The advance estimate of national income in 2011-12, released recently by the Central Statistical Organisation points to a decline in India’s GDP growth rate from 8.4 per cent last year to 6.9 per this year. The government, obsessed with growth rates, is deeply disappointed. Hence there is already talk of the need to respond and demands that the Reserve Bank of India should reduce interest rates are being heard. There...

“It never reached anywhere except in the pockets of the officers, contractors” “Bundelkhand package? It never reached anywhere except in the pockets of the officers and contractors.” This is the standard reply one gets on queries over the ambitious Rs. 7,266 crore special package announced by the Planning Commission for this backward drought-prone region of Uttar Pradesh. Announced in 2009, the package was meant for the overall development of the region spread...

-The Financial Express   Bhim can't understand what he's done wrong.   Before dawn every day he joins hundreds of wholesale traders at Delhi's Azadpur Mandi, a sprawling, chaotic market where trucks blare Bollywood music, porters haul huge brown sacks of fruit and vegetables and hawkers ply tea and cigarettes. His own trade is in rosy red apples, laced with calcium carbide. Bhim says he's been adding chemicals to his apples for years to artificially ripen...

Dispelling the general perception that the CPI(Maoist), the left wing extremist outfit, is opposed to all industrial projects, Odisha-based top red leader Sabyasachi Panda said going all out against industries would shatter the livelihood of labourers. The secretary of the Odisha organising committee of CPI(Maoist) clarified this while speaking to a select group of journalists at an undisclosed location in Kandhamal district, about 250 km from here, on Thursday evening. “Communism always...

Iqbal Masud, the civil servant and critic, supported the ban on The Satanic Verses in 1989. His reason was simple: if the book remained on sale in India, Muslims would march in protest, policemen would fire upon them, some of them would die, and no book, said Masud, was worth the life of a single protester. There were, he allowed, legitimate arguments to be made about incitement, about mobs marching against...