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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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A case for universal pension -Jayati Ghosh

-Frontline In a situation of increasing life expectancy and crumbling traditional support structures, a universal social pension scheme that does not rely on contribution by a person or an employer can help the elderly. INDIA prides itself on being a "young" society, likely to benefit from a demographic dividend as children and young people move into working age groups over the next decade. This optimistic view assumes that society will be able...

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SC judgment on Kudankulam safety violated: Petition

-The Times of India NEW DELHI: The Supreme Court on Monday sought responses of the Centre, Atomic Energy Regulatory Body (AERB) and Nuclear Power Corporation of India Ltd (NPCIL) on a petition alleging that the regulatory body gave clearance to Kudankulam nuclear power plant ignoring the court-asserted safety aspects of the plant. A bench of Justices K S Radhakrishnan and A K Sikri issued notices to the respondents on an appeal filed...

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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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UPA's New Year gift - Sreelatha Menon

-The Business Standard NGOs have been asked to run MGNREGS in the country's 184 most backward blocks Will handing over the management of the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) to non-governmental organisations (NGOs) ensure the scheme works? The rural development ministry seems to think so, at least in Naxal-hit areas. Under the Mahatma Gandhi National Rural Employment Guarantee Act, NGOs are allowed to run the scheme, provided gram panchayats run...

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