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After foreign investors, government balm for aam aadmi -Rajeev Deshpande

-The Times of India An SMS alert that tells the position of stocks in ration shops. A front-to-back computerization tracking food grain movement from procurement to rations shops. And a swipe card to allow BPL users to access subsidized food grain. A two-stage Rs 4,200 crore recast of India's notoriously leaky public distribution system (PDS) is likely to considered by the Cabinet on Monday along with a Rs 1.25 lakh crore expansion...

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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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A risky strategy, born of panic -Siddharth Varadarajan

-The Hindu Building ‘capitalism with Indian characteristics’ means decisions cannot ignore concerns of voters and communities As the economy slows down and the rupee wilts, manmohan singh has bitten the ‘reforms’ bullet with both eyes on the credit rating agencies whose negative reports have done much to dampen the ‘animal spirits’ of investors, foreign and native. Last November, when the Congress party made a push to introduce foreign direct investment in multi-brand retail,...

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PM tells nation: Trust me on reforms, I will deliver

-The Hindustan Times Prime Minister manmohan singh on Friday strongly justified the hard economic decisions he had taken recently and asked the common man for support so that he could repeat his 1991 act - rescuing Indian economy from being at the bottom of the heap. "I promise you that I will do everything necessary to put our country back on the path of high and inclusive growth," he said during his...

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PM manmohan singh asks GoM to fast-track land acquisition bill

-The Times of India Prime Minister manmohan singh has asked members of the ministerial panel to expeditiously clear the land acquisition bill, showing urgency on the legislation that is part of the core Congress agenda but has been held up for three years because of in-house differences. The bill was referred to a group of ministers after the Cabinet erupted over its key provisions, with ministers handling economic and infrastructure wings arguing...

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