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It’s the fisc

While monetary policy is an important element of the artillery against inflation — and with the 25 basis point hike, the RBI did part of what it was expected to do to tighten policy — there is the fiscal task too. As Raghuram Rajan, adviser to Prime Minister Manmohan Singh, points out, the Centre must control expenditure, cut subsidies and not start new spending programmes. Fiscal deficits are large and rising...

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Poverty without Borders by Andrea Lunt

It's the land of freedom, of bright lights and burgers, where daring entrepreneurs arrive from across the planet in search of fame and fortune. The United States of America - the world's melting pot - has been a symbol of hope for centuries, but behind this vision of wealth and wonder is a tale often untold. Food security, lack of water rights and unemployment might sound like the type of problems...

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Arbitrary detention, torture of terrorism suspects in India: HRW by Dharitri Bhattacharjee

"When I asked my son if he was tortured, he said, 'They were hardly going to treat me with love...They used to make us memorize the police version of the case. We were not allowed to sleep until we could recite that version.' " These words by Nisar Ahmed are an excerpt from the106-page report released yesterday, by Human Right Watch titled, "The 'Anti-Nationals': Arbitrary Detention and Torture of Terrorism...

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Court asks States to Restore land meant for common use by J Venkatesan

Allotment of gram sabha land to private persons illegal Ponds, tanks which served communities for years encroached upon Taking a serious view of illegal and unauthorised encroachments on government poromboke land, the Supreme Court has directed all the State governments to prepare schemes for eviction of such occupants of gram sabha/panchayat/poromboke/shamlat land and Restore them to the gram sabha/panchayat for the common use of villagers. A Bench of Justices Markandey Katju and Gyan...

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Diluting the Right to Food by CP Chandrasekhar

The promise made by UPA II that it will ensure food security for Indians through legislation that guarantees the Right to Food seems, in its view, to have been an error. In a multi-stage process that reflects the pulls and pressures within the policy-making elite, the Food Security Bill has been diluted so much that it marks a reversal rather than an advance compared to the status quo. Let us...

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