Plan and Policy

Plan & Policy

To cut AI price, potential bidders armtwisting govt

With two major private carriers IndiGo and Jet Airways opting out of bidding for Air India, the employee unions of the national carrier have alleged that the potential bidders are arm-twisting the government to sell the airline at a discount.

A forum of 10 Air India unions has said that it will take up the issue with the prime minister’s office and the Civil Aviation Ministry. The unions have levelled the allegation days after it strongly protested against the government bid to privatise the airline.

Govt to split gas marketing, transportation

In yet another reform in the oil sector, government proposes to unbundle marketing and transportation operations of gas in the country, a move that would end up splitting gas GAIL, which owns most of nation’s natural gas transportation network.  Speaking to mediapersons during the ongoing International Energy Forum meeting, oil and gas minister Dharmendra Pradhan indicated that creation of a uniform gas based economy was one of the goals of this government and unbundling as part of this initiative should take off later this year.

PM to OPEC: Need global consensus on responsible pricing of energy

Prime Minister Narendra Modi on Wednesday chose to remind oil cartel OPEC a lesson on propriety by subtly putting across the word that their efforts to artificially distort oil prices were self-defeating, and a global consensus must be built for responsible pricing to provide affordable energy to all.

Unnao gangrape: HC seeks UP govt's stand

The Allahabad High Court today sought the Uttar Pradesh government's stand on the Unnao gangrape case allegedly involving a BJP MLA and details of action taken.

A bench of Chief Justice D B Bhosale and Justice Suneet Kumar, taking cognisance of the gangrape case in Uttar Pradesh on a letter to the court by senior lawyer Gopal Swaroop Chaturvedi detailing the incident, slated the matter for next hearing on April 12.

PCI rejig: Media bodies write to PM

Ahead of the Press Council of India (PCI) meeting on Wednesday, eight prominent media bodies have sought Prime Minister Modi’s intervention to defer the meet of the “truncated” council, alleging that the PCI chairman has adopted “arbitrary” procedure to reconstitute it.

Rishad Premji is Nasscom chairman

New Delhi: IT industry body Nasscom on Tuesday said it has appointed Wipro Chief Strategy Officer and Board member Rishad Premji as its chairman for 2018-19. Besides, Nasscom has appointed WNS Group CEO Keshav Murugesh as the vice chairman for the year 2018-19.

BoB auctions assets way below loan value

In yet another case of public sector banks (PSBs) not protecting their loans, Bank of Baroda (BoB) is auctioning properties of one of its borrowers at much lower value than the actual loan.

For govt’s 4th anniversary, Modi prepares report card

Prime Minister Narendra Modi is likely to present a report card of his government’s achievements soon. The Prime Minister’s Office has asked all his ministers and ministries to present their respective achievements comparing these to the promises made by BJP in its 2014 Lok Sabha electoral manifesto. The move seems to be a precursor to getting into the BJP's 2019 electoral campaign.

No inherent bias in ToR, clarifies Jaitley

Finance Minister Arun Jaitley on Tuesday said there is no inherent bias or mandate in the Terms of Reference (ToR) of the 15th Finance Commission that could be construed as discriminatory against the states which have made good progress in population control. He was responding to concerns expressed by Kerala, Karnataka and Andhra Pradesh as well as the Congress-ruled union territory of Puducherry over the ToR of the Commission.