-The Times of India NEW DELHI: Car users can't be penalized for not switching to public transport system, Delhi high court observed on Monday while analyzing the effectiveness of the BRT corridor. "The policy shouldn't be such that you will be punished for doing something... that's not the way to encourage people to use public transport and discourage use of private vehicles," a division bench comprising Justice Pradeep Nandrajog and Justice Manmohan...
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Govt defers call on hiking sugar price
-The Times of India Keeping the festive season in mind, the manmohan singh government, which is on a reforms-fiscal correction mode, hit the pause button on Monday, deferring a decision on scrapping subsidy on levy sugar under the public distribution system (PDS) quota. Removing the subsidy would have meant a steep hike in the price of the commodity to Rs 23 per kg from Rs 13.50/kg. The relief is expected to last...
More »A claim to shame -Sitaram Yechury
-The Hindustan Times In response to the widespread protests and the nation-wide hartal last Thursday, Prime Minister manmohan singh addressed the nation on Friday and tried to explain why these decisions had become inevitable. The thrust of his argument was, “We need a revival in investor confidence, domestically and globally.” For this, the current high fiscal deficit must be contained and, hence, the hike in the prices of diesel and cap on...
More »India's supermarket move shows its tired government has run out of ideas-Jayati Ghosh
-The Guardian Allowing foreign chains such as Tesco to open in India will drive up unemployment and exploit small producers India's ruling coalition has been rocked after its second-largest partner withdrew this week. The latest round of political instability comes about because prime minister manmohan singh announced a number of economic measures without consulting his allies. The announcements – that diesel prices were to be raised, and that India's retail and domestic...
More »FDI in Retail Not a Threat to Kirana Shops: Montek
-Outlook Allying fears that opening up of the retail sector for FDI will hurt small kirana shops, Plan Panel Deputy Chairman Montek Singh Ahluwalia today said modern retail is an expanding segment and it would more than double in a very short time. "I don't think FDI in retail is threat to small retailers. Modern retail is the expanding segment. Those who say that the small sector would be hurt, I think...
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