-The Economic Times Prime Minister manmohan singh has taken charge of the UPA's initiatives to directly transfer welfare benefits and subsidies into individual beneficiaries' bank accounts - a system that would plug the rampant leakages of funds earmarked for the poor via schemes such as NREGA on which the government spends over 3,00,000 crore annually. A new ministerial co-ordination committee under the PM would now fast-track the architecture for cash transfers while...
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Supreme Court gives UPA respite on sale of resources
-The Hindustan Times The UPA government, staging a comeback through economic reforms after months of being on the back foot, got another boost after the Supreme Court said that auction was not the only method allowed in allocating natural resources. Prime Minister manmohan singh's government has been rocked by criticism that it handed out telecom spectrum and coal fields at an alleged loss of Rs. 3.6 lakh crore to private players instead of...
More »Singh’s Homespun Plea for Liberalizing India -Chandrahas Choudhury
-Bloomberg It wasn't the Gettsyburg Address -- unless it's poker faces we're comparing. Future historians aren't going to be parsing Prime Minister manmohan singh's speech for hidden meanings, and rhetoricians won't be delighting in the majesty of its style and the compression of its effects. It inflamed no passions, as did Mitt Romney's words about the "47 percent," and asserted no big idea or thesis, unless there was one contained in the...
More »Balanced land bill in the offing: Jairam Ramesh- Urmi Goswami
-The Economic Times Ahead of the first meeting of the Group of Ministers on the land bill, Rural Development Minister Jairam Ramesh has asserted that the proposed land bill balances the needs of economic growth with concerns of the common man. In a note for the meeting scheduled for Thursday, Ramesh has argued that the existing Land Acquisition Act, 1894 shows little regard for those whose land is acquired. The note draws...
More »Mamata makes song and dance about FDI with intellectual brigade
-The HIndustan Tiimes After Nandigram and Assembly polls, Mamata Banerjee once again summoned her intellectual brigade, this time to drum up a protest platform against FDI in retail and other issues, the reason for which she withdrew support from the UPA government. From singers, Tollywood actors and playwrights, pro-Mamata intellectuals showcased the protest with not only strong rhetoric but songs and recitals at Metro Channel in Esplanade. The programme under the...
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