Saturday, March 1, 2014

Telangana a reality, Prez gives nod to AP Reorganisation Bill | Deccan Chronicle

Telangana a reality, Prez gives nod to AP Reorganisation Bill | Deccan Chronicle


Increase in the allowance of central govt employees to 100% from 90% by the Govt., is the good news that's making headlines today. The Statesman reports, that the 7th Pay Commission has also been mandated to revise salaries and pensions of Central govt employees.

Subrata Roy finally surrendering to the Lucknow police yesterday is the other big story. "Sahara boss held after 7 hour drama, sent to police custody", headlines The Times of India. His personal appearance has to be ensured by the police in the Supreme Court on March 4th.

The Union Cabinet has shelved the proposed anti-corruption Ordinances, after a note of caution sounded by the Law Ministry, writes the Pioneer .The Indian express opines that the key ministries are not inclined as they are given to understand that President Pranab Mukherjee may not be keen on signing them as there is no urgency.

Mail Today writes on its front page that 'Red Tape' has crippled the blue water capabilities of the Indian Navy and the nation is now paying in blood. A shortage of submarine batteries may well be the starting point of the mishaps on INS Sindhuratna - as the Ministry of Defence had objected to the acquisition process.

Times of India writes that the Indian economy grew at an annual 4.7% in the Oct-Dec quarter, slower than the 4.8% from the previous quarter , raising doubts about the economy achieving the over all expected growth of 4.9% this Fiscal.

As a further dampener, The Tribune adds that the El Nino weather pattern could effect the crucial monsoon and the Kharif crop this year. The El Nino (which is spanish for boy) can trigger drought as well as flooding in different parts of the world and is known to recur every four years.

And Finally, The Pioneer informs us that the world's fastest animal - The Cheetah may return to India - to be housed in the Nauradehi Wild Life Sanctuary in Madhya Pradesh. If the central government is prepared to bear the expenses, the cheetahs will be imported from Namibia in Africa. The ambitious project is the brain child of former Forest Minister Jairam Ramesh.

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