The Prime Minister's focus on double-digit growth is not due to any ‘growth mania'. It is for the benefit of the poor. At a recent function for police officers, the Prime Minister observed: “If we don't control Naxalism, we have to say goodbye to our country's ambition to sustain a growth rate of 10 to 11 per cent per annum.” Some commentators (like Prof Prabhat Patnaik of JNU) interpret this (in a...

By all indications, FDI in multi-brand retail is a fait accompli. Or so we have been told time and again by everyone, the PM downward. The “question is at what point of time it should be done”. This remark from Pranab Mukherjee in a post-budget TV interview may have revealed that the debate has moved beyond whether to permit FDI in multi-brand retailing—the lifeline of small- and medium-sized neighbourhood stores....

Bihar chief minister Nitish Kumar recently alleged that Monsanto, the Union environment ministry’s genetic engineering approval committee (GEAC) and the Indian Council of Agricultural Research (ICAR) had colluded to start trials of genetically modified maize in Bihar before clearance from the environment ministry and the state government. The charge is significant: Nitish says ICAR’s experimental farms in Bihar did not maintain the stipulated “isolation distance” from normal farmland, meant to...

The sight of a wiry, sweating man, straining as he pulls a rickshaw by hand is a frequent sight in Calcutta despite India's attempts to consign the practice to history. The gentle tinkling of its traditional bell sounds delightful amidst the cacophony of Calcutta traffic - with its ever increasing numbers of cars, taxis, lorries and motorbikes, all seeming to compete to blare their horns loudest and longest. But turn around and...

The 3 PSUs had complied with the good manufacturing practice norms Closure decision was based on misinterpreted signals from WHO Taking a critical view of the manner in which the manufacturing licences of three public-sector vaccine producing units were suspended, a Parliamentary panel has said it was abundantly clear that the decision was based on a major misconception and due to the misinterpretation of certain unclear signals in the communication from the...