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New Delhi: The session on private capital flow took place a day after Prime Minister Manmohan Singh told the participants of India Economic Summit that the United Progressive Alliance (UPA) planned to reform the financial sector. Full Article at livemint.com
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Singh said the medium-term aim is to push the economic growth rate back to the 9% level, from 6.7% recorded in 2008-09. Full Article at livemint.com
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NEW DELHI: The Centre’s bold reform initiative, which will see all profit-making central public sector undertakings (PSUs) divest 10% stake, has been met with stiff resistance from the Trinamool Congress (TC). Full Article at Times of India
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RNRL's submissions on the MoU New Delhi: Prime Minister Manmohan Singh put UPA-IIs reform train back on track on Thursday. Full Article at Expressindia.com
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Mukherjee said partners in the United Progressive Alliance (UPA) had to be won over as much as the Opposition Bharatiya Janata Party and the Left parties and said he was unable to commit himself to whether the legislations would be passed in the winter... Full Article at Business Standard
Related Quotes
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Capital stays where it well treated, just like all of us
– James H. Quigley SOURCE: livemint.com -
Some of the reforms needed, especially in insurance, involve legislative changes. We have taken initiatives in this area and will strive to build political consensus needed for these legislative actions to be completed
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We need to ensure that the financial system can provide the finance needed for our development, and especially for infrastructure development. This opens up a broad agenda for reform
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These are the two most critical areas, which have a bearing on our capacity and on our ability to achieve the objective of inclusive growth
