Consider this. Every time petrol prices rise, oil companies end up losing more money. How? The price differential between petrol and diesel increases further; people start buying diesel-powered vehicles so oil firms bleed more. Even worse, we all bleed because dieselisation adds to toxic pollution in our cities. This, in turn, adds to the health burden and costs. This is all very well accepted. Yet, nobody has done anything to fix...
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Rightful share in jobs eludes Chhattisgarh tribals by Supriya Sharma
A river of bows and arrows slid through the urbane lanes of Raipur civil lines, coming to a startling stop outside the chief minister's gated and guarded residence in the autumn air of November 1st, the founding day of Chhattisgarh. As the police whisked them away, the tribal protestors told journalists they were asking for the most basic constitutional right: proportional reservation in government jobs. Eleven years ago, the sprawling state...
More »Bihar's economic growth causing labour shortages, higher wage bills in other parts of India by Ravi Teja Sharma
Bihar's recent economic growth has created a peculiar problem for real estate and infrastructure firms in other parts of the country. Migrant labour from the state constitutes around 50% of the unskilled workers employed in these sectors nationally, but increased government expenditure and private investment has caused rural migration from Bihar to fall by a third in recent years, resulting in labour shortages and 35-50% higher wage bills for real estate...
More »Eye on petrol for two prices by Jayanta Roy Chowdhury
The Centre is exploring the possibility of introducing different petrol prices for two-wheelers and cars in an attempt to combat a perception that it is insensitive to the plight of the common people. Facing a flurry of protests from allies, Opposition parties and consumer groups against the hike in petrol prices last week, senior cabinet ministers are considering whether differential pricing is possible to insulate users of two-wheelers and three-wheelers from...
More »India to be ranked 3rd largest Internet market after China and the US by Harsimran Julka
By the end of this year, one in every 10 Indians will be an Internet user, making the country the third-largest Internet market in the world after Chinaand the United States. At the end of December, 121 million Indians will be accessing the Internet at least once a week to check emails, chat or log on to a social network, a survey has found. India is adding Internet users at the...
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