Lack of knowledge, fear of political criticism are some of the reasons that are stopping FCI, according to experts What is stopping Food Corp. of India Ltd (FCI) from selling its ample wheat stocks in the open market and buying futures contracts to meet its distribution commitments in the months ahead? Or, for that matter, what is keeping the food procurement agency from selling grain futures internationally, knowing that a bumper crop...

It needs pensive reflection to understand how an organisation whose name is perhaps the most widely recognised public sector brand across the length and breadth of India could become the target of so much instant anger and contempt in the highest legislative forum of the republic. Krishna Kumar (anhsirk.kumar@gmail.com) teaches education at Delhi University. The cyclone that hit Parliament on 11 and 14 May over the so-called cartoon controversy indicates, among other...

-The Times of India The government's white paper on black money, tabled in Parliament on Monday, listed a one-time tax amnesty to recover funds stashed abroad and a gold deposit scheme for locals as possible ways to deal with the menace, while suggesting that individuals get the tax department's go-ahead for all property deals and face undue scrutiny on cash in their possession. It also called for setting up of independent regulators,...

The UPA II’s third anniversary on May 22 may witness a repackaging of old schemes, promises and achievements in the “Report to the people” as the government has little to show for 2011-12. Sources say the 13-chapter report struggles to contest the perception of policy paralysis by pointing out social-sector initiatives based primarily on welfare schemes launched during the UPA I regime or in the first year of UPA II. The government...

Justice Markandey Katju's prescription for a regulated media regime is a misplaced step that can actually de-democratise the fourth estate. IT is open season on the political class and the news media. But then, again, it's more like a chase of one's own tail. A self-righteous, delusional, Anna-Baba NGO-ised fringe sets out to stigmatise politics and Members of Parliament; the news media salivate at the prospect and rush to provide...