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‘Perfect storm’ that shook

-The Telegraph The enormity of the real challenge before Manmohan Singh is far higher than that posed by Mamata Banerjee. A “perfect storm” is gathering around the economy, according to a Centre-commissioned report packed with suggestions for a series of tough measures that will affect daily life and test the government’s resolve to wade further into unpalatable waters. The report presented by the Vijay Kelkar panel, which was asked to suggest a road...

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Govt holds out SC lesson before critics

-The Telegraph The Manmohan Singh government has decided to aggressively highlight the Supreme Court’s opinion on allocation of natural resources to debunk the CAG’s coal report that presumed losses of Rs 1.86 lakh crore. Although the government had given a restrained formal response yesterday, senior ministers P. Chidambaram, Salman Khurshid and Kapil Sibal were fielded again today. The ministers carefully avoided attacking the CAG directly but the essence of their argument was that...

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Apply land bill norms retrospectively: Kamal Nath

-The Times of India The ministerial panel vetting the land acquisition bill witnessed strong demand on Thursday that it kick in retrospectively. Urban development minister Kamal Nath is reported to have argued that a window for applying the new bill for old cases of acquisition should be retained. If the demand gains traction, it could reopen a significant section of the draft legislation which initially had the retrospective clause but was later...

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UN chief hails progress in scaling up maternal and child nutrition worldwide

-The United Nations High-level political and private sector officials today met in New York to fight childhood and maternal under-nutrition with Secretary-General Ban Ki-moon praising the progress made so far, while stressing the Importance of continuing to boost efforts on this front. “Every household needs to be able to afford safe, nutritious foods. Markets need to be open and fair. The poorest people need to know they can count on social protection...

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Punjab: Politicians, Farmers Divided Over FDI Issue

-Outlook Amid furore over FDI in multi-brand retail, the politicians and farmers in the leading agrarian state of Punjab are speaking in different voices over the issue. While Chief Minister Parkash Singh Badal said the concept may be successful in developed countries like USA, he feared that it may not work in this country. "If the FDI comes, big players will eat into the share of small traders and that will be against...

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