-The Indian Express The subsidy Bill in the current financial year is expected to rise to 2.4 per cent of the GDP from 1.9 per cent estimated in the Budget, Finance Minister P Chidambaram said today. "The estimated major subsidies in 2012-13 would be around 2.4 per cent of GDP," he said while intervening in a discussion at the meeting of the Full Planning Commission to approve the 12th Plan draft document. The...
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NAC panel drafts pre-legislative process-Anuja
-Live Mint The Sonia Gandhi -led National Advisory Council (NAC) may be moving closer to formulating a pre-legislative process that will involve a thorough, time-bound discussion of Bills before they become law. “The need for such a policy of consultation is necessary to evolve from a representative democracy to a participatory, deliberative democracy, particularly for accountability to the people in the formulation of law and policy,” said the draft recommendation of NAC’s working...
More »The real questions from Kudankulam -Rahul Siddharthan
-The Hindu In an atmosphere of mistrust of the government, only an independent safety regulatory mechanism can counter the scaremongering against civilian nuclear power I work at an institution funded by the Department of Atomic Energy (which, however, does no nuclear research: the DAE funds a wide variety of institutions and areas in science). About a year ago, I had an e-mail from a journalist who wondered why scientists (including colleagues at...
More »Govt allows FDI in multi-brand retail, aviation
-Reuters India opened its supermarket sector to foreign chains on Friday after months of dithering, pushing ahead with the boldest reforms yet in Prime Minister Manmohan Singh's government as it tries to revive the country's tottering economic growth. The government has decided to allow foreign airlines to buy stakes of up to 49 per cent in local carriers, heavy industries minister Praful Patel said on Friday, in a much-awaited policy move that...
More »Bill for land gives true value -Mihir Shah
-The Hindu The draft law on acquisition strikes a balance between development and justice for those who will be displaced in the process India is a rapidly industrialising economy and society with intense demands for better infrastructure from its people. The last 20 years have seen a great acceleration in this process, with India becoming one of the world’s fastest growing economies. However, for those whose lands were acquired for these purposes...
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