Left
sweeps West Bengal, Kerala: warns of bigger role in government
New
Delhi: The Left Front emerged stronger in national
politics after it registered stunning victories in the
elections to the West Bengal and Kerala Assemblies.
A
statement issued by the CPI (M) Central Committee said,
"The election results have strengthened the role
of the Left in national politics."
The Left parties have been at loggerheads with the government
over key issues like airport modernisation, labour reforms,
pension reforms, raising the foreign direct investment
cap for insurance and retailing, and increasing oil prices
in step with rising global crude oil prices.
In
West Bengal chief minister Buddhadeb Bhattacharjee's pro-reforms
agenda won the day a group in the CPI (M) indicated that
on several issues, including pension reforms, the Left
would now be more flexible at the Centre.
However, Prakash Karat's statement that the CPI could
enjoy greater intervention at the center struck an ominous
note and many in the Congress said the future of reforms
at the Centre was now uncertain.
The
future flash points between the Congress and the Left
could include quotas in private sector jobs, foreign policy
on Iran, the US and neighbouring Nepal.
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FM
says no oil duty cut
New Delhi: The finance ministry has refused to
cut duties on petroleum products, a demand that Left parties
have made to defuse the current oil crisis. Such a move
would have provided a cushion to the public sector oil
marketing companies and prevented any significant hike
in retail prices.
However
finance minister P Chidambaram has rejected the idea of
duty cuts during a meeting with Petroleum Minister Murli
Deora on the grounds that the government cannot cut its
revenue stream. Deora is learnt to have told Chidambaram
that the oil firms could lose Rs73,512 crore in revenue
this fiscal if the price of petrol is not raised by Rs9.33
per litre, diesel by Rs10.43 per a litre and LPG by Rs114.45
per cylinder.
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Air
travelers may face air travel cess
New Delhi: The Government is "considering"
levying a cess on air travel to develop smaller airports
across the country.
Union
Civil Aviation Minister Praful Patel however, did not
specify the expected revenue from the cess and the time
by which it was likely to be imposed or how it was planned
to be utilised.
Patel
said the government was also considering providing subsidy
to airlines for operating flights on non-economical routes.
Patel said the government would invest Rs352.10 crore
in modernising and developing Kolkata airport, which include
construction of an integrated cargo complex, linking corridor
for 'circular railway' from Dum Dum to Kolkata Airport.
On
the Chennai airport development, he said an estimated
investment of Rs119.48 crore would be made for construction
of five night parking bays, administrative building, integrated
cargo cokmplex amongst other. Work on both the airports
was likely to be completed by 2007-08, he added.
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