-The Hindu   Cautioning against keeping “high-investment facilities” idle, the former Atomic Energy Commission chief, M. R. Srinivasan, has sought a vigorous public relations push to counter the “misinformation campaign” against the Kudankulam nuclear project. Noting that there is some amount of misunderstanding in the minds of the people protesting against the project after the Fukushima accident in Japan, he said, “Safety is not in anyway compromised.” “The Atomic Energy Department, Nuclear Power Corporation...

The finance ministry has put its seal of approval on a proposal to directly transfer subsidies to the bank account of a beneficiary that is linked to her Aadhaar, or unique identification (UID) number. The government has previously articulated its desire to experiment with direct transfers to make its management of subsidies more efficient and ensure benefits actually reach the targeted people. In a notification issued on Tuesday, the finance ministry extended...

-The Times of India   For all those already reeling under a series of hikes in petrol prices on the back of zooming inflation, here is some news that will enrage you further. Data of retail prices in countries across the world shows that Indian prices are amongst the highest in the world at current exchange rates. And, if you even out the differences in purchasing power of different currencies then Indian...

-The Hindu   Nothing is more reflective of the confusion and mix-up of priorities of the United Progressive Alliance government than the mismanagement of fuel pricing. While struggling to control inflation through monetary policy, the government sees no problem in allowing oil marketing companies to continually raise the price of petrol. The latest hike, by more than Rs.3 a litre, comes on top of the two substantial increases earlier this year. Although...

-The Telegraph   The Comptroller and Auditor General (CAG) has slammed the Petroleum ministry for failing to take back 25 per cent of the acreage of the KG-D6 oil and gas block off the Andhra coast from Reliance Industries after it reneged on its drilling obligations. The long-awaited report from the CAG based on a detailed performance audit of the country’s hydrocarbon production sharing contracts was tabled in Parliament today. The nation’s auditor surprisingly...