-The Economic Times The recent decision of the government to allow FDI in multi-brand retail trade has attracted heated debate and emotive reactions. Though the main consideration for allowing FDI in retail is not its benefit for farm sector, the debate has predominantly focused on threats and benefits to the country's farmers and the farm sector. Interestingly, the main stakeholders, i.e., farmers, have not reacted much to the poLICy decision and...
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Nuanced opinion on allocating scarce resources -S Murlidharan
-The Hindu Business Line The Supreme Court has answered only the first of the five questions posed before it — whether auction is the only permissible Constitutional mode of alienation of natural resources? It has declined to answer the remaining, lest it is misunderstood as interfering with and commenting upon the 2G verdict in which the Apex Court had cancelled as many as 122 telecom LICenses. In the event, the 2G verdict stays;...
More »Flunking Atomic Audits-MV Ramana
-Economic and Political Weekly The recent Comptroller and Auditor General's report on the Atomic Energy Regulatory Board and, more broadly, on nuclear safety regulation has highlighted many serious organisational and operational flaws. The report follows on a series of earlier CAG reports that documented cost and time overruns and poor performance at a number of nuclear facilities in the country. On the whole, the CAG reports offer a powerful indictment of...
More »Govt holds out SC lesson before critics
-The Telegraph The Manmohan Singh government has decided to aggressively highlight the Supreme Court’s opinion on allocation of natural resources to debunk the CAG’s coal report that presumed losses of Rs 1.86 lakh crore. Although the government had given a restrained formal response yesterday, senior ministers P. Chidambaram, Salman Khurshid and Kapil Sibal were fielded again today. The ministers carefully avoided attacking the CAG directly but the essence of their argument was that...
More »Govt takes dig at CAG, says Supreme Court order on resource auctions vindicates its stand
-The Times of India The government on Thursday seized upon Supreme Court's ruling that auctions are not mandatory for allocating natural resources as a validation of its stand against the comptroller and auditor general's (CAG) findings in the 2G spectrum and Coalgate cases. Talking to media after the verdict, telecom minister Kapil Sibal and law minister Salman Khurshid welcomed the judgment, suggesting it had vindicated the government's position. Sibal said all constitutional authorities...
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