The reservations of Environment Minister Jairam Ramesh on the projected additional electricity generation capacity of 100,000 Mw during the 12th Five-Year Plan (2012-17) period has failed to cut much ice with the Planning Commission.
The PPP framework for these projects, like building hospitals and schools, will be different from the existing regime for infrastructure.
Besides, as urbanisation spreads, the country will consume more wheat, pulses and less rice and coarse cereals in the coming years.
Former managing director of McKinsey & Co, Rajat Gupta, has stepped down as chairperson of the Public Health Foundation of India (PHFI). Gupta's resignation comes days before the PHFI executive was to discuss his exit.
The working group on food and public distribution constituted under the chairmanship of Planning Commission Deputy Chairman Montek Singh Ahluwalia is likely to recommend using the numbers effectively for streamlining PDS.
An expert committee headed by Planning Commission member Narendra Jadhav is giving finishing touches to the proposals.
Pilots working for Air India are divided on the call of a nationwide strike from March 9 by the Indian Commercial Pilots Association (ICPA), part of the erstwhile Indian Airlines, which has 680 members.
The government is expected to end the benefits under Section 10A and 10B of the Income Tax Act.
Small and medium information technology companies operating out of the Software Technology Park of India (STPI) and who have not relocated their business operations to the special economic zones (SEZs) could stand to lose a substantial part of their tax holidays after the forthcoming Budget.
This Budget, the finance ministry may consider a proposal for a seed fund that would provide financial support to states willing to sell items other than foodgrain, sugar and kerosene through the public distribution system (PDS). The move, experts believe, will help reigning in food inflation that remains in double digits, despite moderation.
To fund infrastructure projects in the public-private-partnership model, the forthcoming Budget could lay down some broad contours on the setting up of debt funds, which will provide investment for the core sector.
As a bonanza to southern states, Finance Minister Pranab Mukherjee is expected to allocate funds worth Rs 6,000 crore (Rs 60 billion) for Chennai and Bangalore Metro rail systems in the forthcoming Budget.
Officials said the proposal and funding could be included in the coming budget and preliminary discussions have been held with finance ministry officials.
Main difference has been on including people above the poverty line in the Food Security Bill.
The Union Budget for 2011-12 is likely to be a low-key affair for social sector spending, as the government is unlikely to come up with any big-ticket announcement for the sector in the next financial year.
The government's bill for funding the National Rural Employment Guarantee Scheme (NREGS) has risen steeply, due to its decision to revise wage rates under these projects and to link these to the inflation rate.
A labour ministry note sent to the rural development ministry (MoRD) says the minimum wage notified in each state - often higher than the NREGA set one - has to be paid. But MoRD has written to the PMO that the NREGA enactment has clauses that exempt it from all other laws, including the Minimum Wages Act. Hence, MoRD is not legally obliged to pay at any other rate.
The killing on Saturday of Joginder Chaudhury, the assistant general manager of Allied Nippon, the auto parts maker, allegedly stoned to death by angry workers, was the culmination of a battle of nerves for the past two months in which, the workers say, they could take no more.
This is her second intervention, seeking that work done under NREGA be treated as scheduled employment under the Minimum Wages Act.
States may set it higher, not lower; planned link to cost of living.
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