While all political parties have been talking about following in the footsteps of the debutant Aam Admi Party by fielding fresh faces in the coming Lok Sabha polls, Bihar Chief Minister and Janata Dal-U leader Nitish Kumar has set the ball rolling by deciding not to renominate his party's three sitting MPs in the coming biennial elections to the Rajya Sabha scheduled for February 7. Anita Katyal reports.
The Congress strategy is to reach out to the rural poor as BJP's prime ministerial candidate Narendra Modi has successfully displaced Prime Minister Manmohan Singh as the middle class hero. Anita Katyal reports
It is hoped that the decision of India's apex court will send a signal to politicians and their cronies from the world of business that the rule of the law does eventually prevail, says Paranjoy Guha Thakurta.
The fragmentation of politics and the pressures of coalition management have contributed to a near-secular rise in budgetary social expenditures and spending on subsidies since 1991, leaving little fiscal space for government-led capital investment.
Citing rising prices, slowdown in growth and depreciation of rupee among the problems facing the economy, the opposition members said in the Lok Sabha that they feared the repeat of the 1991 crisis when the country had to mortgage gold as it failed to meet short-term debt obligations.
Today when we see the man behaving in a controlled, almost genteel fashion, creating a government with Prussian efficiency, colonising Delhi with a strange silence of expectation, one must ask is this Modi? Or is Modi all the trails he has left behind?'
One may fault this government for incompetence, corruption, and delayed action but it cannot be faulted for lacking a vision.
'The difference between black money in India and the black money out of India is, in India, it is tax evaded money and Indian money outside India is not only tax evaded money, but money which has been taken out of India's capital resources needed for India. So it is not only tax evasion, but treason too.'
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