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Saturday, August 16 1997
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PM trains guns on graft
Prime Minister I K Gujral, in his 80-minute address to the nation yesterday, pledged to weed out corruption from the veins of the country and promised to begin a new `satyagraha' for ending the menace.

Mayawati belittles Chandrashekhar Azad
Uttar Pradesh Chief Minister Mayawati's determination to establish Bhimrao Ambedkar as the most widely-accepted icon of the country is well-known. It is therefore not entirely surprising that she has passionately gone about renaming institutions in her state after him.

Autonomy will not sever J&K from nation: Farooq
Jammu and Kashmir Chief Minister Farooq Abdullah has asserted that granting of autonomy to the state would not weaken its ties with rest of the country and said his government would take up the matter with the Centre soon after two committees set up for the purpose submitted their reports.

US to sell uranium enrichment plants
The United States plans to sell its once highly secretive uranium enrichment plants and some of the most sensitive technology to produce a much cheaper way of making enriched uranium that is in the prototype stage.

UKD to intensify stir for separate state
The Uttarakhand Kranti Dal (UKD), said it would intensify its agitation for the creation of a separate state in the hill districts of Uttar Pradesh with a bandh in the region today, to be followed by a protest rally in the national capital.

Nusli Wadia to seek salary hikes for sons
Ness N Wadia and Jeh N Wadia, the two sons of Nusli Wadia, who have been management cadre executives at Bombay Dyeing since January 1995, are proposed to be given immediate pay hikes subject to a ceiling of Rs 75,000 a month, including perks.

Escorts decides to leave bid money for Pinjore tractor unit
Tractor manufacturer, Escorts, has decided not to claim the tender money of Rs 50 lakh given to HMT while bidding for the latter's Pinjore division. The move is a clear indication that the company is keeping its interest alive in acquiring a stake in HMT's tractor division.

Income tax draft bill plans to delete MAT
The working draft of the Income-tax bill 1997 prepared by the expert committee appointed for simplifying the Income-tax law has proposed to do away with the Minimum Alternative Tax (MAT) from April 1, 1998-99.

Trade guarantee fund for setting up defaulter panel
The exclusive feature of the Trade Guarantee Fund of the Bombay Stock Exchange (BSE), is the setting up of an independent "defaulter committee" which has been empowered to issue guarantees against trades and indemnities as well.

Gujral promises to liberalise facilities for NRIs
Prime Minister I K Gujral has vowed to launch a crusade against corruption, liberalise facilities for NRI, revitalise PSUs, strengthen SSIs and provide focussed attention for development of infrastructure for achieving an economic growth rate of 10%.

The August 15, 1947 issue of Indian Express


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