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‘Perfect storm’ that shook

-The Telegraph The enormity of the real challenge before Manmohan Singh is far higher than that posed by Mamata Banerjee. A “perfect storm” is gathering around the economy, according to a Centre-commissioned report packed with suggestions for a series of tough measures that will affect daily life and test the government’s resolve to wade further into unpalatable waters. The report presented by the Vijay Kelkar panel, which was asked to suggest a road...

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Supreme Court gives UPA respite on sale of resources

-The Hindustan Times The UPA government, staging a comeback through economic reforms after months of being on the back foot, got another boost after the Supreme Court said that auction was not the only method allowed in allocating natural resources. Prime Minister Manmohan Singh's government has been rocked by criticism that it handed out telecom spectrum and coal fields at an alleged loss of Rs. 3.6 lakh crore to private players instead of...

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Gadkari issues legal notice to IAC activist

-The Hindustan Times BJP president Nitin Gadkari on Thursday sent a legal notice to India Against Corruption (IAC) activist  Anjali Damania, for alleging he had tried to cover up the irrigation scam in Maharashtra when she approached him. Gadkari has demanded an apology from her. The IAC, however, defended Daminia with Arvind Kejriwal posing four questions to Gadkari over his alleged proximity to NCP chief and union agriculture minister Sharad Pawar. In his...

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Mamata makes song and dance about FDI with intellectual brigade

-The Hindustan Tiimes After Nandigram and Assembly polls, Mamata Banerjee once again summoned her intellectual brigade, this time to drum up a protest platform against FDI in retail and other issues, the reason for which she withdrew support from the UPA government. From singers, Tollywood actors and playwrights, pro-Mamata intellectuals showcased the protest with not only strong rhetoric but songs and recitals at Metro Channel in Esplanade. The programme under the...

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A claim to shame -Sitaram Yechury

-The Hindustan Times In response to the widespread protests and the nation-wide hartal last Thursday, Prime Minister Manmohan Singh addressed the nation on Friday and tried to explain why these decisions had become inevitable. The thrust of his argument was, “We need a revival in investor confidence, domestically and globally.” For this, the current high fiscal deficit must be contained and, hence, the hike in the prices of diesel and cap on...

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