akhilesh Yadav said that six months time has been given to find other source of employment for...
More »Water around Union Carbide factory in Bhopal is dangerous: Report in Supreme Court-A Vaidyanathan and Samira Shaikh
-NDTV The Supreme Court has been told that the water around the former Union Carbide plant at Bhopal is contaminated and not fit for consumption. The report was filed today by the Indian Institute of Toxicology Research (IITR), Lucknow, which collected 26 samples from around the factory, from where a poisonous gas leak in 1984 led to the deaths of more than 15,000 people, creating the world's largest industrial disaster. The leak...
More »Health guarantee scheme for children in the offing in UP
-PTI Lucknow: In a bid to improve its image, which was marred by the multi-crore NRHM scam, the Uttar Pradesh health department is set to launch a health guarantee scheme for children in the age group of 2-16 years. "The planning to launch the scheme is at final stages and we will be launching it soon. SP government is committed for the cause of poor and I am ensuring that all the...
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