Plan and Policy

Plan & Policy

Trai to issue Net neutrality recommendations tomorrow

Telecom regulator Trai plans to issue the much-awaited recommendations on Net neutrality tomorrow which is likely to impact the future of apps that provide calling and messaging services.

The consultation paper on the subject floated in January this year majorly focused on network speed so that telecom operators do not use it to give preference or prevent access to any website or service like voice calls which requires decent net speed.

Export incentives are investment, not subsidy: Prabhu

Commerce and Industry Minister Suresh Prabhu has made a case for treating support measures to promote exports as investment and not subsidies, arguing that outbound shipments contribute in a big way to boosting growth.

The minister emphasised that exports can benefit the economy in a much shorter term than any other economic activity.

Bank recap to lift GDP growth to 8% next fiscal: Report

The economy is likely to clip at 8 per cent next fiscal as the massive bank recapitalisation will help revive the long-stalled credit demand and private investments, says a brokerage report.

According to Wall Street brokerage Goldman Sachs, the Rs 2.11-trillion bank recapitalisation announced by government last month and a likely recovery in earnings are also likely to drive up the stock markets and has set the Nifty target of 11,600 by next December.

Get tough, I-T sleuths told

As part of its crackdown on slush funds, the central board of direct taxes (CBDT) has asked the taxman to go do a fine tooth-comb scrutiny of cases where a taxpayer has filed a revised income-tax return (ITR) after demonetisation.

Critical not to disturb fraternity of separation of powers: President

President Ram Nath Kovind has said it is critical not to disturb the fraternity of separation of powers and maintain a “delicate balance” while exploring the relationship between the judiciary, the executive and the legislature as they are all equal. The three organs of the state should be conscious of their liberty and strive to protect their autonomy, he said.

26/11: 9 yrs on, Pak still drags feet

Nine years have passed since 10 LeT terrorists killed 166 people in Mumbai, but none of the suspects have been punished, indicating that this case has never been a priority for Pakistan, especially after the release of the attack’s mastermind Hafiz Saeed, observers say.

The Lashkar-e-Taiba (LeT) terrorists had sailed into Mumbai from Karachi and carried out coordinated attacks, killing 166 people and injuring over 300 in November 2008.

Water-intensive crops possible now, but with a rider

The government is considering a plan under which farmers will not be allowed to grow water-intensive crops like paddy and sugarcane, if they want access to water from new irrigation projects coming up in the country.

This is part of a strategy to allow farmers to shift from traditional crops like rice and wheat towards high-value horticulture crops, sources said.

“The objective is to save water as well as help farmers earn more,” an official said, adding the government is focusing on judicious use of water.

Hafiz Saeed release Pak attempt to ‘mainstream’ UN-proscribed terrorists: India

A day after a court in Lahore ordered to free Mumbai terror attack mastermind and banned JuD chief Hafiz Saeed from detention sources in the home department of Pakistan’s Punjab province insisted that Mumbai terror attack mastermind Hafiz Saeed will not be released from house arrest as he is being booked in another case. Saeed’s counsel advocate AK Dogar however, revealed that a large number of JuD workers have gathered outside Saeed’s residence in Jauhar Town Lahore to welcome him on his release on Thursday night.

Centre announces Rs one lakh crore worth of projects to TN

The Centre has sanctioned projects worth more than Rs one lakh crore to Tamil Nadu, which includes setting up of three new elevated corridors in the state.

Union Minister Gadkari, who handles the portfolios of road transport, highways, shipping and water resources, told reporters here today the projects also include setting up of an Express Highway between Chennai and Bengaluru.

Similar to the Mumbai-Pune highway, Gadkari said a Chennai-Bengaluru Express Highway was planned at cost of over Rs 20,000 crore.