The NAC lies defanged; the markets leap for joy at Manmohan’s & Co’s charge of a ‘new’ economy How swiftly things change. Just a month ago, the great Indian growth story was being written off. Now, the “new economy”, run by the PM-cum-FM, will sift through the rubble of under-seven per cent growth, find the hidden springs of recovery and throw in some reforms for good measure. A top taxman says...
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No One Killed Agriculture
-Inclusion.in There is good news. And there’s bad news. The good news first. There’s been a bumper wheat crop and the granaries are overflowing. And the bad news? Where do we begin? A lot of that grain will rot. Millions will still remain hungry. Heavily in debt and distressed, farmers are committing suicide. Food prices are soaring. There’s more… Farmers don’t have money. Their land is too small and isn’t yielding much. Fertilisers and...
More »After rigorous self-appraisal, CAG sticks to its guns on 2G-Shalini Singh
-The Hindu The CAG, after completing this month a detailed ‘internal appraisal’ of two of its most high-profile reports, has not just stood by its findings “regardless of media comments and the statements made by senior functionaries of the government,” but also substantiated them, citing additional crucial events. The internal assessment has been done on its reports on the 2G spectrum scam of November 2010 and Civil Aviation (Air India) of September...
More »KV Thomas, Union Food and Consumer Affairs Minister interviewed by Rituraj Tiwari
-The Economic Times Union Food and Consumer Affairs Minister KV Thomas is worried about the climbing food inflation. But international demand-supply situation and rising crude prices make it tough to rein it in, says the minister in an interview with ET. Excerpts: There's a fear of below normal monsoon this year. But we have opened up our farm exports including key commodities like sugar, wheat and rice. We have ample stocks of foodgrain...
More »India rethinks frequent ban on export of foodgrain, other farm commodities-Amiti Sen
-The Economic Times India's frequent ban on export of foodgrains and other farm commodities may soon become a thing of past as the commerce department is working on a policy to allow traders meet their exports obligations even in times of domestic shortages through imports. The move will help India restore some global credibility as it has often faced flak for its banning spree. "Once we are ready with the proposal, it will...
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