Plan and Policy

Plan & Policy

Damage control: BJP reaches out to disgruntled allies

Reaching out to NDA allies ahead of the 2019 general elections, BJP chief Amit Shah will meet Shiv Sena president Uddhav Thackeray in Mumbai on Wednesday and Shiromani Akali Dal supremo Parkash Singh Badal in Chandigarh the following day.

225 GW renewable power by 2022 likely

The government hopes to touch renewable power capacity of 225 gigawatts (GW) by March 2022, the power minister said on Tuesday, li­k­ely breaching the 175 GW ta­rget set in 2015. “We will cross the target of renewable energy before 2022,” RK Singh said, adding bids for the entire 175 GW will be out by March 2020.

India, which is a signatory to the Paris accord for cutting greenhouse gas emissions, has an installed capa­city of over 70 GW, up from 34 GW in December 2014.

Rising use of plastics in farm sector bad for crop, land: WOTR

The Watershed Organisation Trust (WOTR), a Pune-based non-profit group, has warned the government ab­o­ut rising use of plastics in agriculture. It has suggested alternative natural materials obtained from plants, anim­als, and new generation bio­polymers, which are plastics made from biomass sources.

While lauding the gover­nment’s efforts banning single use plastics and enforcing penalties for non-compliance, WOTR has urged action that goes beyond bans and prevent contamination of soil, water, food and air.

Rs 2,600 crore package unlikely to help leather exports this year

Despite a $26 billion (Rs 2,600 crore) package sanctioned by the government, industry expects leather and leather products exports to grow only marginally by three to four per cent in the current financial year. Double-digit growth is not expected to return even next year.

Leather exports have registered a flat growth in FY18.

Modi bets on poll gains with welfare plan for 50 cr Indians

Prime minister Narendra Modi is set to extend a welfare programme to India’s 50 crore workers as he bids for re-election in 2019, but he has limited time and resources to implement the ambitious plan.

Modi aims to initially provide three programmes -- old age pension, life insurance and maternity benefits, while leaving out unemployment, child support and other benefits -- to most working citizens, said government officials, asking not to be identified as the discussions are private.

New MSP policy today as farmer strike intensifies

The Union cabinet is slated to take up the MSP policy for approval on Wednesday where MSPs of 24 crops will be fixed at 50 per cent more than their cost of production. This would weigh heavily on the fiscal position even if the expenditure is to be partly borne by the states.

Coal blocks case: CBI grills Naveen Jindal for 5 hrs

The CBI has questioned industrialist and former Congress Parliamentarian Naveen Jindal in connection with its probe into a 2014 case registered by the agency against Jindal Steel and Power (JSPL), among others, for alleged cheating and corruption.

Finance Ministry raps central tax officers for poor GST show

The finance ministry is not happy with the central government officials who lag behind their counterparts in state governments in GST collection. The poor performance of the central workforce has forced the finance ministry to issue a missive asking them to pull up their socks and prove that they are better than their state government counterparts.

Finance secretary Hasmukh Adhia, in his latest communication, has shared a comparative analysis of state and the central government employees in GST collection as provided by the online platform GSTN.

Govt devises ‘warehousing’ to restructure power sector NPAs

The government is formulating a new policy to “warehouse” stressed power assets and bring it back to health gradually through equity support from banks and power sector lending agencies and operational support from an asset management company or power generating entity like NTPC.

Why isn’t govt ordering probe in ICICI Bank case, asks Cong

Accusing the Modi government of “protecting its crony friends”, the Congress on Monday asked why it is not ordering a probe into the banking frauds in the country, including the ICICI bank case. Congress leader Pawan Khera asked whether the government would order an investigation into the ICICI “scam” in which its CEO is allegedly embroiled and direct every chief of a private bank to declare their relationship with loanees.