Now that the advance estimates of national income for 2011-12 are out and greater clarity has emerged on the nature and extent of the current economic slowdown, it is important to demolish the myth that a section within the finance ministry is trying to propagate in its bid to explain away the dismal state of government finances. The myth is that the marked slippage in fiscal deficit this year is largely
The first non-Congress government in India after Independence was formed in 1977. Technically, it was single-party rule with the Janata Party at the helm. But the Janata Party was actually a
It is customary at this time of the year to look back and assess how the year set to end in a few days went by. For the government’s economic policy makers, one word should describe 2011
Bahujan Samaj Party supremo Mayawati is all set to complete her first five-year tenure as chief minister of Uttar Pradesh, India’s largest state by population. This is significant in itself.
The Union government appears to have got into a panic about its disinvestment programme. Against a Budget target of raising Rs 40,000 crore through sale of its equity in public sector enterprises
How peripatetic are ministers in the United Progressive Alliance (UPA) government? Recent reports suggest that many of them travel extensively. Not just within the country, but abroad as well.
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