-Outlook Starting June 1 Cooking gas (LPG) consumers in 18 districts will get Rs 435 in their bank accounts when they book an LPG cylinder as the government rolls out its ambitious direct benefit transfer programme to cut its fuel subsidy. The scheme was to be rolled out in 20 districts initially but the launch in Mysore in Karnataka and Mandi in Himachal Pradesh has been put off by a month due...
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Aadhaar triple booster-Sobhana K
-The Telegraph The Unique Identification Authority of India (UIDAI) today unveiled three services that will help people authenticate their identity anytime, anywhere by just using their Aadhaar number instead of the card. The iris-based authentication, OTP (one-time password) and e-KYC (know your customer) services will ensure Aadhaar cardholders don't have to carry address or identity proofs to get a phone or Cooking gas connection. Service providers like banks or telecom firms merely...
More »Ranbaxy's dark chapter-Bhupesh Bhandari
-The Business Standard Why have Indian authorities woken up to the Ranbaxy case only now? The matter had been simmering for several years The Ranbaxy affair is one of the darkest chapters of India's business history. The company has admitted it fudged data so that it could launch its products in the United States. It has now paid $500 million as a penalty to settle the case. It is worse than Ramalinga...
More »Finance Ministry agrees to Rs 1 lakh cr diesel, LPG subsidy for FY'13
-PTI NEW DELHI: Finance Ministry today agreed to dole out a record Rs 100,000 crore towards diesel and Cooking fuel subsidy in 2012-13 but wants pricing formula to be changed from current year to cut down the outgo. Finance Ministry, which had previously given out cash subsidy of Rs 55,000 crore, agreed to give Rs 40,000-45,000 crore more to cover for unmet revenue losses on fuel sale in the fiscal year ending...
More »Privatising the ICDS?-Jayati Ghosh
-Frontline The Central government's proposal to hand over the supply of supplementary nutrition to NGOs in the name of "community participation" is surely an invitation for private profiteering on the back of this supposedly public scheme. ENSURING safe and healthy conditions for the reproduction of the population is obviously the most fundamental requirement of any society. So the progress of a society can be determined (and indeed is routinely judged) by the...
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