-Reuters BANGALORE: Inflation likely picked up slightly in July as its falling currency pushed up the price of imports, making raw materials more costly, and on rising Food prices, a Reuters poll showed. Wholesale prices, India's key inflation measure, rose an annual 5 percent last month, the poll of 30 economists showed, hitting the ceiling of the Reserve Bank of India's commonly perceived comfort level. That was up slightly up from June's 4.89...
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The heat trap -R Suresh
-Frontline A World Bank report on climate change warns that a warmer world will trap millions in poverty. "Much of the advance of European capitalists and other members of the European ruling class was at the cost of the colonised and enslaved peoples of Africa, Asia and Latin America," says Amiya Kumar Bagchi in his book "Perilous Passage: Mankind and the Global Ascendancy of Capital." Capitalist expansion following the Industrial Revolution involved...
More »Schools for scandal -Anil Sadgopal
-Frontline The midday meal scheme is a grand idea in a flawed school system. "THEY played here, studied here and got buried here!" (Yahin khela, yahin padha aur yahin ho gaya dafan). With these emphatic words, grieving parents buried the bodies of two children within the compound of the Dharmasati Gandaman Primary School of Masharakh block in Saran district of Bihar. This sentiment was expressed with great dignity even in the...
More »Poverty play -Jayati Ghosh
-Frontline Once more, without feeling: the government's latest poverty estimates. YET again the Central government has mired itself in controversy by releasing its latest poverty estimates based on the consumption expenditure survey of the NSSO (National Sample Survey Office) Survey of 2011-12. The Planning Commission's poverty line, using methodology suggested by the Tendulkar Committee in 2010, is now apparently defined as the spending of Rs. 27.20 per capita per day in rural...
More »Nip this in the bud-Aruna Rodrigues
-The Hindu Genetically modified crops, whose ecological effects are irreversible, could become a mainstay of Indian agriculture thanks to collusion between the government and the biotech industry The final report of the Supreme Court-appointed Technical Expert Committee (TEC) on field trials of genetically modified crops is packed with revelations on what is wrong with institutional governance and regulation in India when it comes to GMOs (genetically-modified organisms). The report's release late last...
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