Wednesday, February 16, 2011

Opinion: Sincere, serious, helpless - Business Today - Business News

Opinion: Sincere, serious, helpless - Business Today - Business News: "Clearly aimed at damage control and expectation management, his answers were sincere and candid, especially about the compromises that have to be made to keep a coalition together. His most startling analogy was to ask rhetorically if food, fertilizer and kerosene subsidies for the poor could be construed as revenue losses. 'What is your starting point?' he asked in the context of the 2G spectrum being allocated at sub-market rates. One TV editor asked him if he was implying that 2G, too, was a subsidy. He side-stepped this one."

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