The country’s economic Growth is expected to remain strong despite sluggishness in the manufacturing sector as a rebound in agricultural output is expected to support overall Growth. Growth in the key farm sector, which accounts for nearly 17% of the nation’s GDP, has been a concern for policymakers for the past few quarters. But, healthy monsoon has raised expectations of strong farm output during July-September 2010. In addition, the arrival of...
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Her Sinister Ring Tone by Shantanu Guha Ray
NIIRA RADIA, the lobbyist at the heart of India’s audacious multi-billion telecom swindle, inaugurated a Krishna temple she funded in south Delhi on her birthday — that, interestingly, coincides with Indira Gandhi’s. Those present on the occasion said Radia prayed for long, presumably seeking divine intervention to wriggle out of the country’s biggest scandal. Before the temple visit, notices from the country’s Enforcement Directorate (ED), Income Tax (IT) Department and the...
More »Ashish Bose, Demographer interviewed by Shobhan Saxena
In 1985, Ashish Bose coined the term BIMARU while preparing a report on national population Growth rate for Prime Minister Rajiv Gandhi. At the time, he was a professor at Delhi's Institute of Economic Growth. Ever since, BIMARU has been used to describe the four northern states that are seen as symptomatic of what's wrong with India.Shobhan Saxena asks Bose, 80, if Bihar is proof that BIMARU is history. Bihar...
More »Jaitapur N-power unit gets green nod by Viju B
The Union ministry of environment and forests (MoEF) has given environment clearance to the controversial Jaitapur nuclear power project slated to come up in Madban village (Ratnagiri district) along the Konkan coast. This is the second major project, after the Navi Mumbai airport, to be cleared by minister Jairam Ramesh in a week. The 9,900-mw Jaitapur nuclear power plant, the country's largest, will be set up in collaboration with the French...
More »Panels propose doubling job scheme workdays by Prashant K Nanda
Two committees of the labour ministry on Wednesday proposed to double the annual 100 days of work guaranteed to the rural poor by India’s marquee welfare programme, but the ministry may pare the suggested increase before putting it up to the cabinet for approval. The provision to provide work for 100 days to at least one member of every rural family under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS)...
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