14-01-2017

the hindu
1.So what’s the big deal about advancing the Budget, ask SC

“What provision of law is violated by this?”

The Supreme Court on Friday said it found nothing wrong in the government’s move to advance the presentation of the Union Budget in Parliament by almost a month, on February 1, amid the run-up to the elections in five States.

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2.Cost of Ken-Betwa project now goes up to Rs.18,000 crore.

The cost of the National Democratic Alliance government’s marquee river interlinking project to transfer water from the Ken to the Betwa river has now reached Rs. 18,000 crore, or nearly double the estimate used by the National Board for Wildlife to accord clearances to the project last year. read more

3.Pay heed to Urjit Patel.

Reserve Bank of India Governor Urjit Patel’s emphasis on the vital importance of protecting domestic macroeconomic stability could not have come at a more crucial juncture. With the Centre in the process of finalising the Union Budget, Dr. Patel has stressed the need to ensure that it does not stray from the path of fiscal consolidation, at a time when the external environment is already adverse and likely to remain uncertain for the foreseeable future.  read more

4.Number of unemployed in India to climb: ILO.

India’s interest in becoming an APEC member is likely to come up for discussion between MEA officials and their American counterparts during Prime Minister Narendra Modi’s trip to the U.S. this month.  read more

tio
1. Functional foods will have to clear strict checks to hit mkt

Health supplements, nutraceuticals, probiotics and other functional food products will have to go through a stringent regulatory scanner and comply with specific norms before entering the market.   read more

2. Changing the centre of gravity in Kashmir: Separatists must be fought on the plane of ideas as well

Within five days of his assumption of the high chair of army chief Gen Bipin Rawat set out for Jammu & Kashmir; a trip almost every predecessor of his undertook within a few days of their elevation too. Interestingly across the border, newly appointed Pakistan army chief Gen Qamar Bajwa undertook the same pilgrimage to PoK just a month earlier.  read more

tie
1.Exports grow for fourth straight month, trade deficit narrows.

Workers assemble cars inside the Hyundai Motor India Ltd. plant at Kancheepuram district in the southern Indian state of Tamil Nadu.  read more

2.SC seeks material in support of plea against Budget before elections.

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