The first decade of the 21st century is about to end. It is difficult to encompass a decade's major trends and developments in a short essay. However, it would be instructive to recall a few of them. Globally, the decade began with the breakdown of trust in corporate governance. Corporate scandals and acts of malfeasance that may have been kept hidden from public gaze in all the previous decades came tumbling out of the cupboard as the first decade of the 21st century began.
The ministry of petroleum and natural gas would be issuing instructions for fresh gas allocation from D6 this week.
Going by available indications from North Block, Mr Mukherjee may like to do a Chidambaram when he presents the Revised Estimates on February 27, 2010
Only strategic sales can serve the purpose of disinvestment, by freeing PSUs from govt control.
The oil and gas industry regulator has never been far from controversy during his five-year tenure.
In an interview with Mihir Mishra and Jyoti Mukul, Nath, who as the commerce and industry minister in the previous United Progressive Alliance government was part of the fire-fighting to minimise impact of the slowdown, says that the current year will be better than the last year.
The department had earlier also examined the option of a direct equity sale but opted for a PPP model because it offered revenue sharing opportunities, fertiliser secretary Atul Chaturvedi said. Chaturvedi explained that whereas the outright sale of equity will mean the government will have to wait for the plants to make profits to get a share of revenue, the PPP mode will help it do so in the first year.
Indian government officials declined to comment on whether India had fallen in line with the US prescription, which was likely to be made part of the G-20 declaration at the end of the Summit that began in Pittsburgh on Friday.
Will the secondary school system be able to produce teachers competent to carry out and monitor the new assessment system? asks A K Bhattacharya.
Permission for dual listing would require full capital account convertibility and therefore changes in regulations under the Foreign Exchange Management Act.
A relevant question that needs to be answered is what actually triggered the Manmohan Singh government's austerity move?
Are we then seeing a new phase of dynastic politics in the Congress? Yes, sons and daughters will get a preferred treatment in the political party of their parents. But that preferred treatment will not guarantee succession immediately after the parent disappears from the scene. Instead, sons and daughters will have to learn to wait and go through a period of political apprenticeship before becoming ready to take on leadership roles.
Meeting will confine discussion to processes involved in building consensus among members.
India will be pushing for greater capitalisation of the World Bank at the meeting of G20 finance ministers in London next month. The meeting will precede the Pittsburgh meeting of G20 head of states scheduled later in September.
Besides doubts relating to round tripping of investments through Mauritius, the proposal was earlier rejected on the ground that there were no details about the offshore entity.
Bureaucrats taking up private jobs is another kind of Public Private Partnership, one that needs careful handling.
Work on disinvesting government holdings may gather pace after the first week of August. Administrative ministries of around 15 Public Sector Undertakings have been asked to give feedback on the feasibility of coming out with initial public offers by then.
The high deficit was bad enough, Parliament's standing committees won't be scrutinising budget proposals either.
India has managed to create ripples in the global commodities market with countries like the US and China set to follow its benchmark price for potash, a fertiliser widely used in the country. Breaking a well-entrenched global cartel, government-owned Indian Potash Ltd has managed to negotiate a potash deal with Russian company Silvinit at $460 a tonne
It is clear that the final phase of Sreedharan's career may have to pay a lot more attention to undoing the damage caused by the accident that took place on his 77th birthday.
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