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The plunder economy by Ashok Mitra

One lives to learn — or unlearn. The working head of what passes for this country’s Planning Commission is unambiguous about it. One important measure to fight inflation, he believes, is to raise prices. That is to say, to stop prices from rising, you must first raise prices. The gentleman has heartily endorsed the recent serial increases in the prices of petroleum products since such increases will, in his view,...

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Ramesh gears up to make land bill, poverty count highly political by Prabha Jagannathan

-The Economic Times   NEW DELHI: Signalling clearly that the rural develpment ministry, virtually somnolent under minister Vilasrao Deshmukh, was set to go ballistic politically, minister Jairam Ramesh who took charge here on Wednesday spelt out deadlines for the three most important issues including the land acquisition bill, poverty count and stringent monitoring of UPA II's flagship programme the MGNREGA. Jairam, who earned a lot of attention in his earlier charge,...

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Agriculture blooming on initiatives galore by K Balchand

India registered a good 8.5 percent GDP growth in 2010-11 staving off the global impact of recession mainly due to the major recovery in the agriculture sector. The recorded foodgrain production in 2010-11 was the outcome of the initiatives of the state governments, the union government has now acknowledged. It was an innovation's galore to say the least if one takes into consideration the efforts of the 10 states that went...

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Hawk On His Perch by Lola Nayar

Vinod Rai’s searing honesty in his job as the country’s CAG has the government in many a bind CAG Catch 1     2G Spectrum, 2010     The CAG audit over a six-year period from 2003 finds loopholes in the implementation of norms, leading to DoT allocating spectrum at 2001 prices. Estimated loss to exchequer: the now-household figure of Rs 1.76 lakh crore.     Outcome Former telecom minister A. Raja, MP Kanimozhi, telecom and...

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Farmers on holiday by M Suchitra

Andhra farmers shun growing paddy this kharif in absence of buyers, storage space Achanta, a small village in Andhra Pradesh, hit the headlines in 1967 with a record rice yield in the kharif or monsoon crop season. It was the time of the Green Revolution. N Subba Rao, a farmer from the village, harvested three tonnes of paddy from just one kilogramme of seeds. Other farmers followed suit and the village...

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