-The Telegraph The National Highways Authority of India has accused the Planning Commission of "inconsistencies in stand", saying they are creating confusion and delaying decisions on its projects. NHAI chairperson R.P. Singh has quoted instances - in a letter to commission member B.K. Chaturvedi - where the Planning Commission had taken a diametrically opposite stand from its earlier position that investors should be allowed to exit from finished projects rather than wait...
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An opportunity missed-CP Chandrasekhar
-The Hindu “The purpose of a Budget – and the job of a Finance Minister,” P. Chidambaram declared in his speech, “is to create the economic space and find the resources to achieve the socio economic objectives.” Now that the presentation of and the spate of initial responses to the budget are behind us, it may be appropriate to ask how far the Minister went in accomplishing his self-defined task. Mr. Chidambaram...
More »Workers at Maruti, Hero, Suzuki to Go on Strike on Feb 21
-Outlook Production at leading automobile companies in the Gurgaon-Manesar belt, including Maruti Suzuki, Hero MotoCorp and Suzuki Motorcycle India, will be hit tomorrow as workers have decided to stay away from work in support of the two-day strike called by central trade unions than began today. "We had a meeting with representatives of different unions in the region and we have agreed to go on a one-day strike tomorrow in support of...
More »Bye bye rural development Chidambaram doesn't have money-Neeraj Thakur
-DNA Crashing economy, lower revenue generation and less then expected tax collection will show its impact on the upcoming budget. The biggest loser is going to be the rural development ministry, which is likely to see a decline in central assistance for its welfare schemes. Rural development has been the top priority of the UPA-2. However, grim economic growth has forced finance minister P Chidambaram to cut the budget of the...
More »Economy to top Parliament agenda: FM
-The Indian Express Ahead of the Winter Session, Finance Minister P Chidambaram on Friday said the government is reaching out to political parties to seek their support for passage of important economic bills. "The Parliament session has a very heavy legislative agenda. We are reaching out to the various political parties to carry through these agenda in the four weeks that we have for the session", he said addressing a press conference...
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