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Govt cushions impact of subsidy waiver of LPG

-The Times of India In a relief to consumers, the home minister P Chidambaram on Friday announced abolishment the import and excise duties on non-subsidized domestic LPG cylinders, bringing down their price by Rs 97 a unit in Delhi. It also asked states to subsidize LPG cylinders. The government had last week restricted supply of subsidized cooking gas to six per household in a year. Any requirement beyond this was to be...

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A risky strategy, born of panic -Siddharth Varadarajan

-The Hindu Building ‘capitalism with Indian characteristics’ means decisions cannot ignore concerns of voters and communities As the economy slows down and the rupee wilts, Manmohan Singh has bitten the ‘reforms’ bullet with both eyes on the credit rating agencies whose negative reports have done much to dampen the ‘animal spirits’ of investors, foreign and native. Last November, when the Congress party made a push to introduce foreign direct investment in multi-brand retail,...

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Fuel loading starts at Kudankulam nuclear power plant -B Sivakumar

-The Times of India CHENNAI: Loading of uranium fuel in the first unit of the Kudankulam nuclear power plant started on Wednesday, the Vinayaka Chaturthi day, as the controversial project took a major step towards becoming operational. The Atomic Energy Regulatory Board (AERB) had given its final clearance for loading fuel on Tuesday night. "Fuel loading has started and it will take at least 10 days for the process to be completed,"...

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Reforms in power utilities, sugar subsidy on the cards

-The Economic Times The government is pushing ahead with long-awaited reforms to boost finances of cash-strapped power utilities and to reduce food subsidy by raising the price of sugar in ration shops, but the cabinet meeting to consider these moves has been deferred to next week. Sources said the government was also considering a proposal to increase the dearness allowance for Central Government employees by about 7%. This should come as a...

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HUNGRY & HAPLESS -Antara Bose

-The Telegraph Fifty-two thousand underprivileged children of Jamshedpur and Gamharia in adjoining Seraikela-Kharsawan went without midday meal on Thursday, a cruel fallout of the Bharat Bandh that forced Jharkhand to stay indoors on Thursday. The success of the bandh meant that either government or aided schools eligible for midday meals stayed shut or BJP workers and other protesters on the road stopped drivers from ferrying food to cradles from the centralised kitchen...

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