-NDTV The Kelkar committee has said subsidies pose the greatest risk to the country's fiscal situation, while suggesting that the excise and service tax rates should be cut to 8% over the next few years. The panel calls for the need to step up disinvestment drive in state-run firms for fiscal consolidation. It says diesel should be deregulated by 2014 and all subsidy on cooking gas be cut by 2015. All subsidies must be...
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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...
More »Gadkari issues legal notice to IAC activist
-The Hindustan Times BJP president Nitin Gadkari on Thursday sent a legal notice to India Against Corruption (IAC) activist Anjali Damania, for alleging he had tried to cover up the irrigation scam in Maharashtra when she approached him. Gadkari has demanded an apology from her. The IAC, however, defended Daminia with ARVind Kejriwal posing four questions to Gadkari over his alleged proximity to NCP chief and union agriculture minister Sharad Pawar. In his...
More »Split wide open: IAC's survey contradicts Anna
-The Times of India Fireworks can be expected from a crucial meeting to be held on Wednesday after ARVind Kejriwal-led India Against Corruption (IAC) said that 76% of people surveyed were in favour of the activists forming a political party. This comes even as social crusader Anna Hazare has opposed forming a political party and also distanced himself from IAC. The results were published a day after Hazare, who will be reaching...
More »Sedition: HC grants cartoonist bail
-The Indian Express The Bombay High Court on Tuesday granted interim bail to cartoonist Aseem Trivedi (25), charged with sedition and sections of the Information Technology Act, 2000 and the Prevention of Insults to National Honour Act, 1971, and ordered his release from the Arthur Road jail here on a personal bond of Rs 5,000. The direction came after a PIL filed by city-based lawyer Sanskar Marathe on Tuesday urged the court...
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