-The Hindu In a pre-election Budget, Finance Minister Arun Jaitley serves up a mix of populism and prudence With a clear eye on the Lok Sabha election, Union Finance Minister Arun Jaitley pulled out all the stops in the Narendra Modi government’s last full Budget to promise a better deal for farmers, boost the rural economy and make the poor less vulnerable to health exigencies. Responding to the distress in the agriculture sector...
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Informal credit systems: Modi has crippled a very Indian way of doing business -Ajaz Ashraf
-Scroll.in The disruptive impact of the demonetisation policy is most evident in Varanasi’s sari-fabric industry. Prime Minister Narendra Modi’s decision to demonetise high-denomination notes has delivered a crippling blow to the uniquely Indian system of financing business. This outcome is ironic for the prime minister whose party, the Bharatiya Janata Party, is forever engaged in extolling India’s contribution to knowledge in ancient times and singing praises of Indian culture. From Delhi to Varanasi...
More »CPM on funds source
-The Telegraph The CPM today disclosed that levy collected from party members plus small, voluntary contributions had swelled its coffers but denied it was a big beneficiary of corporate donations. “The CPI(M) does not accept donations from corporates. However, there have been contributions from some companies in Andhra Pradesh. These donations, when it came to the notice of the politburo last year, was discussed and it was decided not to accept donations...
More »Infinite justice?
-The Indian Express The Supreme Court has now indicated its willingness to examine recent examples of bail being denied to high-profile politicians and Businesspersons, in contradiction of our higher courts’ established injunction that “bail is the rule and jail is the exception”. The matter came up in a hearing on Ashok Kumar Sinha, an associate of former Jharkhand Chief Minister Madhu Koda, who has been in interim custody for two years...
More »YSR: Searching For History's Verdict
Even to his many detractors, the untimely and tragic demise of AP Chief Minister Y.S.Rajasekhara Reddy (YSR--Telugus are fond of three-letter English acronyms for some reason), along with two helicopter pilots and two aides, must come as a shock. The web, airwaves, and print media are filled with obituaries and tributes, all sounding very similar themes. Principally, YSR is credited with being a successful politician with grassroots appeal, and for...
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