-Economic and Political Weekly The Law Commission’s bill on combating honour crimes falls short of what is required. Honour crimes – the illegal decrees by caste/clan/community panchayats to annul or prohibit marriages, social boycotts and even murder of couples – have finally drawn the attention of the State. A consultation paper released by the Law Commission contains a draft bill – The Prohibition of Unlawful Assembly (Interference with the Freedom of Matrimonial...
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Shackles of subsidy by MK Venu
-The Indian Express Pranab Mukherjee should use his waking hours to signal bold reforms Until a few years ago no one really thought that governments could go bust. But the deepening sovereign debt crises of Europe have now persuaded us that governments can go bust if their debt levels cross a certain danger mark. What is that danger mark remains a matter of research by economists around the world. Some studies have concluded...
More »A crisis ignored by CP Chandrasekhar
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...
More »Jairam Ramesh, Minister for Rural Development interviewed by Anil Padmanabhan & Elizabeth Roche
As minister for rural development, Jairam Ramesh oversees the largest spending in the social sector by the government. This includes the marquee Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) that was pioneered by the Congress-led United Progressive Alliance in 2006. The minister, an alumnus of the Indian Institute of Technology and the Massachusetts Institute of Technology, is known for his forthrightness. In a typically candid interview to Mint on...
More »Time to end West's farm subsidy as a condition for funding European bailouts: Swaminathan A Aiyar
-The Economic Times The IMF wants to increase its lending capacity by $1 trillion, to rescue distressed countries in the eurozone plus those hit by aftershocks from the eurozone. But US is struggling with fiscal problems of its own, Japan now has the highest debt/GDP ratio in the world (over 200%), and Europe is moving into an austerity phase. Clearly, a significant chunk of the new trillion will have to come from...
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