Debt package for three states, hints Pranab Mukherjee

Pranab Mukherjee 1 150x150 Debt package for three states, hints Pranab MukherjeeSeeking debt demand of 3 states- West Bengal, Punjab and Kerala, Finance minister Pranab Mukherjee favored Bengal to firstly fulfill their demands for a debt package.

On Wednesday over the discussion on the Finance Bill, he said that however packages would be offer to Bengal but not restricted to be just one state. A comprehensive package could be for two other debt-ridden states — Punjab and Kerala, source reported.

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Assam Boat Accident: 200 feared killed and missing

Assam Boat Accident 300x212 Assam Boat Accident: 200 feared killed and missingSituation was worse while an overloaded Indian ferry split in two and sank in northeast India Brahmaputra River amidst torrential rain, killed more than 100 and around 100 missing and authorities feared that the toll may rise.

The ill-fated double-decker boat that had capacity to carry 250 passengers was seemed to be overloaded with 500 without lifeboats or lifebelts. According to the Police, total 150 were safely recovered from the river, out of them 105 bodies were of women and children.

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Cotton Exports: Government may allow 20 Lakh bales

Cotton Exports 300x207 Cotton Exports: Government may allow 20 Lakh balesThe Cotton export, being a political issue due to having a full rejection from side of oppositional party members and Congress Party also, who says that the move is anti-farmers, the Centre is likely to plans for allowing more fresh cotton exports.

After the second-biggest producer banned over cotton fresh overseas sales last month, the government and top profile trade officials held a meeting on Monday and said 1.5-2 million bales of the fiber is expected to be allow for export in this year ending September 30.

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Uttar Pradesh has 60pct vacant posts in police

The reports have said that Uttar Pradesh has more than 60 percent vacant positions in states police force s compared to the country average of 25 percent. The ratio is so high even as the Uttar Pradesh reports highest number of crime cases in the country.

At this time, number of murder and atrocities cases against the Schedules Castes (ST) in the state is very high. Reports have said that the UP Police forces have 1,49,168 personnel out of the 3,68,260 sanctioned posts as on January 1, 2011.

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India hosts BRICS Summit with theme of ‘Partnership for Stability, Security and Growth’

BRICS Summit 300x204 India hosts BRICS Summit with theme of ‘Partnership for Stability, Security and Growth’This year, the 4th BRICS Summit hosted by India with theme of ‘Partnership for Stability, Security and Growth’ that will held on Thursday.

Five powerful partners of BRICS – Brazil, Russia, India, China and South Africa – will arrive on Wednesday in New Delhi to attend summit, for a joint development bank in form of World Bank. The issue would be the structure of bank and capitalized.

It is expected from India over two day BRICS summit that the main point would be hold bilateral talks with China to better their trade relations that is imbalanced.

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General VK Singh latter to PM, warns of security issues to India

Army Chief 300x219 General VK Singh latter to PM, warns of security issues to IndiaFew days back the respected Army Chief VK Singh gave a shocking statement on bribe in army deals. And now, General VK Singh has written a letter to Prime Minister.

It is said in reports that VK Singh said in his latter that India’s security might be at risk owing to the fact that tanks are getting short of ammunition, air defence is going outdated and the infantry is working without required weapons.

Reports have said that Army Chief wrote this letter to PM on 12 March. General Singh asked PM Monmohan Singh to pass required directions to improve the preparedness of the Army.

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Mamata Banerjee nominee Mukul Roy as new Railway Minister

Tuesday will be swearing –in ceremony of Trinamool Congress nominee Mukul Roy as the next railways minister who will response to the rail budget debate in Parliament later this week.

After a move of party Chief Mamata Banerjee referenced Prime Minister Manmohan Singh to accept her application in favour of Roy, her first choice as the railways minister.

On Monday after a 20-minute meeting with Banerjee, Mr.Singh granted the approval of Roy as Railway Minister.

During discussion on the motion of thanks in Lok Sabha, PM announced his decision of Trivedi’s departure from the cabinet and said, “Trivedi presented a rail budget that had promised to carry out the Vision 2020 outlined by his predecessor (Banerjee).”

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Rail unions urges PM Manmohan Singh, say don’t roll back

Railway Minster Dinesh Trivedi’s come back in Parliament gives a headache to Railway Union as afraid of roll back the proposed fare hikes recommendation in Rail Budget 2012-13.

Covering around 14 lakh railway employees, the Railway Union wrote a letter to Prime Minister Manmohan Singh to think about “industrial action” if the govt. is moved hikes fare back.

The five federations of railway unions, affiliated to Indian Trade Union Congress (INTUC) wrote, “We are expressing our deep sense of anguish for making the Railway Minister a scapegoat for… justified decision in the interest of the Railways and nation. Should our request fail to receive your sympathetic consideration, we would have no option except to resort to agitation.”

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Union minister Harish Rawat quits after denied CM’s post

Union minister Harish Rawat, minister of State for Agriculture and Parliamentary Affairs is said to have resign from his post and he had also send resign letter to Prime Minister Manmohan Singh to act upon it.

Vijay Bahuguna who gave the nod to the next Chief Minister said, “This is a pressure tactic. We will handle it.”

Mr.Rawat was representing Hardwar constituency and was a strong contender for the post of Uttarakhand Chief Ministership and his move to split from the Union government came after he lost the race and the 10 Janpath overlooked his claims for the Chief Minister’s post.

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Mnamohan Singh holds meet to consider action on 2G verdict

In January 2012 Supreme Court scrapped 122 telecom licences issued in 2G scam 2008.

But Court’s order is dealing with quitting situation by foreign companies from India. Telnor and Bahrain Telecommunications Co (Batelco) has already sold its share and exit from market.

To reviewing the Court’s order, Prime Minister Manmohan Singh held a meeting with Finance Minister Pranab Mukherjee, Communications Minister Kapil Sibal and Attorney General GE Vahanvati on Saturday at his residence.

In this met, they together for defining ones opinions on the Supreme Court judgment under 2 G scam so that the government can find the forward actions and able to handle the future situation.

Talking to Media, Kapil Sibal said, “The purpose of this exercise was only to inform the prime minister and the group about the salient features of the judgment and its consequences and implications, and the basis on which the judgment has been rendered.”

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