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Cutting fuel subsidy can cause 2.6% spike in inflation: RBI chief D Subbarao

-The Economic Times Reserve Bank of India Governor D Subbarao has said the proposed elimination of fuel subsidy can lead to a massive 2.6% spike in inflation, an assessment that makes it even more difficult for the government to bite the bullet. While a hike in diesel and cooking gas prices may be long overdue, the government is hard-pressed to contain inflation ahead of crucial assembly polls in Gujarat and Himachal Pradesh...

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Centre Left Punjab Out of Drought Relief Ambit: Badal

-PTI Punjab Chief Minister Parkash Singh Badal today alleged that the state was "deliberately left out" by the Centre when announcements were being made for relief packages for states facing drought-like situation. Referring to the relief announced by the Centre for some states like Gujarat, Maharashta and Haryana in view of drought like situation, Badal said "it is unfortunate that Punjab was deliberately left out of its ambit despite the fact that...

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The More They Change-Panini Anand

-Outlook Kejriwal’s original experiment in Sundar Nagri lies in tatters It was the summer of 2002. An IRS officer on study leave from the Income Tax department would travel daily to the slums of Sundar Nagri, in the north-east district of Delhi, close to the Uttar Pradesh border. Working with friends, he aimed to make the locality a powerful example of people’s empowerment. He was then an unknown; now, everyone knows...

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How the political class has looted India-AG Noorani

-The Hindu “Study these four men washing down the steps of this unpalatable Bombay hotel. The first pours water from a bucket, the second scratches the tiles with a twig broom, the third uses a rag to slop the dirty water down the steps into another bucket, which is held by the fourth. After they have passed, the steps are as dirty as before… They are not required to clean,” but...

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Food security is a basic right-Brinda Karat

-The Times of India The present food Bill legalises the injustices of a targeted distribution system A national campaign throughout the month of July on issues related to food security and against rising prices will culminate in a five-day sit-in protest in Delhi beginning today. These are issues fundamental to the well-being of the majority of our people and therefore deserve national support.   With the spectre of drought haunting the countryside, speculators, hoarders...

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