Modi's micro initiatives for the farm sector are quite an eye opener -
Tuhin A Sinha, CNN IBN
The oft-talked about Gujarat development model is something that has caught the fancy of the entire nation. What I found particularly impressive was the concept of Krishi Mahotsav where every summer government officials virtually spend a whole month on the field with the farmers, helping them update to newer technology and increase their farm productivity. Last month, I decided to witness this phenomenon first hand and got in touch with Narendra Modi's office. |
Good monsoon may not be good for the farmer -
Nidhi Nath Srinivas, ET
A good monsoon will bring some cheer to consumers, companies and the equity market. But bullish headlines will conceal the downside: this could be a dismal season for profitable farming. A farmer has one objective: maximise returns from his piece of land. As the cost of inputs, labour, machinery and fuel rises, he needs more cash to cultivate and market his harvest. As the cost of living rises, he needs more cash to meet household expenses. High commodity prices bridge this gap and leave alittle extra in the bank. |
Heavy shower of reforms to drench FDI regime -
Deepshikha Sikarwar, ET
A government panel has recommended a dramatic liberalisation of India's foreign direct investment regime, including raising the FDI limit to 74% in multi-brand retail and allowing complete foreign ownership of telecom and aviation companies. |
S&P lawsuit: Poor standards, moody ratings -
Matthias Efing & Harald Hau, FE
In response to the civil lawsuit filed by the US Department of Justice in February 2013, Standard & Poor’s affirms that its ratings were “objective, independent and uninfluenced by conflicts of interest”. This column presents empirical evidence opposing this claim. The data suggests a systematic rating bias in favour of the agencies’ largest issuer clients. |
PM & FM chart out 8-week revival plan -
Pranab Dhal Samanta, Financial Express
Just days before the Cabinet reshuffle, Prime Minister Manmohan Singh along with finance minister P Chidambaram cleared an eight-week road map with over a dozen action points to give another booster dose to the economy. |
Solving India’s coal conundrum -
Pranjul Bhandari & Rohit Lamba, Mint
If reviving economic growth is a priority, then fixing the power sector—specifically the production and pricing of coal—deserves immediate attention. There is nothing clandestine about the political economy of coal to anyone who has been following news. |
Modi takes on plan panel -
Mahendra Singh, Times of India
Ahead of the 2014 general elections in which BJP is set to pitch the "Gujarat model" as a major theme, chief minister Narendra Modi took on the Planning Commission for seeking to knock the state on its social sector record. Modi criticized the UPA government for adopting a "big brother" attitude towards states while referring to Centre's repeated efforts to set up National Counter Terror Centre (NCTC) at a Planning Commission meeting that finalized a plan size of Rs 59,000 crore for 2013-14 for the state, 15.7% higher than the plan for the last fiscal.
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Rupee follows global slide, hits all-time low against dollar -
Times of India
The rupee weakened 90 paise against the dollar to close at a record low of 58.77 on Tuesday, moving in tandem with a slide in the value of most emerging market currencies, with the domestic currency and the Russian rouble leading the fall. |
Register for ground reality -
Sanjoy Chakravorty, Indian Express
Earlier this month, the UPA cabinet approved for introduction in Parliament several amendments to the Registration Act, 1908, which governs the registration and documentation of property transactions. Most citizens encounter its provisions when they buy or sell land or housing. |
'RIL reducing gas production in KG Basin' -
Pioneer
CPI leader Gurudas Dasgupta has fired a fresh salvo against Petroleum Minister Veerappa Moily and Reliance Industries Limited (RIL) chief Mukesh Ambani for allegedly reducing the production of natural gas from the KG Basin. |
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