-Reuters   India’s food price index rose 9.03% and the fuel price index climbed 13.13% for the week ended 6 August, government data on Thursday showed. Finance minister Pranab Mukherjee termed the over 9% rate of food inflation as “not acceptable”, but expressed hope that government policies and a good monsoon will help ease prices. “Food inflation at the level of 9% is not acceptable. I do hope the measures taken to remove supply...

-The Business Standard   Asking questions does not amount to passing judgements Just as correlation does not establish causation, asking questions does not amount to passing judgements. The Comptroller and Auditor General of India (CAG) is an important constitutional office that has a role to play in improving governance. However, going beyond one’s brief can always harm an institution in the long run and be counterproductive. An auditor’s dharma is to see if...

-The Telegraph   It’s a move that will unwittingly rub salt on the wounds of around 36 lakh families in Jharkhand living below poverty line. With the Reserve Bank of India (RBI) recently withdrawing 25 paise coins from circulation, the state government has been forced to shed its friendly face and revise its decision to sell salt at 25 paise per kg to BPL families, commonly known as the lal-card holders. The Arjun Munda...

-The Indian Express   For the past year, land issues have been a spark for anger and political confrontation all over the country, and the Supreme Court’s recent intervention in Greater Noida land acquisition has underlined the urgency of discovering a political solution. Meanwhile, the Reserve Bank of India said at the beginning of this year that investment would slide unless land issues were sorted out. And, sure enough, FDI numbers have...

The report on illegal mining in Karnataka, compiled by Lokayukta Santosh Hegde and his team, may spell the end of the first Bharatiya Janata Party government in south India. While the report is voluminous, here are a few details of what the Lokayukta and his team have found while probing the illegal mining scam. In the report the Lokayukta clearly makes charges against Chief Minister B S Yeddyurappa and Minister for...