[PDF] 12 Feb 2015

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News Bits - 12 Feb 2015

   

1. Calling the India-U.S. nuclear agreement a “breakthrough” is premature, says Russia’s Ambassador to India Alexander Kadakin.
2. Govt. putting on hold decisions on urea, LPG cylinders and kerosene.
3. Pak. to release 173 Indian prisoners on Feb. 16.
4. Petroleum Minister Dharmendra Pradhan, called for early finalisation of the consortium leader for expeditious implementation of the 1,800-km Turkmenistan-Afghanistan-Pakistan-India (TAPI) natural gas pipeline project in limbo for almost a decade.

[Ed] Addressing small industry’s finance drought

Companies coming together as self help groups can overcome difficulties in credit servicing and availability
The government recently released the results of a national innovation survey based on a sample of 9001 firms, mainly micro, small and medium enterprises (MSMEs) from different sectors spread across 26 States and five Union Territories.

[Ed] What figures hide

The primary purpose of statistics relating to growth or inflation is to provide insights into the state of the economy that are useful to the policymaker as well as the lay public. Such information should also conform to reality, based on broad perception as well as other data sources. The Central Statistical Office’s (CSO’s) estimates of GDP growth, based on a revised computation methodology, fail the reliability test on all counts. The 7.4 per cent projection for 2014-15 is difficult to

[Ed] For cooperative federalism

The views expressed by Chief Ministers at the maiden meeting of NITI Aayog’s Governing Council last weekend, demanding greater freedom to frame their own development plans, vindicate the thought process that went into conceiving the body that has replaced the 60-year-old Planning Commission. Promoting cooperative federalism and

[Ed] A ‘breakthrough’ that is no big deal

While the government may continue to say that the Civil Liability for Nuclear Damage Act remains untouched, it’s the government’s reading of that law which is problematic, especially as it is around an issue which concerns every Indian: as an energy consumer, a taxpayer, and a potential victim of a nuclear accident.
In an unusual move this week, the government sought to clear the air over the India-U.S. nuclear “breakthrough understanding” announced by U.S. President Barack Obama and Prime Minister Narendra Modi, with a detailed press release on the subject. The move was prompted by several questions being asked over how the two leaders had been able to announce

The Hindu News - 12 Feb 2015

India-U.S. deal short on clarity: envoy

Envoy says U.S. has so far made only commitments and promises

Calling the India-U.S. nuclear agreement a “breakthrough” is premature, says Russia’s Ambassador to India Alexander Kadakin, who has called the announcements made during U.S. President Barack Obama’s visit “only promises with a dose of euphoria.”

In an exclusive interview to The Hindu , Mr. Kadakin rejected the idea that