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The truth of India’s position at Bali

-Live Mint The national food security law is in trouble from an unlikely source The outcome of the World Trade Organization (WTO) summit at Bali has been projected as a great victory for the Indian government by its spokespersons. Nothing could be farther from the truth. In exchange for a temporary reprieve on its food support programme, India has bartered away the bargaining chip of trade facilitation, which Western negotiators demanded. The...

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The focus is now on the fiscal deficit -Renu Kohli

-Live Mint The big question is whether commitment made by Chidambaram-to contain fiscal deficit at 4.8% of GDP-will be met With the current account deficit in check, the spotlight is now on the second major macroeconomic problem that needs to be fixed: the fiscal deficit. The big question is whether commitment made by finance minister P. Chidambaram in the budget-to contain the fiscal deficit at 4.8% of gross domestic product (GDP)-will be...

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NGO showcases Gujarat’s ‘other story’

-The Telegraph Kolkata: An NGO set up in response to the 2002 carnage in Gujarat has decided to carry out awareness programmes across the country in the run-up to the 2014 Lok Sabha Elections to highlight the potential pitfalls of Narendra Modi becoming Prime Minister. "A dream of development is being shown to the people of India.... But that is not the reality. There is another side to the story of Gujarat,...

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How NOTA worked in the assembly Elections- Karthik Shashidhar

-Live Mint Data indicates that in the presence of a credible alternative, people are unlikely to choose NOTA The recently held assembly Elections in Chhattisgarh, Delhi, Madhya Pradesh and Rajasthan were the first where voters had the option to reject all candidates by voting for "none of the above" (NOTA). The option, however was simply hypothetical-votes marked to "none of the above" would simply be ignored while deciding the winner, and...

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Govt will not compromise on fiscal discipline: Chidambaram

-PTI Allaying fears of a spurt in public expenditure ahead of Lok Sabha polls, finance minister P Chidambaram on Wednesday said government will not compromise on fiscal discipline, notwithstanding the defeat of Congress in four states, including Delhi and Rajasthan. Inaugurating the Delhi Economic Conclave, Chidambaram blamed the states for "inaction" to check hoarding and said the incumbent government pays a price for high inflation. "The agenda, therefore, will be obvious. At the...

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