Plan and Policy

Plan & Policy

Despite winter, prices of veggies continue to soar

Consumers waiting for cooling down of vegetables prices with the onset of winter may have to wait longer. Prices of onion, tomato and potato, the most staple of all veggies, continue to rule high while others such as green peas are soaring without any respite.

Indo-US cooperation can rise beyond bilateral ties: Modi tells Trump

Prime Minister Narendra Modi on Monday held wide-ranging talks with US President Donald Trump and told him that both nations can rise beyond bilateral ties and work jointly for the future of Asia, reflecting their growing convergence on strategic issues in the Indo-Pacific region.

Demonetisation helped formalising large part of economy: Modi

The demonetisation of high-value currency notes along with a series of other reform measures have resulted in formalising a large part of the Indian economy, Prime Minister Narendra Modi said here today.

In an address at an ASEAN business forum, Modi also highlighting rolling out of the Goods and Services Tax (GST) as well as measures for bankruptcy and insolvency proceedings, besides the linking of Aadhaar database with financial transactions as part of broader policy initiatives to bring transparency in the financial sector.

Odd-even: AAP govt moves NGT seeking modification of its order

The Delhi government today moved the National Green Tribunal seeking modification of its November 11 order refusing to exempt women and two-wheelers from the odd-even car rationing scheme to tackle pollution.

The application, filed before a bench headed by NGT Chairperson Justice Swatanter Kumar, sought exemption of women drivers from the scheme, saying it may affect the safety and security of women.

It sought that the exemptions be allowed for one year till the government procured 2,000 buses for public transport to tackle lakhs of commuters.

Govt to dispose of 5 lakh tons of pulses buffer stock by March

The Centre, which is sitting on a buffer stock of 18 lakh tonnes of pulses, is aiming to dispose of up to 5 lakh tonnes of lentils by March 2018, a senior food ministry official said today.

Last week, the cabinet committee on economic affairs (CCEA) gave approval for distributing a part of the pulses buffer stock to central schemes like Midday Meal and other state-run agencies besides state governments.

"The recent CCEA approval will help clear at least 3.5 to 5 lakh tonnes of pulses from the buffer stock by end of this fiscal," the official told PTI.

October CPI seen at 3.45%

Retail inflation in the country may have inched higher in October owing to increase in prices of miscellaneous and personal care items and impact of rise in housing rent allowances, but will remain well below the Reserve Bank of India’s (RBI) medium-term outlook of 4 per cent, according a poll of economists.

India consumer price index-based inflation, the key policy target of the central bank is likely to have quickened to 3.45 per cent in October from 3.28 per cent in September, according to the median estimate of 18 economists polled by TickerNews.

Rahul targets Modi, Rupani over Sebi fine issue

Congress vice-president Rahul Gandhi targeted Gujarat Chief Minister Vijay Rupani on Sunday over the SEBI slapping fine on his firm for alleged manipulative share trade, and asked the prime minister to speak out on the issue.

Speaking during his poll campaign tour of Gujarat, he claimed that the share market regulator has termed Rupani "beimaan" (dishonest) and imposed fine on him.

Gandhi asked Prime Minister Narendra Modi to speak out against his "dishonest" chief minister.

Winds of change, says Cong after MP assembly bypoll win

The Congress's victory in the Chitrakoot Assembly bypoll in Madhya Pradesh signals the "winds of change" blowing in the political landscape in the country, its chief spokesperson said on Sunday.

Taking to Twitter, Congress's chief spokesperson Randeep Singh Surjewala thanked the voters for reposing faith in the party.