Friday, March 1, 2002, Chandigarh, India
 Updated at 3:00 am (IST)

Sinha hits salaried class the hardest

   5 pc security surcharge    LPG Rs 40 up
   Fiscal deficit 5.3 pc

New Delhi, February 28
Life for the salaried class will become more difficult with the Finance Minister Yashwant Sinha today proposing a 5 per cent national security surcharge across-the-board on all categories of tax payers, hike in the prices of cooking gas, kerosene and postal rates, a cut in small savings rate and income tax rebate on savings.
In video (56k)

  Petrol, diesel prices cut, kerosene up
  Tea, cosmetics to cost less
  Laptops, cellphones cheaper
  Postal articles dearer

   Proposals at a glance
   Editorial: Tight squeeze

In video: General public reacts to the Budget.  (28k, 56k)


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National Capital Region--Delhi

79 die in communal flare-up, Army on standby
Ahmedabad, February 28
More than 79 persons were killed, 38 of them burnt alive, and scores injured today in the worst communal flare-up in Gujarat in recent times. The Army was called after rampaging mobs attacked and burnt homes, shops, buildings and buses in retaliation against yesterday’s killing of 58 persons in a train in Godara.
In video (28k, 56k)

Protesting crowds torched a number of vehicles in Ahmedabad on Thursday.

Editorial: Carnage in Gujarat

Protesting crowds torched a number of vehicles in Ahmedabad on Thursday. The VHP had given a call for Gujarat bandh to protest against Wednesday’s attack on the Sabarmati Express at Godhra. — PTI photo

Communal amity at all costs: Advani
Says inquiry on Godhra trouble ordered
New Delhi, February 28
Union Home Minister Lal Krishan Advani today assured that the Centre would maintain communal peace and harmony and informed the Lok Sabha that the Gujarat Government had ordered a judicial inquiry by a retired High Court judge into the “horrendous” incident in which 55 persons were killed when two coaches of Sabarmati Express were torched at Godhra yesterday.


50 years of Independence

Tercentenary celebrations

Tehelka expose

Maharaja Ranjit Singh: special features & photos

Ayodhya borders sealed
Curbs on activities of ‘kar sevaks’
Faizabad, February 28
Nearly 7,000 security persons were deployed in and around the temple town of Ayodhya and its borders sealed as the authorities today vowed to prevent ‘kar sevaks’ from carrying carved pillars to the disputed site for the construction of the proposed Ram temple.

14 pc hike for Defence
New Delhi, February 28
The government today chose to concentrate on the country’s security concerns by bringing about a substantial hike of 14.03 per cent in its allocation for Defence over last year’s revised estimates in the annual Budget presented by the Finance Minister, Mr Yashwant Sinha, here today.


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Safeguarding Punjabi culture


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Govt control over oil prices goes
New Delhi, February 28
The government today announced dismantling of the Administered Price Mechanism (APM) in the petroleum sector from April 1, 2002.

PM terms it bold, allies decry LPG price hike
Opposition dubs it anti-poor, anti-farmer, Sinha defends
New Delhi, February 28
Terming the 2002-03 Budget as “bold” despite the global recession, Prime Minister Atal Behari Vajpayee today asserted economic reforms would not affect developmental activities and that employment opportunities would be improved.
In video (28k, 56k)

Manmohan SinghObjectives lack clarity
T is a Budget with a lot of good intentions but the programmes are so dispersed that it is very difficult to evaluate because the objectives are not clearly stated. The overall macro-framework in which Finance Minister Yashwant Sinha is working is not spelt out.


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Editor, Printer and Publisher: Hari Jaisingh
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Copyright : The Tribune Trust, 2001.