The Indo-Asean FTA provides an opportunity to be more engaged with the region This is an important week for Prime Minister Manmohan Singh. Over the weekend, at the Fourth East Asia Summit in Thailand, he will witness the final fruition of the second most important foreign policy initiative he took during his first term in office — the India-Asean Free Trade Agreement. This should ensure he will be in better...
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Rlys to tap NREGA for unviable projects by Mahendra Kumar Singh
The new railway tracks announced on social demand but which are economically unviable and may get delayed due to fund crunch may be funded through NREGA. Railways, which is facing a fund crunch and is struggling to check cost escalation, has also asked state governments to pitch in at least 50% of the project cost from their kitty by raising it through a cess or any other means. According to...
More »US companies bribed Indian ministry officials?
The UPA is in damage control mode over allegations that Indian officials took millions of dollars as bribes to help American companies secure government contracts. Five ministries are investigating specific charges of bribery against their officials, after the Indian ambassador to the US wrote a letter to the Centre. The Agriculture Ministry has asked the CBI to investigate allegations that US-based Dow Chemicals paid $ 200,000 to register 3 of...
More »The iniquitous perils of the free trade pact
This is a statement sent in by V.R. Krishna Iyer, a former Judge of the Supreme Court, who is based in Kochi: Some of the provisions of the Free Trade Agreement (FTA) that India recently signed with the Association of South East Asian Nations (ASEAN) will weaken India’s, and specifically Kerala’s, rubber sector because Malaysia and a few other countries that are a part of the ASEAN will flood the...
More »Cost of right to education: Rs 1.78 lakh crore
After the euphoria comes the real test. The cost of implementing the historic Right to Education Act over the next five years by Centre and states works out to a whopping Rs 1.78 lakh crore. The new law will come into force from the next academic year and since right to education is now a fundamental right, it is mandatory on the part of the government to provide what is demanded....
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