-Bloomberg It wasn't the Gettsyburg Address -- unless it's poker faces we're comparing. Future historians aren't going to be parsing Prime Minister Manmohan Singh's speech for hidden meanings, and rhetoricians won't be delighting in the majesty of its style and the compression of its effects. It inflamed no passions, as did Mitt Romney's words about the "47 percent," and asserted no big idea or thesis, unless there was one contained in the...
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Punjab: Politicians, Farmers Divided Over FDI Issue
-Outlook Amid furore over FDI in multi-brand retail, the politicians and farmers in the leading agrarian state of Punjab are speaking in different voices over the issue. While Chief Minister Parkash Singh Badal said the concept may be successful in developed countries like USA, he feared that it may not work in this country. "If the FDI comes, big players will eat into the share of small traders and that will be against...
More »Oil PSUs: Decoding the math of loss or under-recovery and what it means-Avinash Celestine
-The Economic Times How right was the government when it stated that the under-recoveries posed a threat to 'our national economy'? Or when the government says that it gave more to the sector in the form of subsidies than it earned as fuel taxes? The government would also like you to believe that the under-recoveries, dependent as they are on the price of crude in the international market, and the exchange...
More »Simple & cheap solution to India's grave water crisis: Waste water recycling-Sanjay Vijayakumar
-The Economic Times Where will India get its water from in the coming years? The water challenge is already grave and could get graver. By 2050, for instance, it is estimated that demand would go up to 1,180 million cubic metres, 1.65 times the current levels, a situation that would be made worse by fast dwindling fresh water resources. That's why desalination — removing salt from seawater to make fresh water —...
More »Continuing onslaught on the CAG -Ramaswamy R Iyer
-The Hindu The work of India’s supreme auditor cannot be put through an audit unless the institution itself initiates one The relentless campaign against the Comptroller and Auditor-General, of an unprecedented ferocity, compels me to write again on the subject. First, has the CAG caused a political and constitutional crisis, as some have argued? All that the CAG does is to submit audit reports. Any audit report, if it is a good report,...
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