The countrywide share of corporate retail in food distribution tripled in the past four years when retail food prices showed the greatest increase. THE dramatic increase in food inflation over the past two years has been associated with several surprises. One major surprise has been how the top economic policymakers in the country have responded to it. The initial response was one of apparent disbelief, followed very quickly by the...
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Adarsh case got valuable boost from RTI Act, activists by Viju B
The Right to Information (RTI) Act and activists who pursued the Adarsh case as early as 2008 are emerging victorious in the battle over the cooperative housing society. The RTI Act was instrumental in not only revealing the names of the 103 approved members of the controversial society, but also in bringing to light the links between politicians and various officials, including those in the government, military and defence estates...
More »Nitish, the Chanakya who wins Bihar hands down
Often called Chanakya for his political astuteness, Engineer-politician Nitish Kumar blended his secularist ideology with pragmatic politics and combined the development plank with innovative social engineeering equations in Bihar to bask in glory yet again. Doing an encore after today's landslide victory, the 59-year-old chief minister with his trademark kurta pyjama and grey stubble has become RJD strongman Lalu Prasad's nemesis single handedly contributing to the electoral meltdown of RJD-led Secular...
More »K'taka to enter microfinance
Close on the heels of the recent controversy surrounding over the microfinance institutions, Karnataka government has decided to foray into the micro finance business with an initial corpus of Rs 500 crore. With this, Karnataka will join the league of Andhra Pradesh to have its own state-funded microfinance institution. The government plans to lend at the rate of 4 per cent interest per annum to unorganised sector workers. “There are about 3.5...
More »Tributes paid to LC Jain by Gargi Parsai
Close associates and friends fondly remembered Gandhian social activist L.C. Jain at a prayer meeting held in his memory at the Gandhi Peace Foundation (GPC) here . The former High Commissioner and former Member of the Planning Commission passed away on Sunday after an illness. Separately the Planning Commission passed a resolution at a condolence meeting chaired by Deputy Chairman Montek Singh Ahluwalia recalling Mr. Jain's extraordinary services to the nation....
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