One lives to learn — or unlearn. The working head of what passes for this country’s Planning Commission is unambiguous about it. One important measure to fight inflation, he believes, is to raise prices. That is to say, to stop prices from rising, you must first raise prices. The gentleman has heartily endorsed the recent serial increases in the prices of petroleum products since such increases will, in his view,...
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Now, The Oil Stain by Lola Nayar
By exposing its lesser arm, is the petromin hiding bigger sins? Petro Fallout * Murli Deora, who as petroleum minister sought the CAG audit and sanctioned a CVC probe, offers to quit his ministerial post * CBI action reinforces CAG draft report findings blaming DGH for oversight in implementation of production-sharing contracts * Unease in market, as yet another CBI probe into charges of DGH having favoured RIL in its...
More »The gang that couldn't shoot straight by P Sainath
As we close in on 20 years of Manmohanomics, it's worth remembering one chant the chattering classes uttered, first with pride, later to console themselves. “Whatever you say, we have the most honest man in Dr. Manmohan Singh. And no one can speak a word against him.” It's less heard now — those affections having been transferred to other punters in the honesty sweepstakes. But growing numbers do say this...
More »Pinstripewallah Partner by Neelabh Mishra
There’s no outrage when law, policy are outsourced to corporates IN order to get our perspective on issues of national importance right, we could do well to turn our ears from the din created by vested interests. The unduly vehement questioning of the process of concerned citizens (or “civil society”) engaging in legislative and policy consultations is exactly the sort of noise we must not allow to deflect our attention...
More »From fig leaf to banana republic by Siddharth Varadarajan
Nobody sheds a tear when the police harass ordinary citizens. But with the rich and powerful under the corruption scanner, the Prime Minister now fears a police state. The Prime Minister and his advisors just don't get it. At a time when the public is looking for an end to the loot of public money, the last thing they want to hear from their government is a bunch of excuses and...
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