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 | Dated:September 11,2012 |
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"We have circulated a note to all CCPA members on under recoveries which will exceed Rs 188,000 cr. I had a meeting with Finance Minister on the same. Increase in oil is prices unavoidable. We will have to perform the unpleasant job of hiking prices."
Jaipal Reddy Oil Minister
"Projects in road and petroleum awaiting clearances amount to more than Rs 1.5 lakh crore. These projects will be taken up in Cabinet meeting. We are also planning to allow Indian companies convert Indian loans into foreign loans. Food inflation needs to be tackled so that it gives RBI comfort to relook at monetary policy."
Arvind Mayaram Secretary, Economic Affairs
"I have faced multiple probes, now let the Prime Minister face a SIT probe on coal block allocations. To corner me, they form an SIT whenever they want to."
Narendra Modi Chief Minister, Gujarat | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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"India's Prime Minister Manmohan Singh helped set his country on the path to modernity, prosperity and power, but critics say the shy, soft-spoken 79-year-old is in danger of going down in history as a failure."
Washington Post Article
(Advocating another term for Obama)"He (Obama) reminds me that we are playing a long game here, and that change is hard, and change is slow, and it never happens all at once. But eventually we get there. We always do. For Barack, success isn't about how much money you make, it's about the difference you make in people's lives."
Michelle Obama First Lady, U.S.
"The law should take its own course and no precipitate action should be taken. The coal blocks which were allocated as per due process, should not be cancelled. Any such cancellation will adversely impact business sentiment."
Adi Godrej President, CII | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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"Deficiency has now come down to 9%. The areas that have shown remarkable improvement are the central parts of the country that were deficient by about 15% at the end of July. The deficiency now stands at just 3%. The main areas where deficiency ranges from 40-50% are Punjab, Haryana and the Saurashtra. These are the main areas having largest deficiency as of now."
SC Bhan Director, IMD
"For the last several weeks, liquidity levels have been in our comfort zone. If signs of stress emerge particularly, if they persist, then we will take that into account."
Subir Gokarn Deputy Governor, RBI
"If the declining trend continues, if the September sales are also in the negative, then we will not meet the growth target of 9-11%. Apart from the overall weak market sentiments and the conditions of the economy, vehicles sales have also been impacted due to government putting on hold purchase of new vehicles for all its departments since June."
Sugato Sen Senior Director, SIAM | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
