-The Economic Times   Stepping up Kerala's demand for a new dam at Mullaperiyar, chief minister Oommen Chandy said he will meet the Prime Minister Manmohan Singh in New Delhi on Thursday, even as the opposition leader VS Achuthanandan decided to go on a fast on December 7 on the issue.  In an attempt to find a solution to the vexing issue, Chandy would write to his counter part in Tamil Nadu about...

Railways tops the list among infrastructure projects that missed the deadline, causing huge cost overruns to the exchequer. Among the 134 rail projects monitored by the government, 101 were facing delays leading to cost overrun to the tune of Rs 56,609.3 crore, an increase of 153.5%.  There are 26 projects running behind schedule - ranging from two to 213 months - leading to the rise in cost by Rs 20,575 crore....

Finance Minister Pranab Mukherjee may be right in pushing for FDI in retail because reports have been pouring in, indicating that the economic downturn in India and abroad will worsen in coming weeks. 'I want money,' an agitated Finance Minister Pranab Mukherjee reportedly told the Cabinet on Thursday, November 24, when coerced by colleagues from his Congress party for pushing 51 per cent Foreign Direct Investment in retail. The FDI issue is...

The government's decision to set aside a 20 per cent quota for SC/ST vendors in its purchases, if accepted by every sector on a wider scale, has the potential to makegrowth pro-poor and inclusive. The Central government has finally announced a policy reserving 20 per cent of its purchases for micro and small enterprises run by entrepreneurs belonging to the Scheduled Castes and the Scheduled Tribes. The new procurement policy will...

With deep pockets and international sourcing capabilities, global retail chains will outcompete domestic players, displace jobs, and undermine livelihoods. In predictable fashion, the Manmohan Singh government chose to ignore voices of opposition and implement its agenda of permitting foreign investment in the retail trade. While Parliament was in session, the Cabinet met to approve the hitherto prohibited foreign direct investment in multi-brand retail, with a cap of 51 per cent on...