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Growth is not a victim of the UPA, it is the other way round -Maitreesh Ghatak and Parikshit Ghosh

-The Hindustan Times If the opinion polls are to be believed, the UPA is facing a rout in the coming Lok Sabha elections. One explanation, popular in the media, goes something like this: The UPA faces voter wrath because it destroyed growth. The economy has paid a price for bad governance and expensive welfare schemes. If you look at data for the last two years, this view will find some support....

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Environment ministry wants independent regulator to assess projects -Neha Sethi

-Live Mint Move comes in response to direction from Court asking government to create an environment regulator New Delhi: The environment ministry has recommended the creation of an independent regulator that will evaluate projects seeking environment clearances. The approval itself will be granted by the ministry. The ministry's move comes in response to a direction from the Supreme Court on 6 January asking the government to create an environment regulator at the national...

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Vote-on-account not to disappoint on fiscal deficit-Vrishti Beniwal

-The Business Standard Chidambaram may announce higher fund allocation for the social sector, with focus on education, food, women and rural masses In his last Budget speech as finance minister in the UPA-II government, P Chidambaram will have a lot to say on Monday but much of it is likely to be high on intent and low on content. Ahead of the Lok Sabha elections, interim Budget 2014-15 is likely to be...

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The focus is now on the fiscal deficit -Renu Kohli

-Live Mint The big question is whether commitment made by Chidambaram-to contain fiscal deficit at 4.8% of GDP-will be met With the current account deficit in check, the spotlight is now on the second major macroeconomic problem that needs to be fixed: the fiscal deficit. The big question is whether commitment made by finance minister P. Chidambaram in the budget-to contain the fiscal deficit at 4.8% of gross domestic product (GDP)-will be...

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Govt's ambitious broadband internet plan misses deadline-Sounak Mitra

-The Business Standard The National Optic Fibre Network project aims to connect 2.5 lakh gram panchayats across the country with optical fibre The government is likely to miss the deadline for its dream project - National Optic Fibre Network (NOFN) to connect 2.5 lakh gram panchayats across the country with optical fibre for offering 100 megabit per second (mbps) broadband services. The much-talked-about NOFN project, which was initiated in 2011 with the approval...

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