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Singh’s Homespun Plea for Liberalizing India -Chandrahas Choudhury

-Bloomberg It wasn't the Gettsyburg Address -- unless it's poker faces we're comparing. Future historians aren't going to be parsing Prime Minister Manmohan Singh's speech for hidden meanings, and rhetoricians won't be delighting in the majesty of its style and the compression of its effects. It inflamed no passions, as did Mitt Romney's words about the "47 percent," and asserted no big idea or thesis, unless there was one contained in the...

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Oil PSUs: Decoding the math of loss or under-recovery and what it means-Avinash Celestine

-The Economic Times How right was the government when it stated that the under-recoveries posed a threat to 'our national economy'? Or when the government says that it gave more to the sector in the form of subsidies than it earned as fuel taxes? The government would also like you to believe that the under-recoveries, dependent as they are on the price of crude in the international market, and the exchange...

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One-third of world population 'now online'

-Al Jazeera New report from UN's telecommunications agency breaks down international internet usage statistics. About one-third of the world's population now has access to the internet, but more needs to be done in order to achieve internet penetration targets as set out in the Millennium Development Goals, the International Telecommunications Union has said in a new report. Currently, 20.5 per cent of households in developing countries have access to the internet, which the...

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Feel-good bills in offing to make up for harsh steps

-The Hindustan Times In the face of public outrage over a series of unpopular fiscal steps such as hike in diesel prices and cap on LPG, the government plans to come out with two feel-good initiatives — the food security bill and health cover for all. The UPA’s flagship National Food Security Bill would give 67% of the population (nearly 800 million people) a legal right to foodgrains at less than half the...

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Crunching numbers to soften Coalgate -Shalini Singh

-The Hindu The CAG has a lot of explaining to do on the methods used to reduce the loss it estimated in its draft report Comptroller & Auditor General Vinod Rai, who has maintained a dignified silence despite being in the government’s line of fire for his controversial report on coal, now has no choice but to break his silence. On Thursday, he appears before the Public Accounts Committee (PAC) where he is...

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