At a recent meeting in Kolkata, finance minister Pranab Mukherjee threw up his hands for not being able to present a bold Budget because of coalition politics. Indeed, Mamata Banerjee of the Trinamool Congress, a coalition partner, has been a thorn in the side of the UPA. She enjoys a veto on nearly everything that the government wishes to do. If such are the compulsions of coalition politics, should we not...
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Pranab Mukherjee, Minister of Finance interviewed by Lola Nayar and Sebastian PT
Despite the high-theatrics rollback of the Railway Budget, the government is confident of being able to push ahead with the reforms agenda. Despite the high-theatrics rollback of the Railway Budget, the government is confident of being able to push ahead with the reforms agenda. In an e-mailed post-Budget interview, Union finance minister Pranab Mukherjee took questions from Outlook’s Lola Nayar and Sebastian P.T. Edited excerpts: The government has managed to get UPA...
More »Poverty falls, but inequality worsens-Anil Padmanabhan
There are two messages, one good, the other, bad, in the latest poverty numbers released by the government. The good news first. It is obvious that poverty has declined in aggregate terms, both in rural and urban India. At a national level, it has declined by 7.4 percentage points from 37.2% in 2004-05 to 29.8% in 2009-10; rural poverty, over the same period, has declined from 41.8% to 33.8%, and urban...
More »A solid sense of security by Manish Tewari
It’s not just the NCTC — we need to provide a statutory basis and oversight mechanisms for all our intelligence agencies The protest by eight chief ministers, characterising the Union government’s decision to give powers of search and arrest to the National Counter Terrorism Centre (NCTC ) under Section 43 (a) of the Unlawful Activities Prevention Act 1967 as an assault on federalism, comes in the wake of a “sticky bomb”...
More »Clean chit to PM, not PMO by Samanwaya Rautray
The uneasy head that wears the Prime Minister’s crown has been given a clean chit but not the bureaucrats. The Supreme Court today acknowledged that a Prime Minister could not be expected to look into “minute details” of every case placed before him but launched a blistering attack on officials of the PMO and the law ministry for failing to apprise Manmohan Singh of the gravity of the charges against A....
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