Launching a frontal attack on the Mamata Banerjee government, Prime Minister Narendra Modi alleged on Monday it has perpetuated syndicate raj in all spheres of life in West Bengal where no work gets done without common people having to pay cut money . He accused the TMC government of pursuing appeasement politics to protect its vote bank while neglecting its cultural heritage and icons. The state government s cut money culture has vitiated the atmosphere to such an extent that you cannot even take a house on rent without paying it..you cannot rent a house without the syndicate s permission, he said.
Torrent Power jumped 5.08% to Rs 383.35 after the company emerged as the highest bidder for acquisition of 51% stake in the power distribution company in the Union Territory of Dadra & Nagar Haveli and Daman & Diu.The acquisition is subject to further formalities as prescribed under the tender documents. The bidding for the distribution business of the Union Territory has been undertaken as part of the Government of India s initiative to privatize distribution utilities of Union Territories to usher in efficiency, which will provide a model for emulation by other utilities across the country.
Torrent Power said it currently distributes nearly 16.66 billion units to over 3.65 million customers in the cities of Ahmedabad, Gandhinagar, Surat, Dahej SEZ and Dholera SIR in Gujarat; Bhiwandi, Shil, Mumbra and Kalwa in Maharashtra and Agra in Uttar Pradesh.
The Bihar government on Monday presented a Rs 2.18 lakh crore budget for 2021-22 fiscal in the Assembly, with no new tax and a thrust on infrastructure and social sectors. Presenting the revenue-surplus budget in the House, Deputy Chief Minister Tarkishore Prasad, who holds the finance portfolio, proposed to introduce a separate department for skill development and entrepreneurship. We have presented a budget of Rs 2,18,302.70 crore for 2021-22, which is Rs 6,541.21 crore more than the total estimates for the current fiscal. The revenue surplus is estimated at Rs 9,195.90 crore, he said. In his maiden budget speech, Prasad said the state government made the highest allocation of Rs 38,035.93 crore for the education sector, followed by Rs 16,835.67 crore for rural development, Rs 15,227.74 crore for roads, Rs 13,264.87 crore for health and Rs 8,560.00 crore for energy.
Oswal Minerals standalone net profit rises 279 05% in the December 2020 quarter business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
Read more about As fuel prices soar, Bengal govt reduces tax on petrol, diesel by Rs 1 on Business Standard. The West Bengal government onSunday announced a reduction of tax by Re 1 per litre on petrol and diesel effective from midnight.State Finance Minister Amit Mitra said the move will provide some respite to people stung by burgeoning prices of