-TheGoan.net As had been anticipated, on October 18, the Cabinet Committee of Economic Affairs chaired by Prime Minister Narendra Modi decided to decontrol the prices of diesel, the most widely-used petroleum product in the country. Riding on an unexpected fall in world prices of crude oil, the government was able to simultaneously announce a sharp fall in consumer prices of diesel by Rs 3.37 per litre (in Delhi). But the decision...

-Outlook More government took Himachal near the top of development indices In the run-up to the Lok Sabha elections, the buzz around the so-called ‘Gujarat model' was such that without really knowing what it stood for, everyone wanted it. ‘Minimum Government, Maximum Governance' is as close as one could get in terms of concrete proposals. However, when one looks at the achievements of Gujarat, the buzz turns to a whimper (see...

-Tehelka Bureau Though well-meaning, the new Land Acquisition Act is far from being a perfect legislation. But the urgency to amend a law even before a real field test signals a larger agenda. By all counts, this was expected. Long before he became the BJP and subsequently the nation's chosen one, Narendra Modi had made it clear that his model of development gains from the ease of doing business. Then, days ahead...

-PTI The finance minister says restructuring FCI, reducing transportation and distribution losses and efficacy of PDS would be taken up on priority New Delhi: The government on Thursday said it will give priority to restructuring of state-run Food Corporation of India (FCI) for improving the public distribution system (PDS). "Government is committed to reforms in the food sector. Restructuring FCI, reducing transportation and distribution losses and efficacy of PDS would be taken up...

-The Business Standard   The new Act is an effort to address the historical injustice while speeding up procedures The Land Acquisition Act, 1894, is a colonial law enacted by the British government which survived and continued post-independence. This Act authorised the government to acquire the land from privately held person for public use, at a reasonable price. Even after independence, the Indian government continued with the 1894 Act. In many instances there have...