-PTI Planning Commission deputy chairman Montek Singh Ahluwalia on Sunday conceded that he went wrong while projecting moderation in inflation which remains near the double-digit mark. "It is true that we were hoping that this (moderation in inflation) will happen earlier, to that extent our credibility becomes a question," he told in a interview for CNN-IBN's TV programme 'Devil's Advocate' when asked why government's repeated projections on inflation proved false. "You should recognise...

-The Economic Times   What should be the agenda for national renewal? Should we discuss what should be done in individual sectors like agriculture, infrastructure, energy, etc., and plead before the rulers of modern democracy to accept some of our suggestions or should we focus on the decision-making processes itself, which exist in governance today? Who takes decisions in our 'democracy'? Who influences these decisions? Are these processes really democratic? Is lack of...

Indian suppliers must be units with investment up to Rs 1.25 cr, says draft before cabinet. Multinational retailers such as Walmart, Tesco and Carrefour looking to open stores in the country may have to source almost a third of their merchandise from small Indian manufacturers as the government tries to make the opening of multi-brand retail to foreign players more politically palatable. The draft cabinet note for permitting 51 per cent foreign...

-The Telegraph Assam has managed to secure an exclusive meeting with the Planning Commission wherein it would make a strong case for a state-specific development strategy. Chief minister Tarun Gogoi revealed this here today during an interaction with reporters. He said Prime Minister Manmohan Singh had assured him of arranging a full-fledged meeting with the plan panel during his meeting with the former in Delhi early this week. According to a senior official of...

How do you quantify happiness in a diverse nation like ours? Growth levels, value-based structural changes, what can affect it? Life is Elsewhere?     Bhutan’s GNH: Based on the Buddhist doctrine of harmony with environment and fellow beings besides material comfort     UNDP Human Development Report: Ranks nations on quality of life—adjusted real income, life expectancy, education etc     World Values Survey: Started in 1995, it explores impact of social and political changes...