-The Hindu By allowing futures trade in food and diversion of farm land for commercial purposes, the UPA government is fuelling the price rise International agencies are warning of high food prices on a global scale in 2013 if urgent action is not taken. But our government shows little concern. The President’s address to Parliament had only a cursory mention of inflation. “Inflation is easing gradually, but is still a problem,” he...
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Sibal takes on judges, says let the court allocate spectrum, explain its orders -Maneesh Chhibber
-The Indian Express On a day when the UPA government’s renewed effort to attract bids from telecom Companies for the ensuing auction of 1,800 Mhz and 900 Mhz spectrum drew a blank, Union Minister for Communications and Information Technology Kapil Sibal said that “if the court were to take upon itself the responsibility of allocating spectrum in the public interest, in whichever manner it deems fit, it may serve us better”. With...
More »A cylinder for a rupee plea
-The Telegraph The Supreme Court will on Monday examine a PIL seeking distribution of LPG to the common man at less than Re 1 per cylinder, on a par with the rate at which it is being supplied to industrial houses. In other words, the petitioner wants 12 cylinders, the average consumption of a four-member family, for Rs 12. The PIL filed by advocate Manohar Lal Sharma alleged the Centre’s claim that...
More »Use Less Power If You Can't Afford Hiked Rates: Dikshit
-Outlook People should cut use of power if they cannot afford high electricity tariff, Delhi Chief Minister Sheila Dikshit said today, a prescription that evoked criticism. Under attack for the hike in power tariff, Dikshit also sought to justify it, saying the increase in cost of power production has led to the rise in electricity rates. Stating that the consumers will have to pay if they want round-the-clock electricity supply, Dikshit went on...
More »The Guv keeps the bar high -KT Jagannathan
-The Hindu It took nearly three years for the Reserve Bank of India (RBI) to give a final shape to the government’s decision to let more players in the private sector banking field. That by itself offers a clue to the divide in thinking between the fiscal and monetary managers of the Indian economy. When it did come out with guidelines for “Licensing of New Banks in the Private Sector”, the...
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