In a fresh war of words, Finance Minister P Chidambaram on Thursday hit out at Narendra Modi dubbing him a compulsive liar and an encounter chief minister. In Chennai, Chidambaram said, “Mr Modi is a compulsive liar. There was no recount in Sivaganga. He knows that but he still lies and continues to make this false statement — one of the many false statements made by him. If he insists on calling me recounting minister, I can call him encounter chief minister.” The attack ... Rediff.com, 18 hours ago
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New Delhi: Switzerland today said it would soon respond to Finance Minister P Chidambaram’s letter that has raised concerns about not providing information on alleged unaccounted money stashed by Indians in Swiss banks.“We confirm that we have ...IndiaTV News, 3 weeks ago
Finance Minister P Chidambaram’s claim in his interim Budget speech of ‘stellar performance’ of the agriculture sector is based on numbers, though it needs to be analysed from different perspectives to get a true picture. There is no doubt that agricultural gross domestic product may grow by 4.6 per cent this year. The past 10 years’ average, too, may work out close to four per cent. However, this increase has not come about entirely due to spurts in productivity or ...Rediff.com, 1 month ago How MPs guarded Chidambaram during his budget speech Rediff.com, 1 month ago Budget: Will Chidambaram try to please voters? Rediff.com, 2 months ago
Investors would have much preferred a gritty, honest appraisal of the tough trade-offs. Investors tuned in to Indian Finance Minister P Chidambaram’s Budget speech on Monday expecting realism. They got treated to a magic show instead. Not only will the budget deficit this year be lower than the government’s target, but Mr Chidambaram assured investors it would fall further in the fiscal year that starts in April to 4.1 per cent of gross domestic product (GDP), from 4.6 ...Rediff.com, 1 month ago
It would be unfair to begrudge Mr Chidambaram for using the last occasion in this Lok Sabha's term to advertise the UPA government's priorities, commitments and achievements, rues Nitin Pai By now you would have heard, read or witnessed a number of verdicts on the United Progressive Alliance government’s vote-on-account on its interim Budget for 2014-15. Rather than passing yet another judgement, allow me to assist you in arriving at your own conclusion. Any fair assessment of the ...Rediff.com, 1 month ago
Switzerland is biding its time to assess the mood of the next government in India on the issue of unaccounted black money before taking a call on sharing information on accounts of Indians in HSBC, Geneva, sources said. For now, the country will reply to Indian Finance Minister P Chidambaram’s letter but it might not share the information India had sought, sources added. Switzerland ‘may not cooperate with the caretaker government’ and is waiting for the next government to be ...Rediff.com, 1 week ago
In the 2009 election, P Chindambaram won the Sivaganga seat by a narrow margin. Then the Congress was in alliance with the ruling DMK. This time his son Karti is battling the seat without the alliance. India's abstention at the UNHRC on an anti-Lanka resolution will further fuel Tamil anger against the Congress party. This leaves the finance minster sulking and his son facing an uphill political debut, says N Sathiya Moorthy. The strategic community in India cannot but acknowledge India’s ...Rediff.com, 2 weeks ago
The BJP’s hobnobbing with M K Alagiri and ally Vaiko’s controversial demands has the potential to rock the BJP’s boat in Tamil Nadu, says N Sathiya Moorthy. The Bharatiya Janata Party’s ally and Marumalarchi Dravida Munnetra Kazhagam leader Vaiko and former Union minister M K Alagiri are at the centre of a storm, which if fanned well by the National Democratic Alliance’s electoral competition, has the potential to rock the boat in 40 parliamentary seats in Tamil ...Rediff.com, 3 weeks ago
Lok Sabha member from Puducherry and Minister of State in the Prime Minister’s Office V Narayansamy is a self-confessed loyalist of the Nehru-Gandhi family. He was known to be close to Rajiv Gandhi and after the late prime minister’s assassination, he transferred his loyalties to Congress president Sonia Gandhi. Narayansamy was predictably upset and angry when the Supreme Court commuted the death sentence of Rajiv’s killers and Tamil Nadu Chief Minister J Jayalalithaa followed ...Rediff.com, 1 month ago
If the government has to take its public expenditure reform plan to its logical conclusion, the next step should be to reduce the headcount of ministries that have seen a cut in their central Plan outlay, notes AK Bhattacharya What has the total outlay of a central ministry to do with its manpower? The question is not irrelevant, since there is a clear correlation between any department and its headcount of employees. For instance, the size of a central ministry’s annual outlay should ...Rediff.com, 1 month ago
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