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Building euphoria-Himanshu Upadhyaya

-Frontline   But in Modi's Gujarat the difference between development and darkness is all too visible to those who care to see. NARENDRA MODI may have won three consecutive elections and ruled Gujarat for more than a decade after he was posted there almost as a night watchman, to borrow a cricketing expression. He may have mobilised a massive fan following that is shouting to catapult him into the Prime Minister's post,...

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Over 2,000 fewer farmers every day-P Sainath

-The Hindu     The mistaken notion that the 53 per cent of India's population ‘dependent on agriculture' are all ‘farmers' leads many to dismiss the massive farmers' suicides as trivial There are nearly 15 million farmers (‘Main' cultivators) fewer than there were in 1991. Over 7.7 million less since 2001, as the latest Census data show. On average, that's about 2,035 farmers losing ‘Main Cultivator' status every single day for the last 20...

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Interest rates may fall as inflation slows to 3-year low

-The Times of India The inflation rate slowed to a more than three-year low of 5.96% in March on the back of softening vegetable, fruits and milk prices, brightening the prospect of an interest rate cut by RBI while bringing relief for the politically beleaguered government. Lower interest rates would provide relief to thousands of borrowers reeling under the burden of high equated monthly installments ( EMIs) on their home loans. Data released...

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The freebie nation-Sreelatha Menon

-The Business Standard The Union Budget shows the charitable instincts of the government continuing to overwhelm it - though some would call it part inefficiency and part helplessness. The exemptions given to citizens on the tax they ought to pay have been exceeding the Plan expenditure, and even the total fiscal deficit as it did in 2012-13. This has prompted criticism from the Left parties and activists, who view it as evidence...

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LPG relief for midday meal kitchens, canteens -Sanjay Dutta

-The Times of India It appears to be one step forward and two steps back for the government in so far as pruning of fuel subsidy bill is concerned. The latest example is the oil ministry's order asking state-run fuel retailers to supply cooking gas cylinders at subsidized rate to non-domestic consumers such as canteens, medical institutions and mid-day meal kitchens. The order on cooking gas, issued on Tuesday, comes close on...

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