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| CM orders ‘double shift’ in Kashmir division | | Says developmental works would help achieve ‘Khush-hal’ Kashmir | |  Srinagar, Mar 13: In a bid to gear up the administration, the Chief Minister today asked the Kashmir’s divisional administration to work in two shifts on various identified schemes from April 15 this year.
Chairing a high-level meeting here this afternoon after his maiden visit to Gurez, the Chief Minister directed the Divisional Commissioner, Kashmir to identify schemes work on which would be carried out in two shifts. He said initially five schemes each should be identified in various inf... | |
| | | | Man hanged to death; trooper injured | | Arms, explosives recovered | | | Srinagar, Mar 13: Unidentified gunmen, suspected to be militants, today hanged a man to death after abducting him while as a trooper was injured in a shootout in Handwara.
According to sources, unidentified gunmen, suspected to be militants, hanged one Imtiyaz Ahmed Bhat, son of late Abdul Ahad of Ganderbal to death after he was abducted on March 11.
Militant outfit Hizbul Mujahideen has reportedly owned the responsibility of killing alleging that Imtiyaz was an Army informer. It’s worth mentioning here that Imtiyaz’s father Abdul Ahad, was killed in a similar way by suspected militants last year.
Militants ambushed a search party of 30 RR near Kralgund Handwara injuring a trooper... | |
| | | | Omar pleased with Pakistan visit | | Misconceptions about Pakistan done away with | | | Srinagar, Mar 13: While as his maiden visit to Pakistan during Pugwash conference might have done lots of good to him in the otherwise hostile country, Omar Abdullah also feels that the certain ‘misconceptions’ about Pakistan have been done away with during his one to one with Pakistan President Pervez Musharraf.
In an informal chat with local news agency KNS, National Conference president Omar Abdullah sought to remark that his perception about Pakistan got considerably changed after his meeting with President Pervez Musharraf.
“Every misconception about Pakistan has been disposed off after one on one with Musharraf,” Omar said as quoted by KNS.
Omar briefly giving details about h... | |
| | | | | | | How well did the FM perform? | | The ANN jury’s verdict | |  How well did the finance minister perform? The answer, it seems, depends on who you ask. The DNA jury, which included top-notch businessmen, investment bankers, public sector stalwarts, and hard-boiled economists, offered opinions ranging from poor to excellent. While the economists were, not unexpectedly, unimpressed by Chidambaram’s exertions, businessmen were more charitable, as the budget did not rock anybody’s boat. The net result: the jury returned a split verdict, in a range from 1.4 to ... | |
| | | | There is no big picture :Yashwant Sinha | | | | The economy has been on a high growth path for the past three years. Except for some underlying concerns, this trend is likely to continue. What is more, confidence level in the Indian economy, in India and abroad, is very high. The conditions were thus most favourable for the finance minister to present a courageous and path-breaking budget. Instead, this budget has turned out to be a non-event.
The finance minister has not addressed the underlying concerns in the economy. Inflation has been kept artificially low by not passing on the full impact of petroleum price increases to consumers. The Rangarajan committee recommendations have not been touched in the budget. The government is m... | |
| | | | PC goes with the flow | | | | With the Left as friend, the Prime Minister as philosopher and Sonia Gandhi’s Aam Aadmi slogan as guide, finance minister P Chidambaram had to deliver a multi-faceted budget. The good thing is that the budget does not set the clock backward on reforms even though it does not attempt anything big or bold.
Don’t rock anybody’s boat. That’s the approach he took in his tax proposals. The existing tax regime has given the centre 20% growth in gross tax revenues for three years running. Savings, investment and GDP growth have all been impressive. The tax-GDP ratio is set to go up to 11.2% next fiscal even without any tinkering. So, Chidambaram let that be.
After last year’s overhaul, no ch... | |
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