The Indian economy is moving back into the fast lane, with agriculture playing a leading role. A new financial review presented by the government in mid-December anticipated economic growth of up to 9% for the year to March 2011, and forecasters believe double-digit expansion is on the cards for later in the year. "Faster growth is expected to continue as agriculture recovers sharply from last year's drought and inflation starts to...
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Paranjoy Guha Thakurta, journalist interviewed by Krishnakumar Padmanabhan
Hidden behind all the administrative scandals that rocked India in 2010, illegal mining is an unnoticed beast that has been eating into the country's soul. While corruption in spectrum allocation and the conduct of the Commonwealth Games are primarily about monetary loot, illegal mining is about invaluable non-renewable natural resources. In at least five major states, there were more than 20,000 complaints of illegal mining filed, but the perpetrators carried on with...
More »The ‘Radia’ctive Indian Media by Satya Sagar
There has been a gross simplification of the issues involved in the exposures in the Radia tapes on the lack of integrity among mediapersons. In order to understand how exactly journalists really function it is necessary to understand the overall context in which they operate and clarify some of the persistent myths about what the profession is all about. Four myths in particular need to be dissected: That it enjoins...
More »WB: Buddha says child labour cannot be banned by Priyanka Gupta
West Bengal Chief Minister Buddhadeb Bhattacharya has courted another controversy by remarking on child labour. "We can't ask them to stop work because that will affect their families' Source of Income." The West Bengal Chief Minister is courting controversy with a statement saying it is not practical to ask children to stop working - this four years after child labour was officially banned across India. The best that can be done he...
More »Speculators at work by Alok Ray
If the price rise is due to production shortfall, how does one explain the near doubling of the price within a few days? The sharply rising onion prices have raised the suspicion that speculators are manipulating a shortage situation. First, a few facts. In retail markets, onion prices have soared from Rs 10-11 per kg in June to as high as Rs 70-80 on Dec 21. Even more significantly, prices zoomed by...
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