There is nothing sinister or diabolic about Union minister Kapil Sibal’s latest argument regarding the findings of the Comptroller and Auditor General (CAG) of India pertaining to the loss to the exchequer from 2G telecom licences in 2007. The basic argument pertaining to the erroneous notion of “presumptive loss” has been made before and Mr Sibal’s arithmetic is credible. Too much need not be made about this being a ministerial...
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Govt raises APL foodgrain prices by over 40 per cent by Ravish Tiwari
In a major decision that is likely to add to the double-digit food inflation, the government has quietly raised foodgrain prices for Above Poverty Line (APL) families by over 40 per cent. The decision to this effect was taken at the meeting of the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Manmohan Singh on December 30. “The Committee considered the note dated 04/10/2010 from the Ministry of Consumer Affairs,...
More »A Fable For The Cola-Wallahs by Saba Naqvi and Debarshi Dasgupta
In post-globalisation India, middle-class heroes are usually entrepreneurs who make a fast buck, stars that glitter brightly and talk glibly, cricketers who hit the ball hard. In an aspirational world of consumer goods, fine dining and malls, values such as service, integrity, simplicity are becoming rare. Perhaps that is why the story of Binayak Sen, the skilled doctor who turned his back on material success to work among the poor...
More »Why food is costlier by TN Ninan
Twenty years ago, a Maruti 800, with an air-conditioner fitted, cost a little less than Rs 2 lakh. Today it costs about Rs 2.5 lakh. Twenty years ago, a branded 1.5 tonne window air-conditioner cost about Rs 30,000; today, you can get a split AC unit for that price. Then, Videocon was offering large refrigerators for more than Rs 30,000; you can get better units today for much less. TV...
More »Miseries continue for nuclear plant displaced by Kajal Iyer
Amidst protests in Jaitapur over the proposed nuclear plant, the Prime Minister on Friday inaugurated a nuclear reprocessing unit at the Tarapur nuclear plant in Maharashtra. The inauguration of a reprocessing plant at Tarapur may be a milestone for India's nuclear power technology, but just seven kilometers away, Pophran village has become home for the people displaced by the plant. Gulab Patil is one among the many who have not been allotted...
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