Weekly News till 14th November

2. Sept. Industrial output growth drop to 4.4%.

Industrial output growth drop to 4.4% in Sept , the slowest in 17 months.

Output growth measured by IIP no.IIP(Index of Industrial Production)

3. Usha Throat Retires.

After 38 yrs. Of her service as Deputy Director of RBI she retires.

Anand Sinha an executive Director of RBI will replace Ms Throat.

RBI= Reserve Bank of India

4. New coal mining norms to end “no go” zones.

Government formulating new strategy to allocate coal mines, setting aside the controversial move by environment ministry to categorize coal-bearing areas in the country as go & no go areas for miners.

If approved by Union-Cabinet this move will prevent confusion over mining rights given to power, steel, cement sector companies.

Concept of go & no go areas for mining is proposed to be replaced by earlier system environment & project clearance to projects using the existing norms & through FAC (Forest advisory committee).

PM should clarify spectrum allocation irregularities

Prime Minister Manmohan Singh should give a clarification on the spectrum allocation irregularities in Parliament.

Also constitute a JPC to inquire into the scam.According to the constitutional scheme of things, it is the

legislature which has to keep a vigil on the executive. A JPC's role is not only to find out the culprit, its job is also to

identify how the system has been manipulated, what are the weakness in it which have to be corrected. It would also recommend a regulatory framework.

Thank you