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Sonia to crack the whip soon
A crackdown of sorts appears to be imminent in the Congress after the April 6 special All India Congress Committee (AICC) session where party president Sonia Gandhi's election is to be ratified.Sonia hinted as much when asked when she would take disciplinary action. At least three State units -- Assam, Madhya Pradesh and Orissa -- are in the grip of widespread dissidence.
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Naidu spells out TDP's plans
Telugu Desam party president N Chandrababu Naidu almost set the party's agenda for the next Assembly elections by laying emphasis on the social sector and on acquiring a pro-poor image for the government. Naidu outlined the course of action to be followed by the party and the government in the next few months at a meeting of the Telugu Desam Legislature Party yesterday.
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Kushabhau likely to succeed Advani as BJP chief
Kushabhau Thakre has emerged as the frontrunner for the post of next BJP president. And, in a move which signals the party's intentions of paying greater emphasis on organisational matters, K N Govindacharya is tipped to become the organising secretary, a post which is being revived after a gap over two decades.
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RBI cuts WMA, hikes interest rate
The government will pay more dearly for fiscal indiscipline following the RBI move to reduce the limit for ways and means advances (WMA) available to the government to bridge any mismatches between expenditure and receipts. It has also jacked up the interest rate on WMA by a wide margin by linking it to the bank rate instead of 91-day treasury bills.
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