-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...
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Food, the new crisis-CP Chandrasekhar
-Frontline A recession-hit world is only just waking up to the prospect of the coming food crisis resulting in a period of political turmoil with unexpected consequences. For the third time in five years, the world is braced for another food crisis. Bad weather conditions are leading to projections of major production shortfalls in some of the world’s leading food suppliers. Substantially reduced access and sharp price increases are, therefore, expected to...
More »4,800 acre government land leased to DIAL at Rs 100 per annum
-The Times of India The Comptroller and Auditor General of India has questioned giving Indira Gandhi International Airport land totaling 4,800 acres to Delhi International Airport Pvt Ltd (DIAL) — the government's joint venture with the Hyderabad-based GMR Group — on a lease rent of Rs 100 per annum, apart from a one-time fee of Rs 6.19 crore for 190.19 acres. Of this land, 240 acres worth Rs 24,000 crore would...
More »'Demonetisation of Notes Won't Help Curb Black Money'
-PTI Demonetisation of high denomination Currency notes like Rs 1,000 and Rs 500 may not help curb black money which is largely held in the form of benami properties, bullion and jewellery, a Finance Ministry report says. "One common demand from the public is that high denomination Currency notes, particularly Rs 1,000 and Rs 500, should be demonetised", says a committee headed by the CBDT chairman in its report to the Finance...
More »Plagiarism fells journalist Delhi banked on-KP Nayar
-The Telegraph Fareed Zakaria, long thought of by New Delhi’s leadership as the first American secretary of state of Indian origin in the future, fell from grace yesterday when Time suspended his column in the weekly magazine for plagiarism. CNN, where Zakaria is a star Sunday morning international affairs television host, followed suit with a statement that he wrote a blog post on CNN.com “which included similar unattributed excerpts. That blog post...
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