-PTI NEW DELHI: Rising prices of onions and other vegetables pushed inflation to a five-month high of 5.79 per cent in July even as the government and RBI battled to stabilise the rupee. Inflation based on the Wholesale Price Index (WPI) was at 4.86 per cent in June. In July 2012, it was 7.52 per cent. The July number is above the Reserve Bank's comfort level of 4-5 per cent inflation. This is...
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Irrational poverty figures -Devinder Sharma
-Deccan Herald My house help asked me the other day: "Sahib ji, TV news tells me those earning more than Rs 1,000 a month are not poor. How can this be true? Although I am earning Rs 5,000 every month working at your home, I mop up your floor and wash your dishes. If I was rich why should I be doing cleaning job here?" Mohan used to be a helper in...
More »Government plans fresh impetus to 'public-private partnership' to push growth -Yogima Seth Sharma
-The Economics Times NEW DELHI: The government plans to give a fresh impetus to public-private partnership by overhauling the framework for such projects on the basis of a study being undertaken by the Planning Commission, which is likely to submit its recommendations within a month. The move comes after a few big PPP projects in infrastructure sector fell apart while those in the power sector have been struggling to sail through. "We...
More »Justice as a game of chance
-The Hindu The quality of mercy, Shakespeare would be disappointed to learn, seems highly strained in India. If Maganlal Barela, a convict on death row in Jabalpur Central Jail, is still alive, he has a newspaper report that broke the story of his imminent hanging to thank for the temporary reprieve. Barela was sentenced to death in 2011 by the Madhya Pradesh High Court for murdering his five infant daughters,...
More »Nip this in the bud-Aruna Rodrigues
-The Hindu Genetically modified crops, whose ecological effects are irreversible, could become a mainstay of Indian agriculture thanks to collusion between the government and the biotech industry The final report of the Supreme Court-appointed Technical Expert Committee (TEC) on field trials of genetically modified crops is packed with revelations on what is wrong with institutional governance and regulation in India when it comes to GMOs (genetically-modified organisms). The report's release late last...
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