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Sunil Sethi: Why we can't remember dates
Everyone with a reasonable memory remembers 26/11, but how many can instantly recall 31/10, 21/5 or 6/12? Those were equally shattering dates in the nation’s political calendar that led to convulsive bloodletting, grief and trauma. They are the dates when Indira Gandhi and Rajiv Gandhi were assassinated and the Babri Masjid was demolished. Public memory is notoriously short, but unless personally affected by tragedy, catastrophic moments lie chiefly in the province of chroniclers of history. There are thousands of others who perished in other recent calamities, natural or man-made — terrorist strikes, Naxalite encounters, floods, earthquakes and rail accidents — but can anyone precisely recall when? Of course not. http://smallpersonalloans.org.uk

India Eco Summit: 'Food inflation to ease by fiscal-end'
Planning Commission Deputy Chairman Montek Singh Ahluwalia today said the food price inflation would come down by the end of the current fiscal.

News of the day

Re-engaging with the world
Sunil Jain / New Delhi January 01, 2010, 0:35 IST
Management

UP announces incentives for IT/BPO, realty

To lure the Business Process Outsourcing and IT/ITeS industry, the Mayawati government in Uttar Pradesh has showered various sops. The realty sector, too, has been blessed with many relaxations. - NEWSALERT: Genpact opens remote operations center in Hyderabad - Hiring activity up 4.1% in September: Study - Etisalat DB inks Rs 750-cr BPO deals - Tech Mahindra: Forex gains - Net transactions show 10% monthly growth - It"s raining deals for Birla Minacs IT majors and BPOs setting up units in UP will get 100 per cent relaxation in stamp duty. Those setting up call centres can now get a land lot in UP on easier terms. In a meeting of the state cabinet chaired by the CM on Friday, all development authorities in the state have been directed accordingly. IT companies have been given huge relaxations in the lease rent on land allotted to them. IT and BPO industries can now complete construction on the land allotted to them in five years instead of three years. The government has decided to reduce the lease rent on commercial land by more than 60 per cent. The cabinet also decided that those getting a commercial plot through open bidding by March 31, 2010, will have to pay just one per cent lease rent instead of the earlier rate of 2.5 per cent. In case the allottee is making a one-time payment, the lease rent payable will be 11 per cent instead of the existing 27.5 per cent. Those realty companies which have failed to pay the cost of the land allotted to them have been given the option to reschedule their payment mode. Defaulter realty companies can now pay the cost of land over 10 years. This facility will be available till the end of this financial year only.


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