-The Hindu Development, price rise and jobs will be the overriding voter concerns in 2014 Lok Sabha poll Results from a nearly 20,000-strong opinion poll conducted by the Centre for the Study of Developing Societies (CSDS) for CNN-IBN and The Hindu indicate that ‘development and the economy' and ‘price rise' will dominate voter concerns in 2014. Corruption comes in at a distant fifth, just half as important to voters as ‘development and...
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Food Security Bill to partly hurt ongoing recovery; 1QFY14 earnings in focus
-The Economic Times MUMBAI: The Union Cabinet this week passed an ordinance to implement the National Food Security Bill (NFSB). The bill guarantees legal entitlement of food grains at a subsidised price to ~67 per cent of India's population. The ordinance will come into effect immediately once it is signed by the President. But it also needs to be approved by both the houses of Parliament in the monsoon session within six...
More »Hope trumps realism-Paranjoy Guha Thakurta
-The Asian Age Sonia Gandhi’s economic and political ideology may have apparently triumphed over that of Manmohan Singh. The neo-liberal finance minister Palaniappan Chidambaram may be conveying an impression that he’s turned socialist with a vengeance by increasing taxes on the rich in the run-up to the 16th general elections. But the truth is that Mr Chidambaram has made certain assumptions about subsidies, inflation and the expected growth of gross domestic product...
More »Sibal takes on judges, says let the court allocate spectrum, explain its orders -Maneesh Chhibber
-The Indian Express On a day when the UPA government’s renewed effort to attract bids from telecom companies for the ensuing auction of 1,800 Mhz and 900 Mhz spectrum drew a blank, Union Minister for Communications and Information Technology Kapil Sibal said that “if the court were to take upon itself the responsibility of allocating spectrum in the public interest, in whichever manner it deems fit, it may serve us better”. With...
More »Will budget offer a remedy for the creaking infrastructure? -Sujay Mehdudia
-The Hindu India’s infrastructure is bursting at the seams, unable to cope with the pressure from the growing economy. Developing the sector will help to create jobs and result in higher economic growth The Gross Domestic Product (GDP) is likely to grow 5.5 per cent and the economic slowdown shows no sign of halting. India’s infrastructure is bursting at the seams, unable to cope with the pressure from the growing economy. Spurring...
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