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Neeraj Thakur

  • Middle class slighted under UPA's rule

    The size of the middle class in 1996 was a paltry 25 million. In 2014 it is in excess of 160 million. According to McKinsey & Company, by 2015 the middle class will be 250 million or 20% of the country's population The middle-class subsidises government's welfare schemes

    Thursday, 20 March 2014 - 8:00am
  • RBI may put cap on NPAs at 5% of advances

    PSU banks with over 5% bad loans may have to sell their loans to asset restructuring companies (ARCs) in future. The Reserve Bank of India (RBI) and the ministry of finance are considering the option of putting a cap at the maximum amount of bad loans that a bank can have on its books.

    Wednesday, 12 March 2014 - 6:20am
  • Dr Vijay Kelkar borrows heavily from pro-Reliance lobby report

    Renowned economist Dr Vijay Kelkar, who's been the secretary (oil and finance) in the past, has repeated verbatim a privately commissioned report that lobbies for big corporates including Reliance, in his latest report on the hydrocarbon sector called 'Roadmap for reduction in import dependency in...

    Friday, 7 March 2014 - 6:00am
  • Eyes on Poll, UPA plans to extend electricity subsidy for BPL

    Call it the Aam Admi Party effect. Ahead of the Lok Sabha elections, the central government has decided to not review the electricity subsidy provided to BPL families under the national electricity policy. Rather the government has left it for the next government to take a decision on the issue....

    Thursday, 27 February 2014 - 6:00am
  • Mahan coal block to stay with Hindalco, Essar

    Inter-ministerial group gives final clearance, 10 firms given time to obtain environment clearances.

    Wednesday, 26 February 2014 - 6:00am
  • dna special: UPA's hydrocarbons policy may get quiet burial

    Work stuck as no consensus on revenue models, petroleum secy set to retire

    Monday, 24 February 2014 - 8:30am
  • Supreme Court order on deallocation puts coal miners in a spot

    Even as captive coal miners plan to move court to safeguard their blocks in the wake of cancellation orders issued by an inter-ministerial group (IMG), their fate hangs in the balance in the wake of a Supreme Court (SC) judgment cancelling blocks allocated to private companies. The IMG has, so far...

    Friday, 21 February 2014 - 6:00am
  • Food Security Act gets highest hike in budgetary allocation

    The dream project of UPA government -- the Food Security Act-- has got the highest increase in allocation in the subsidy segment. At Rs 88,500 crore, the subsidy allocation is almost nine times over the last year's allocation of Rs 10,000 crore. The overall food subsidy for this fiscal has been...

    Tuesday, 18 February 2014 - 6:00am
  • Unhappy over Centre's inaction over gas pricing, former bureaucrat approached Arvind Kejriwal

    A former bureaucrat who worked in the power ministry and recently complained to the Delhi government about the Centre's natural gas pricing mechanism has said that he did so because he was dissatisfied with the Centre's decisions and actions over the pricing mechanism.

    Saturday, 15 February 2014 - 6:00am
  • India warns US over solar trade dispute

    The central government on Tuesday said said it will retaliate if the US takes India to the World Trade Organisation (WTO) on the issue of providing subsidies to its domestic manufacturers in the solar energy sector. The statement came a day after the US threatened India with filing case at the WTO...

    Wednesday, 12 February 2014 - 6:00am