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'Reforms' for whom?-Ajit Balakrishnan

Two ways to advertise your modernity in India today: first is to carry an iPad, second is to declare that you are firmly on the side of 'reforms' There are two quick ways to advertise your modernity in India today. The first is to carry an iPad when you go for meetings, even if all you do with it is read email; and the second is to declare that you are...

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Rain deficit: Jobs, farming, economy under a cloud-Zia Haq and Gaurav Choudhury

-PTI India’s monsoon, vital for Asia’s third-largest economy, has been 22% deficient till June 26, official data showed, adding to the government’s worries and prompting Prime Minister Manmohan Singh to consult key aides on measures to tone up the economy on Wednesday. In a revised forecast, the Met department predicted the rains would be 96% of the long-term average, lower than its April forecast of 99%. Rainfall is considered normal if...

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What killed our boom-Ashok V Desai

-The Telegraph   Ashok V. Desai,consulting editor of The Telegraph and chief consultant to the finance minister when Manmohan Singh launched the economic reforms, takes a deep dive into statistics to figure out what is wrong with the economy as Pranab Mukherjee leaves the finance ministry and Singh takes charge The growth rate of gross domestic product is reported to have come down. What does that mean? Before the question can be answered,...

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How the Land Acquisition Bill will impact farmers-KP Narayana Kumar

-CNN-IBN Passing through Bulandshahar, a rapidly urbanising district in Uttar Pradesh known for its rustic politics and dairying, this reporter chanced upon a group of farmers sitting in protest outside a newly constructed apartment. The farmers occupied a tent that was erected outside the apartment complex. Their complaint was that they were being coerced to sell land for cheap by private players. "We will get only a measly Rs 20 lakh per...

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Interest-free loans for farmers in State

-The Pioneer Chief Minister Shivraj Singh Chouhan here on Saturday announced that farmers in the State will get interest-free loans. After ending his 24-hour fast observed to protest the hike in fertiliser prices over the last one year, Chief Minister Shivraj Singh Chouhan told mediapersons, “This zero per cent rate of interest would be applicable for loans given to farmers since April 1 this year.” When the Congress was in power, farmers used...

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