05-02-2017

the hindu
1.Central Pollution Control Board assessing oil spill.

Environment Ministry likely to present a status report soon on the damage done

The Central Pollution Control Board (CPCB) is analysing samples from the oil spill resulting from a collision between two ships off the coast of Tamil Nadu on Tuesday.

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2.A difficult pitch.

The Finance Minister, Arun Jaitley, is known for his close association with cricket. It is not surprising that his recent budgetary announcements reflected a combination of the long, short and ultra-short versions of the game. read more

3.Butterfly find enriches Indian faunal diversity.

Marking an important addition to India’s rich wildlife, researchers have described Limenitis rileyi, a butterfly spotted in Arunachal Pradesh three decades ago as the first record of the species in the country.  read more

tio
1.Isro to launch 104 satellites in 30mins, eyes world record.

On February 15, India’s nearly 50-year-old space programme will rocket into the Guinness World Records with the deployment of 104 satellites within a span of 1,721 seconds -a feat not accomplished by any country so far. In apre-launch interview to TOI, mission director B Jayakumar said, read more

2. Broken pledges, lost chances spoil budget.

On TV , I rated the budget at just 5.5 out of 10, even though the Sensex zoomed 486 points. It zoomed not for what was in the budget–like higher capital and rural spending -as what was not. It did not contain anticipated, feared levies on capital gains and indirect FII gains, and an increase in service tax to 18%. This was a relief rally.  read more

tie
1.How come Jaitley’s imaginative Budget left a slot for anonymous black money to thrive?

How predictable we are! Come rain or sunshine, we evaluate budgets strictly along party lines. Introduce a dream budget that guarantees benefits for all and, if it is a Congress budget, the BJP will condemn it as anti-people; if it is presented by a BJP government, the Congress will reject it as worthless. Polarisation is not merely a pseudo-communal element that vitiates our thinking; it is a malignancy that diminishes our value systems just as comprehensively.  read more

2.Budget 2017 presents the power of ideas; Now,find champions for success.

John Maynard Keynes once said that the difficultly lies not so much in developing new ideas as in escaping old ones. In the saga of governance, the challenge is not so much in creating new ideas, but in dismantling old ways of governing the political economy.  read more

3.Budget 2017-18: The Audacity of reforms.

The Budget 2017 signals an unprecedented shift. Beginning from the timing, structure and reforms that it has brought about. The Finance Minister has extensively looked into the recommendations of the FRBM Review Committee under my Chairmanship.  read more

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