The Samajwadi Party's resounding victory in the Uttar Pradesh assembly polls is certain to add more heft to the Federal Front - the alliance of non-Congress, non-BJP chief ministers put together by West Bengal chief minister Mamata Banerjee.  Mulayam Singh Yadav's party was handed a decisive mandate by the electorate, and it will not have to be dependent on Congress, or any other party for its survival.  The snub by voters in...

Food price inflation, and inflation in general, has become less of an issue. But it isn’t an issue that will go away. Give it till June and inflation is likely to inch up again. Competition is a good antidote against price increases. It ensures efficiency and reduces price volatility. Logically, food price inflation should trigger and stimulate agricultural reform, so there is competition and supply-side changes can occur. But in...

Global retail chains looking to set up shop in India may face several challenges such as delay in the implementation of goods and services tax and restrictions imposed by the Agricultural Produce Marketing Committee (APMC) Act, besides political opposition. These hurdles can be roadblocks in providing real benefits to farmers and consumers as intended by the government in opening the multi-brand retail sector to foreign direct investment. “GST (goods and services tax)...

-The Hindu   Tamil Nadu Chief Minister Jayalalithaa on Saturday criticised the Central government for seeking to reduce States into the status of “glorified municipal corporations.” In her address to the National Development Council, which met in New Delhi, the Chief Minister, whose speech was read out by Finance Minister O. Panneerselvam in absentia, said that the NDC was a forum to consult with State Chief Ministers, as equal partners in the process...

-The Indian Express   Great expectations are pinned to the upcoming monsoon session of Parliament, given the sheer volume of unfinished legislative business, and the amazing free fall of the past few months. The opposition’s passive-aggressive behaviour and the government’s reflexive obduracy over a JPC were the reason the winter session had to be written off, and that certainly contributed to the clear authority vacuum of recent months, even as agitations...