Desired outcomes can be reached through a series of ‘imperfect’ small initiatives What is to be done? How can we untie the Gordian knot that has so entangled the political economy of petroleum product prices? This is the question that now exercises our most experienced politicians and our ablest economists. Most well informed people know that a country that imports 80 per cent of its oil requirements cannot de-link itself from the...

The World of Work 2012 report presents a bleak picture of the global job situation. FOUR years after the global crisis erupted in 2008, organisations such as the International Labour Organisation (ILO) believe that labour markets still have not fully recovered. The world economy is not expected to grow at a sufficient pace over the next couple of years to overcome the crisis. These organisations present some depressing facts: those...

Mamata Banerjee today said private investors “are staying away from Bengal because land is not available for them”. However, she laid stress on the importance of public sector projects — the state has attracted some — saying “public sector investment is also investment”. The chief minister, whose government’s hands-off policy on land acquisition has so far acted as a deterrent for private industry, said at a railway programme in Hooghly’s Dankuni: “The...

A prominent social worker whose father was an air chief marshal has been slapped a notice of externment from Barwani district of Madhya Pradesh for alleged obstruction of development work and spreading “fear” among officials. Madhuri Krishnaswamy, who frequently clashed with bureaucrats and the political leadership in the 15 years she has worked among tribals, has been barred from entering Barwani and five adjoining districts under the notice, usually issued against...

Row over cartoon demeans the Dalit movement in general and Ambedkar in particular The intellectual-rational capacity of the current brand of Congress leadership has always been in doubt. In the latest episode of fast-track community appeasement by banning a controversial Nehru-Ambedkar cartoon in an NCERT textbook, the ruling elites of our country hit a new low in their political opportunism. Kapil Sibal is, in general, not a popular figure among Dalits,...