Liquor baron Ponty Chadha’s mercurial rise is all ‘Maya’ A reclusive liquor baron may seem like an anomaly in these never-ending good times. But Gurdeep Singh Chadha—better known by the moniker Ponty Chadha—fits the bill. Often called “Mayawati’s financier”, the 57-year-old Ponty has been making large (if silent) waves for the political patronage he enjoys in Uttar Pradesh. Any bottle of liquor sold in India’s most populous state goes through his...
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Higher spending on education is not improving dismal outcomes
-The Economic Times India came 72nd of 73 nations in the Programme for International Student Assessment (PISA) competition, despite fielding students from its best states, Himachal Pradesh and Tamil Nadu. The dismal quality of Indian education is confirmed by the latest Annual Status of Education Report (ASER). Throwing money (Sarva Shiksha Abhiyan) and legislation (Right to Education Act) at education has produced no quality gains at all. Abhiyan spending is up from...
More »Cheaper onions, potatoes pull down food inflation
-PTI Falling prices of vegetables such as potatoes and onions pushed down the food price index by 0.42 per cent in the week ended January 7, over the same period of the previous year. However, experts feel that the decline in prices of food articles will not be enough to prompt the Reserve Bank of India to cut key interest rates at its forthcoming monetary policy review on January 24. Food inflation as...
More »Rural retail sees fall in demand by Ajay Modi
Hariyali Kisaan Bazaar, India’s biggest rural retail chain by sales, which operates 230 stores across eight states and had seen good growth in the past two years, said it had seen a fall in rural demand in the past two to three months. A drop in prices of potatoes, onions and some other vegetables, leading to low realisation for farmers, and an increase in cost of fertiliser, are reasons for these...
More »Bit Sharers Of The Spoils by Pragya Singh
Muslims, SCs, STs reflect better social indices, closer to national averages Early in the morning, Mohammad Nadeem, a 25-year-old ‘pakka adati’, big wholesaler, at one of Muzaffarnagar’s fruit and vegetable mandis, briskly sets about selling carrots and oranges. As he expertly sifts through sacks of fresh produce, it’s difficult to picture him hawking peanuts by the roadside. But for five years in this bustling western Uttar Pradesh mandi, Nadeem’s store...
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