More companies with unconventional business models to get into messy legal hassles in India.
Govt expects to save Rs 10,000 crore through this move.
The new system will entail a periodic revision in the price of subsidised LPG cylinders so that the subsidy remains fixed.
States' demand for 5 years and Constitutional provision ruled out
It came down from $1.94 billion in 2009-10 to $1.17 billion the next year and to $1.11 billion in 2011-12.
All FIPB records will now be digitised; old and unnecessary files will be weeded out
With the Supreme Court (SC) cancelling captive coal block allocations, Jindal Steel & Power Limited will be the worst-affected company.
It is up to the government to take a decision on this before it starts auctioning.
The Supreme Court order has created a new legal framework for coal mining by ruling that only the Union government and its entities can do it.
The Supreme Court is expected to deliver its final verdict on coal mine allocations later this week.
Bureaucrats are finding it difficult to keep pace with Modi's working style -- from long work hours to faster clearance of files -- it is a telling tale in the corridors of power. Vrishti Beniwal finds out
Some experts had said the Budget did not have much in terms of big ideas.
The state has extended its full support, provided its revenues are protected.
Ministers in the Narendra Modi government have been busy making presentations on their 100 days of work. But what these presentations do not mention is that decisions by ministers have been few, with plenty of papers and files moving to the Prime Minister's Office, which is increasingly emerging as a centralised clearance point, even for routine and ordinary issues. Though policy paralysis was a term used freely for the United Progressive Alliance regime, questions are now being raised about pending decisions across ministries and whether at least some ministers have turned redundant.
New Delhi bureaucrats, accustomed to leisurely lunches, golf in the afternoon and long weekends, have been shaken out of their somnolence, say authors. Fear and suspicion hang heavy over the red-sands.
Experts say it will make GDP growth target of 5.7-5.8% difficult to achieve, while ministries feel late resurgence will help in sowing of rabi crops.
The move is part of a larger initiative by the government to speed up work in the highway sector.
Preparing legal framework to protect states from revenue loss.
Prime Minister Narendra Modi's leash on foreign junkets of his ministers and bureaucrats seems to have trickled down to states as well.
The government has opted for the RuPay debit card over the Aadhaar-based platform for "last-mile" authentication in its Pradhan Mantri Jan Dhan Yojana.
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances