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Even before swearing-in, government pushing forward with continuing halted flagship scheme -Adam Halliday

-The Indian Express Aizawl: With the Congress set to form a government for the second consecutive term, the Mizoram government is wasting no time in continuing it's flagship beneficiary scheme beginning with a high-level meeting on Friday to decide on land-use conversion and teams scheduled to visit sites earmarked for infrastructure projects. The NLUP implementing board is scheduled to have a meeting headed by Chief Secretary on Friday, a day before state...

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India has highest inflation rate in Asia

-The Times of India NEW DELHI: The Indian economy, Asia's third-largest, faces a difficult situation where growth has slowed to a decade low but price pressures have remained stubborn. It has one of the highest inflation rates in the world, and the highest in Asia. Weak growth and high inflation also complicated the policy choice for the central bank. Separate data released by the Central Statistics Office showed industrial output slumped 1.8%...

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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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Legislation alone cannot suffice to deal with problem of hunger -Biraj Patnaik

-The Hindustan Times The passage of the National Food Security Act (NFSA) made 2013 a landmark year for the right to food in India. It was a small but significant step in the battle against hunger. If the year was witness to the emergence of a political consensus, nationally, on the right to food, the next year will need to be characterised more by action and not just intent. The principal challenge in...

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Victory for India, food security programme intact in Bali deal

-The Hindustan Times As a teary-eyed World Trade Organisation (WTO) director-general Roberto Azevedo hailed the landmark trade deal at Bali, Indonesia, on Saturday after five days of gruelling negotiations, it was India, led by commerce minister Anand Sharma, who won plaudits for successfully piloting the grand-bargain for drawing up a permanent solution to food subsidies. The deal also makes it mandatory for member countries - as part of a trade facilitation agreement...

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