Tamil
Nadu CM opposes disinvestment in NLC
Chennai: Tamil Nadu chief minister M Karunanidhi
has opposede the Centre's decision to disinvest in the
public sector Neyveli Lignite Corporation, and has demanded
that the decision be reconsidered.
In
a fax to prime minister Manmohan Singh and finance minister
P Chidambaram Karunanidhi said if the Centre was unable
to reconsider its decision to divest 10 per cent of its
equity in NLC, the shares proposed to be disinvested could
be sold to the employees.
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Railways
to launch major facelift programme
New Delhi: The Indian Railway has embarked on a
major facelift initiative under public-private partnership
and is also seriously considering a proposal to deploy
special security forces in running trains to provide upgraded
security to passengers, said Railway Board chairman J
P Batra.
However
a Constitutional amendment was needed to deploy such forces
in running trains he said. According to him the Railways
was introducing a "Pilot Project" on cleanliness
taking forward Railway Minister Lalu Prasad's budget announcement
to celebrate 2006 as a "customer year with smile"
and bids are going to be floated soon for this. "The
successful bidder would upgrade Delux Toilets at A-1,
A and B category railway stations under Public-Private-
Partnership", Batra said. He said normal "pay
and use" toilets are also to be built/or renovated
on PPP model by private parties at A,B,C,D and E"
category stations.
The
charges would be Rs two for use of toilet and Rs five
for bathing and toilet, while urinals are to be provided
free, he said.
Besides
renovated toilets, a successful bidder, Batra said would
also provide value added services like selling newspapers
and Magazines at printed rates, taxi-booking, Telephone,
provision of Cloak room, automatic vending machines and
medical facilities.
Batra
said the financial allotment in Plan head Passenger Amenities
has been increased from Rs273 crore in 2005-06 to Rs353
crore in 2006-07 as the top priorities of Railways in
the budget 2006-07 would be to improve its image among
the passengers in "touch and feel" areas-- safety
and security, punctuality of trains and cleanliness inside
and outside trains and stations.
He
said a separate tender has also been invited for improving
services on trains and the successful bidder would be
entrusted with the supply of linen, newspaers, books and
will have to ensure cleanliness in trains. Three trains
with pantry cars and three without would be taken for
the pilot project, he said adding that for trains without
Pantry Cars, catering would also be the responsibility
of the bidder.
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India
turning into net food importer: UNDP
New Delhi: After many years of being a food exporter,
the Asia-Pacific region, particularly India is turning
out to be a net importer of food under the free trade
regime, according to UNDP's Asia-Pacific Human Development
Report 2006.
Richer
farmers and agribusinesses are moving out of food production
towards the cultivation of more profitable commercial
crops, which has profound implications for more than half
of the billion people living in the region with a majority
in India who are food insecure. India in the last decade
has largely neglected the agriculture sector as a serious
decline in investment began in 1980s falling by 29 per
cent uptil 1990 adversely affecting the farm growth. If
India wants broad-based and equitable development, it
will have to invest more in agriculture-- particularly
for capital formation-- while providing price support,
affordable loans, assistance with irrigation and marketing
and help with storage, processing and distribution facilities,
said the report released last week.
Despite
impressive overall economic growth and improving levels
of poverty, in South Asia including India, public expenditures
on agriculture have fallen sharply to as low as 1.9 per
cent in 1990. By 2001, such expenditures reached barely
to 1.2 per cent and the farm sector continued to support
the vast majority of sub-region's poor. The report said
the Asian Governments including India need to make serious
efforts at land reforms for effecting agriculture development.
In
India, 71 per cent of rural households are classified
as land-poor, while Bangladesh accounts for 78 per cent
and Sri Lanka, Indonesia and Philippines at more than
one-third of the farm population. India, like other Asian
nations, is on the verge of facing net food deficit in
the near future from food surplus till recently. Among
Asian countries, China had a surplus till 2003 and the
Philippines upto 1994. However, in Indonesia, Malaysia
and Thailand, the surpluses have gone.
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India
to add 100,000 MW of N-energy: Planning
Commission
New Delhi: The Planning Commission has accepted
recommendations to raise the nuclear energy capacity from
3,000 MWs to 100,000 MWs in 25 years amid expectations
of the US Congress would endorse the Indo-US nuke deal
by the end of this month.
A
recent conclave on India's energy security aimed to address
the need for an integrated approach to energy security
in the backdrop of the Draft Report of the Expert Committee
of the Planning Commssion on Integrated Energy Policy
led by Dr Kirit Parikh. The Government may also retain
regulatory and safety controls with the Atomic Energy
Commssion consistent with accepted international norms.
Dr Parikh said energy security discussions so far are
mainly concerned about the availability of oil and gas
and is much larger and wider so that it should really
include not only energy security of the country as a whole
but the energy security of the individuals also.
He
said India is importing 70 per cent of its oil needs,
while oil and gas constitute 45 per cent of total energy
consumption in the country. That level shall continue
for another 20 to 25 years if the country is to have a
8 per cent plus growth rate. The Indo-US nuke deal will
enable New Delhi to access technology and fissile material
from the elite nuclear suppliers group to augment electricity
generation to meet the rising demand through environment
friendly means.
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Draft
policy to bring down drug prices
New Delhi: The draft National Pharmaceutical Policy
announced by the government aims to bring down the prices
of medicines by including 354 specified drugs in addition
to the already existing 74 drugs under the list of essential
medicines.
The
Union Minister for Chemicals and Fertilisers, Ram Vilas
Paswan, said, "The Government will make drugs available
to the poor, especially BPL (below poverty line) families."
According to the proposed policy, the 354 drugs, which
have also been included in addition to the 74 drugs and
their formulations, have specified strengths as mentioned
in the National List of Essential Medicines.
Paswan
said it had been proposed to increase the maximum allowable
post-manufacturing expense (MAPE), from the current 100
per cent to 150 per cent. In a bid to give incentive to
R&D in the pharmaceutical sector, the policy also
proposed giving an additional 50 per cent MAPE for R&D-intensive
companies.
The
Minister, however, said that for the existing 74 drugs,
whose prices were under control, MAPE would continue to
remain at 100 per cent for another year in order to avoid
sudden increase in prices. The MAPE would be increased
thereafter. He also said the trade margins on generic
drugs would be fixed at 15 per cent for wholesalers and
35 per cent for retailers.
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