The budget session of the Parliament began with President Pratibha Patil’s address. All indications point to a normal functioning of this session, unlike the wasted winter session.  This is because the UPA 2 government has agreed to constitute a Joint Parliamentary Committee (JPC) to look into the 2G spectrum allocation scam. If the government were to have done this in the winter session itself, then precious time and resources would...

In an address to the Berlin Agriculture Ministers meeting last month, World Trade Organisation (WTO) Director General Pascal Lamy said export restrictions are a prime cause of recent surges in global food prices, and countries should find other ways of securing domestic supplies (“WTO chief: Alternatives to food export curbs needed”, Business Standard, January 23). Though export restrictions are an important contributor to rising food prices, they are by no...

With the arrest of two drivers of trucks transporting wheat and other food grains meant for the Public Distribution System (PDS) by the Wadgaon Road police on Sunday night, the unabated PDS food grain pilferage racket stands exposed once again. According to Wadgaon Road police station officer (PSO) Baijnath Latpatte, drivers Firoz Shah Kasam (40) and Rafique Shah Kasam (45), both residents of Jafar Nagar, Yavatmal, were arrested after registering...

To many, ecology clearances coming in quick succession first for the 12-million-tonne steel project, including a captive power complex and a minor port that the South Korean Posco is diligently pursuing for close to six years and then for SAIL’s three mining leases at Chiria in Jharkhand appear as history bending revolutions. This is because the ministry of environment and forests, led by environment zealot Jairam Ramesh was till the...

President Pratibha Patil today reaffirmed the government’s resolve “to maintain the momentum for reforms on a wide front”, prompting policymakers to outline the possible economic agenda ahead of the budget just a week away. Top officials offered their take on the phrase, mentioned in Patil’s speech to Parliament at the start of the budget session. According to the them, Prime Minister Manmohan Singh and finance minister Pranab Mukherjee are looking to...