-The Telegraph It is the time for West Bengal to create landmarks. First, the denial of a rape; second, the arrest of an academic for circulating a cartoon; third, a public circus with the winners of the Indian Premier League; fourth, the mimicry of the prime minister on television; fifth, the announcement of sop after sop even though the state is bankrupt; sixth, the announcement in the hills of being “rough...

-The Indian Express The deafening silence from official circles on the Verma committee recommendations is in sharp contrast to the widespread well-deserved appreciation that the committee has received. It is common for governments to form such committees to buy time and take the heat off themselves. Perhaps that was the government’s intention when it set up the committee at the height of the protests in the wake of the brutal gangrape...

-The Hindu Subsidies on cooking gas, kerosene and diesel have resulted in perverse outcomes not envisaged when they were introduced With the Aadhaar-based direct cash transfer scheme facing so many glitches in implementation, any hopes that the country’s energy sector can soon dismount the subsidy tiger it has been riding so dangerously have receded into the background. Had the Aadhaar scheme worked satisfactorily, the next logical step would have been to extend...

-PTI Parliament on Thursday paved the way for corporate houses to enter the banking sector by approving the banking bill, a key reform legislation pending for long. Parliament also passed the amendments to the debt recovery laws or Sarfesi law after a reply by finance minister P Chidambaram on the combined discussion on the two bills in Rajya Sabha. These two Bills -- Banking Laws (Amendment) Bill, 2012, and Enforcement of Security Interest...

-Outlook Describing the government's ambitious direct cash transfer scheme as a "powerful tool", Reserve Bank Deputy Governor K C Chakrabarty has said the initiative will help reduce fiscal deficit, which in turn will also bring down inflation if implemented well. "The direct cash transfer scheme will reduce the fiscal deficit, which in turn will facilitate inflation control," Chakrabarty, the senior-most of the four deputy governors at the Mint Road, told PTI in...