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G Srinivasan

  • Finance ministry cashes in on drop in global crude prices

    The NDA government has been granted a dramatic drop in the global crude prices. A heavily oil-importing country like India with import dependence of 80 per cent, the price of its crude oil basket (a mix of both sweet and sour crude) has plummeted from $102 in August last year to $43 a barrel. The...

    Tuesday, 20 January 2015 - 5:00am
  • Narendra Modi's transformation from a deal-breaker to a dealmaker

    India’s proposed subsidies on public procurement of grains and stockholding for distribution to the poor following the passage of the National Food Security Act by the former UPA government would stay unchallenged for the time being. This pro-poor welfare policy has also been embraced by the...

    Tuesday, 18 November 2014 - 5:00am
  • Modi makes his debut in a global gathering at G-20

    As leaders of the G-20 meet in Brisbane, the capital city of the picturesque and placid Queensland, Australia on November 15, India’s Prime Minister Narenda Modi makes his debut at the global gathering, rubbing shoulders with the high and the mighty. The two-day summit of world leaders is being...

    Wednesday, 5 November 2014 - 5:00am
  • Modi government should zero in on futile litigation

    Prime Minister Narendra Modi was not exaggerating when he wryly remarked from the rampart of the historic Red Fort on the country’s 68th Independence Day that he “saw many governments functioning within a government. One department is fighting the other”. Earlier reports have revealed that the...

    Wednesday, 20 August 2014 - 5:00am
  • New strategies urgently needed to reduce food prices

    With the prices of staple dietary items like onion, potato and tomato increasing by the day, common people across the country are hard put to afford these essential food items. Coming soon after the ascendancy of the BJP-led government at the centre, such a repeat price rise in food articles (...

    Wednesday, 25 June 2014 - 6:00am
  • BJP's primary task is to shore up moribund economy

    After a decade of political wilderness, the return of the Bharatiya Janata Party (BJP) at the Centre has injected fresh impetus into the development momentum, the loss of which was the prime reason for the electoral rout of the UPA. Despite the dream team of core reformers headed by the noted...

    Wednesday, 28 May 2014 - 6:00am
  • Left’s manifesto shows it’s still stuck in Jurassic Age

    The manifesto of the Communist Party of India (Marxist) was on predictable lines with its pronounced anti-capitalist tirades. Across the country the Right, the Centre and Left parties had shed the anti-capitalism baggage on the valid contention that a passion for higher growth can be justified on...

    Monday, 7 April 2014 - 6:00am
  • Interim rail budget: A farcical exercise in face-saving

    The ‘vote-on-account’ statement, a precursor to the full-fledged Railway Budget for next fiscal, presented to Parliament on February 12 by the Union Railway Minister Mallikarjun Kharge was a toast to the performance of this arterial mode of transport. However, it failed to reflect the Railways’...

    Friday, 14 February 2014 - 6:00am
  • As polls draw closer, parties must mind their onions!

    That the price of onion, a staple ingredient for the aam aadmi, has soared to the stratosphere across the country is now widely felt. Whether the price rise has been engineered by traders or some political parties in the western belt, or because of a shortfall in domestic production is immaterial...

    Thursday, 26 September 2013 - 7:15am
  • Twin disasters of a gold harvest: fiscal and current account deficits

    To lure people away from gold, the government needs to create a wide range of investment options.

    Wednesday, 11 September 2013 - 8:46am