-The Telegraph The dam burst today. The Federation of Indian Chambers of Commerce and Industry (Ficci) has issued a public statement on the AMRI fire and subsequent arrests, demanding the immediate release of those “not responsible for day-to-day operations of any business”. “Those who are not found guilty and are not responsible for day-to-day operations of any business should be released immediately,” said the statement titled “Ficci’s stand on fire at AMRI Hospital”. The...
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Plan panel: UID beneficiaries should pay for enrollments by Surabhi Agarwal & Sangeeta Singh
The suggestion has been made in a note to the cabinet committee on UID project headed by Prime Minister Manmohan Singh The Planning Commission has recommended that the unique identity (UID) programme’s beneficiaries such as public sector banks, insurance companies, state governments and welfare programmes pay for the enrolment of people since the benefits to them will outstrip the costs incurred. The suggestion has been made in a note to the cabinet...
More »Gloves off after Maoists bury truce by Pronab Mondal
Chief minister Mamata Banerjee tonight formally revived security operations against Maoists after the rebels refused to extend a ceasefire, spoke of war, criticised her peace envoys and appeared to escalate hostilities by killing two Trinamul supporters. Joint forces in pursuit were locked in a gunfight with the killers till late tonight at a Purulia village in the foothills of the Ayodhya hills. “I will take away the guns of the Maoists. The...
More »Blame China for the stubborn and high Inflation by Smriti Seth
There is a China hand in India's inflation, one important reason why the steady rise in interest rates may not be cooling the high inflation. About 25% of imported inputs that go into manufacture of goods produced locally are imported from China. In addition, a third of consumer goods imported into India come from China. The inflation in goods exported by China was 10% in July, much higher than its overall...
More »The truth behind rural wages in India by Akshat Kaushal
Real wages in the hinterland have stagnated despite zooming economy While the economy has zoomed along at an average of 7.2% of GDP in the last decade, real wages in the hinterland have stagnated. You would imagine that after a decade of impressive economic growth averaging around 7.2 per cent, rural populations would be beneficiaries to this story. However, wage patterns considered over the last ten years show that real wages (wages...
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