PM accepts Dinesh Trivedi's resignation
NEW DELHI (Reuters) - Dinesh Trivedi's resignation as railway minister has been accepted, Prime Minister Manmohan Singh told lawmakers in parliament on Monday.
Trivedi quit on Sunday after his announcement of an increase in passenger fares in last week's railway budget prompted a furious response from his Trinamool Congress party.
The resignation and the fare rollback that is likely to come, underscored the UPA government's inability to take unpopular policy steps.
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India's battle with inflation and weak economic growth became more challenging on Thursday with a sharp spike in the cost of food driving the highest retail price rises on record and a worse-than-anticipated contraction in industrial production. Full Article