-The Business Standard   The Indian economy certainly has problems. But compared to the rest of the world, we will take ours any day Over the past couple of years, and particularly the past few months, we have become convinced that economists, the intelligentsia, fund managers, foreign brokers, don't read global macroeconomic news. All of the above have castigated the United Progressive Alliance (UPA) government for having ruined the economy, causing a massive growth...

-The Hindu   Ideological labels are likely to mislead by channelling the debate into issues of capitalism and socialism and detract from the real problem George Santayana said: "Those who cannot remember the past are condemned to repeat it." Having forgotten the license-permit-quota-raj that enveloped us from 1950 to 1980 and its ‘crony socialism,' many intellectuals, mediapersons and politicians have now discovered ‘crony capitalism.' The license raj consisted of stifling controls imposed on...

-Down to Earth   100,000 young children and teenage girls are victims of 'bonded labour' in Tamil Nadu; dalit girls worse off An international organisation working for welfare of workers has drawn attention to the hazardous and exploitative working conditions of young girls working for the garment sector in Tamil Nadu. An estimated 100,000 children and teenage girls are working in extremely oppressive conditions in the spinning mills and garment factories in Tamil Nadu,...

-DNA The Indian political class is completely disengaged with the environment because the issue does not get votes. And the poor, who will be the most affected by climate change, are mostly unaware about it, though it is an existential issue for our country. In William Shakespeare's play Julius Caesar, a series of bizarre events happen in Rome before Caesar's assassination, leading a soothsayer to warn him: "Beware the ides of...

-Down to Earth Grand old party of India renews some old promises and makes some new ones, but will Congress live up to its promises if it wins a third term? The Indian National Congress (INC) presented its manifesto for the upcoming Lok Sabha elections on Wedneday. The manifesto committee claimed the 48-page document was prepared after wide consultations by engaging millions of people, grassroots congress workers and every section of the...