-NDTV The Kelkar committee has said subsidies pose the greatest risk to the country's fiscal situation, while suggesting that the excise and service tax rates should be cut to 8% over the next few years. The panel calls for the need to step up disinvestment drive in state-run firms for fiscal consolidation. It says diesel should be deregulated by 2014 and all subsidy on cooking gas be cut by 2015. All subsidies must be...
More »SEARCH RESULT
Total Matching Records found : 5845
‘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...
More »Kudankulam nuclear plant can be shut if found unsafe: Supreme Court -Dhananjay Mahapatra
-The Times of India The Centre on Thursday asserted that the Kudankulam Nuclear Power Plant was safe enough to withstand a Fukushima-type disaster but the Supreme Court said it would not hesitate to stop the project irrespective of the amount of money spent on it if the installation was found wanting in safety aspects. During the hearing on a petition filed by G Sundarrajan alleging that 17 safety recommendations by the Centre's...
More »Ministers' group defers decision on Land Acquisition Bill
-PTI The Group of Ministers, formed to examine certain provisions of the controversial Land Acquisition Bill, has deferred its decisions on the legislation today. "We will decide next time. This week, I am going to Vietnam and I will be back on October 4. After that, we will meet. Three members gave their views. No decision happened today," Agriculture Minister and GoM Chairman Sharad Pawar told reporters after the meeting. The government had...
More »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...
More »
