Acting against the wishes of the entire state unit of the Congress and even senior central leaders, Gandhi decided to give two prestigious Assembly seats, Sealdah and Bowbazar, to the TC, on Saturday night. Byelections to these seats are slated for this month.
Congress president Sonia Gandhi on Thursday stepped in to ensure cabinet ministers don't keep their junior ministers idle but give them more work to do.After reading out her written speech in the Congress Parliamentary Party meeting in New Delhi on Thursday, Gandhi made an unusual impromptu addition over this issue. According to insiders, Gandhi -- in the presence of Prime Minister Manmohan Singh and most of the Congress cabinet ministers -- pitched for Ministers of State.
According to a Cabinet minister, the UPA's focus during the remaining period of the Budget session will be on passing the Right to Education Bill. Apart from this, the government is planning to bring a Bill to amend the Rubber Act and the National Commission for Heritage Sites Bill. The government will be occupied till July 27 with the General Budget, as contained in the Finance Bill. It will actually not get more than seven days to deal with other legislative business.
Although the CPI-M has emphasised that the railway panel's post is its top choice, Congress floor managers have already conveyed to the comrades that 'it will be difficult' to fulfil their dreams. The CPI-M is likely to get the chairman's seat in the Standing Committee on coal and steel or energy.
Most of the Budget work is done; only some "final touches" remain. For those, he will soon sit with Prime Minister Manmohan Singh--who was governor of the Reserve Bank during Mukherjee's stint in North Block in the 80s--before his draft speech goes to print.
CPI-M general secretary Prakash Karat points out that states like Jharkhand and Chhattisgarh have imposed a formal ban on the Naxalite organisations long ago. "But has the situation improved there? Their situation is similar to that of West Bengal," Karat told Business Standard.
Leaders from other state units are coming to VS's aid ahead of the party's crucial Central Committee meeting even as some ministers of his Cabinet have refused to work with him.
Among the aam aadmi measures, leaders sought an increase in the minimum support price mainly for sugarcane, income tax relief to the salaried class and more benefits to senior citizens. Suggestions were also made to increase subsidy for diesel for farmers and fishermen. Soft loans for minorities and SC/STs were also demanded. But issues like disinvestment, SEZ amendments, insurance bill or financial sector reforms were not discussed.
The ambitious project of the urban development ministry, pegged at Rs 4,676 crore, was originally scheduled to be completed in 2015. It is to be executed through a joint venture company of the central and state government. Equity participation of the state and central government will be on a 50:50 basis. But soon after taking charge of the railway ministry, Banerjee had a talk with Union Urban Development Minister S Jaipal Reddy about her apprehensions.
Last year, she drove the Tata Motors' Nano factory out from West Bengal. Three days ago, Trinamool Congress chief and Railway Minister Mamata Banerjee turned down another Tata offer a donation of Rs 27,70,660 to her party from the Tata Sons Electoral Trust.
As the sun slowly sets behind the skyline of factory buildings, a group of women enters the Vasantham Textiles mill in this industrial town. They position themselves behind their respective sewing machines to stitch T-shirts. But many machines in another corner of the large hall remain unattended.
If the Third Front -- currently comprising nine parties opposed to both the Congress and the Bharatiya Janata Party -- manages to get more seats than the Congress, the Communist Party of India - Marxist led Left Front will work towards ensuring that the next prime minister is made from this bloc.But if the Congress' own tally turns out to be larger than the cumulative strength of the alternative-seekers, the Left will support a Congressman for the top slot.
While they are trying to unite different parties to form a non-Bharatiya Janata Party, non-Congress alliance at the Centre, the Communist Party of India - Marxist and the Communist Party of India on Monday intensified their tussle over the Ponnani Lok Sabha constituency in northern Kerala's Mallapuram district.After the CPI announced its intention two days earlier to field its own candidate from that seat, the CPI-M's Central Committee today put its foot down.
The second phase of reforms was expected to address areas like extending 'national treatment' to foreign banks, which means that foreign banks would be treated on a par with Indian ones under the World Trade Organisation agreement. Other items that are to be considered include permitting listing foreign banks' wholly-owned subsidiaries in India and the acquisition of sound Indian banks by foreign banks.
With the delimitation exercise changing the face of Lok Sabha constituencies, many members of the Lower House may have to work hard to adapt to new political contours. But Mani Shankar Aiyar, the union panchayat minister, can rest in peace. He is the only Member of Parliament who could resurrect his constituency (Mayiladuturai in Tamil Nadu's Nagapattinam district) after it was declared abolished by the delimitation commission.
After sharing the losses of state-owned fuel oil retailers, upstream producers may also have to pay income tax on the burden they take on their books.
The proposal aimed to provide pension for life to widows and persons with severe and multiple disabilities belonging to families below the poverty line, irrespective of age. Expenditure Secretary Sushma Nath argued that if there was no age cap, it would become "open ended" and "send the wrong message" to society. The Cabinet conceded Nath had a point and adopted the revised plan, which includes an age limit.
Employment generation in the midst of a global meltdown will be the central idea of the Interim Budget that the United Progressive Alliance will present on February 16, just ahead of the general elections.
After Vodafone, UK-based Vedanta Resources Plc and Aditya Birla group firm Indian Rayon also face a potential tax demand of around Rs 900 crore and Rs 45 crore, respectively, for their failure to deduct taxes on payments to buy Indian assets, said a senior government official.
Faced with the prospect of missing the direct tax collection target because of the economic slowdown, the Income Tax department has sharply increased fresh tax demands to Rs 1,24,000 crore from companies and individuals in the current fiscal, a 130 per cent increase over fresh demands raised last year.
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