Congress chief Sonia Gandhi has asked Union food minister KV Thomas to iron out last-mile hurdles in the way of the flagship food bill before it is brought to the Cabinet again on Sunday. A lack of consensus in the Cabinet — which must clear the bill before it can be placed in Parliament — led to it being stalled last Tuesday. The Congress chief, who had overseen the bill’s drafting...

-The Economic Times Nobel laureate and professor of economics at Harvard University, Amartya Sen believes developed world policies are worsening the global crisis and leaving emerging economies exposed. During an interaction with the press, he also said the recent rupee depreciation needs to be viewed holistically and is not necessarily a 'train crash'. Excerpts: What is your assessment of the current global situation? I think the global situation is pretty bad...

How deluded we are when we think that when an important piece of legislation is introduced, policymakers carefully scrutinise it for some room for improvement. Indian democracy is good at passing progressive-sounding legislation that becomes unpopular later for poor implementation and a consequent feeling of letdown and therefore resentment. Often the problems of poor implementation that surface later stem from small mistakes in design that could have been corrected at...

Tamil Nadu’s free laptop distribution scheme, involving what is said to be the largest government order for computing equipment in India, hangs in the balance as all but one vendor, hit by the hard disk shortage created by recent floods in Thailand, have refused to sign on to the state administration’s delivery schedule. “Out of six vendors only one has signed an agreement and we have given a purchase order,” an...

Lack of adequate credit - the lifeblood for any company is threatening to derail fledgling attempts by hundreds of dalit entrepreneurs to overcome deep socio-economic barriers and break into mainstream business.  Without credit, such entrepreneurs would also struggle to cash-in on the Rs 7,000-crore business opportunity opened up by the central government's new dalit-friendly sourcing plan, unveiled last month.  Credit disbursements to dalit entrepreneurs through 20-odd schemes run by the Ministry of...