-The Indian Express In Gujarat, growth relies on indebtedness. And relegates development. The Gujarat pattern of development has often been arraigned from the left because of its social deficits. Indeed, the state's social indicators do not match its economic performance. With 23 per cent of its citizens living below the poverty line in 2010, Gujarat does better than the Indian average - 29.8 per cent - but it reduced this proportion by...
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Amid slugfest with BJP, PM hints at hiking fuel prices, curbing gold imports
-The Times of India NEW DELHI: The Prime Minister on Friday called for a political consensus on "more difficult reforms", indicating that the government was considering a cut in fuel subsidy, which would mean higher petrol and diesel prices, and bringing in measures to curb gold imports. Making a statement in the Lok Sabha on the current economic situation, Manmohan Singh admitted that the current account deficit had gone up sharply and...
More »Despite concerns, government to roll out Aadhaar-based cash transfer from Jan 1 -Sidhartha & Surojit Gupta
-The Times of India NEW DELHI: The government is all set to announce a national rollout of direct benefit transfer (DBT) of cooking gas subsidy in Aadhaar-using states from January, despite oil marketing companies pointing out several shortcomings in the current system. The decision was taken at a meeting convened by petroleum minister VeerappaMoily on Tuesday and a formal announcement is expected in the next few days, senior government officials told TOI....
More »Uniting the Nation: Asghar Ali Engineer’s Struggle for Preservation of Plural Ethos-Ram Puniyani
-Countercurrents.org The events of last over two decades have shown us, more than before that the efforts of dividing the nation by communal forces have been a major obstacle to social peace and process of development. In India while the communal violence began with the Jabalpur riot of 1961, it is from last couple of decades especially from 1980s that the divisive politics has tried to drive a wedge between different...
More »Saradha crisis: Mamata hikes VAT on tobacco for relief fund- Romita Datta
-PTI Mamata Banerjee stages reversal of former apathy towards fate of those affected by Saradha Group demise Kolkata: West Bengal chief minister Mamata Banerjee staged a reversal of her former apathy towards the fate of those whose savings had disappeared amid the collapse of the deposit-taking Saradha Group. Having said on Monday that "what has gone, has gone", Banerjee on Wednesday announced a 10 percentage point hike in value-added tax (VAT) on tobacco...
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