19.3.12
Britain to end aid to India from 2015
Britain is preparing to end its aid programme to a booming India and is unlikely to renew its commitment after 2015, a media report said .Andrew Mitchell, the international development secretary, has made it clear that his department’s £1.6 billion programme for the former colony is in its final phases and will be wound up as the Indian economy booms and its own efforts to alleviate poverty become increasingly effective, according to the British press. “We are walking the last mile with them,” he said. At present the government has publicly committed to funding aid programmes in India until 2015. “The fact is we didn’t mess around. . . We won’t be there for ever,” he was quoted as saying.
Didigiri continues
Looks like the UPA 2 continues to face death by a thousand cuts...with truant allies like the TMC and DMK.
Dinesh Trivedi paid for his adventurous decision to raise passenger fares in the railway budget 2012-13 -- a decision his populist predecessors Mamata Banerjee and Lalu Prasad dared not to take for the past eight years. Known to be erudite and affable, Trivedi (61) has been with Banerjee since the inception of Trinamool Congress and was rewarded with a cabinet berth for his loyalty to her, but differences were said to have cropped up between them for quite some time. Things came to a head when he proposed a stiff across-the-board hike in passenger fares in the railway budget on Wednesday to net Rs 4,000 crore extra a year. He effected increase in suburban and non-suburban fares, ordinary second class mail and express fares, sleeper class, 1st class, all AC class travel and Rajdhani, Shatabdi, Duranto and Janshatabdi trains
Dinesh Trivedi paid for his adventurous decision to raise passenger fares in the railway budget 2012-13 -- a decision his populist predecessors Mamata Banerjee and Lalu Prasad dared not to take for the past eight years. Known to be erudite and affable, Trivedi (61) has been with Banerjee since the inception of Trinamool Congress and was rewarded with a cabinet berth for his loyalty to her, but differences were said to have cropped up between them for quite some time. Things came to a head when he proposed a stiff across-the-board hike in passenger fares in the railway budget on Wednesday to net Rs 4,000 crore extra a year. He effected increase in suburban and non-suburban fares, ordinary second class mail and express fares, sleeper class, 1st class, all AC class travel and Rajdhani, Shatabdi, Duranto and Janshatabdi trains
A missile hub in Andhra
India’s missile power is set to get a boost with a surface-to-air missile unit ready to come up at a cost of Rs 30,000 crore at Ibrahimpatnam in Andhra Pradesh’s Rangareddy district. The foundation stone for the project, undertaken by Bharat Dynamics Ltd (BDL), was laid by chief minister N Kiran Kumar Reddy on Sunday. The infrastructure for the project, spread over 630 acres, will be ready in three years. Once ready, an estimated 6,000 missiles are expected to be produced at the unit. Moreover, missile production will go up as project capacity is expanded to keep up with the demand for missiles. M Pallam Raju, minister of state for defence, said that the project cost would be allocated in the 12th and 13th Plans. Project developer BDL’s turnover is also expected to go up from Rs 1,000 crore to Rs 5,000 crore once production begins at the unit. The new unit will also help create 1,000 officer-level jobs. Manpower from educational institutions, Pallam Raju said, should be churned out as per industry requirements to enable the local population to benefit from the project and find employment at the unit.
18.3.12
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