-The Hindu The government’s claim that it will dampen inflation, bring higher prices for farmers and lower prices for customers may be somewhat exaggerated With the intention of signalling a strong commitment to reforms, the UPA government has announced a hike in the price of diesel and liberalisation of foreign direct investment (FDI) in multi-brand retail, justifying the measures as growth-enhancing and inflation-dampening. They have been termed bold by India’s corporate sector...
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‘Perfect storm’ that shook
-The Telegraph The enormity of the real challenge before Manmohan Singh is far higher than that posed by Mamata Banerjee. A “perfect storm” is gathering around the economy, according to a Centre-commissioned report packed with suggestions for a series of tough measures that will affect daily life and test the government’s resolve to wade further into unpalatable waters. The report presented by the Vijay Kelkar panel, which was asked to suggest a road...
More »Agriculture back in focus as growth estimate gets downgraded by banks like Morgan Stanley, Standard Chartered-Gayatri Nayak
-The Economic Times When the country was growing at more than 8 per cent for about a decade, services and manufacturing were the darlings of policy-makers, investors and talking heads. Agriculture, a segment that employs nearly half the hundred crore population of the country, was hardly mentioned even in passing. This year, thanks to a poor monsoon, suddenly the farmers are the centre of India's growth story, or the lack of...
More »Midnight’s children-Purnima S Tripathi
-Frontline Members of denotified, nomadic and semi-nomadic tribes, treated as criminal tribes by the colonial rulers, have no place to call their own and no land, no rights, and no support from the government. Emaciated, eyes sunken deep into sockets, skin hanging loose, almost gasping for breath, Indro Devi and Sarvnath, a couple in their eighties, lie on polythene sheets in an 8×10 square-foot tent made of rags, by a stinking nullah...
More »Simple & cheap solution to India's grave water crisis: Waste water recycling-Sanjay Vijayakumar
-The Economic Times Where will India get its water from in the coming years? The water challenge is already grave and could get graver. By 2050, for instance, it is estimated that demand would go up to 1,180 million cubic metres, 1.65 times the current levels, a situation that would be made worse by fast dwindling fresh water resources. That's why desalination — removing salt from seawater to make fresh water —...
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