In the first of a series of reports on land rights, we look at the northern Indian state of Uttar Pradesh, where there have been violent clashes between local villagers and police in a dispute over land. It's a hot summer day and the air is thick with smoke from the diesel-powered trucks carrying bricks, cement and sand. There is a long line of vehicles along the road as the trucks jostle...
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Price of delay
-The Business Standard Union finance minister Pranab Mukherjee was being economical with the truth when he said that last Saturday’s petrol price hike decision was entirely that of oil marketing companies (OMCs). True, the government correctly but belatedly deregulated petrol pricing several months ago, but it is clear that despite a sharp increase in global crude oil prices in the past six months, the OMCs restrained themselves from increasing domestic...
More »Delhi budget: Diesel Vehicles to cost more, free healthcare for 27L kids
Over the last couple of years, the Delhi government's budgets had focussed largely on beefing up the city's physical infrastructure in time for the Commonwealth Games. With the Games over, the budget for 2011-12, the first presented by Sheila Dikshit, shifted focus to social infrastructure with welfare measures in health and education targetted at the school-going. Welfare measures apart, the budget cited environmental concerns to hike taxes on Diesel Vehicles and...
More »Badwa committee uncovers PDS racket in Yavatmal
With the arrest of two drivers of trucks transporting wheat and other food grains meant for the Public Distribution System (PDS) by the Wadgaon Road police on Sunday night, the unabated PDS food grain pilferage racket stands exposed once again. According to Wadgaon Road police station officer (PSO) Baijnath Latpatte, drivers Firoz Shah Kasam (40) and Rafique Shah Kasam (45), both residents of Jafar Nagar, Yavatmal, were arrested after registering...
More »Food inflation is no mystery by Soma Banerjee
If you thought only onion made headlines and governments fall, here is some more food for thought. The retail prices of brinjal soared 110% and those of tomato by 125% between the first weeks of November 2010 and January 2011, while the rise in crude oil paled in comparison, climbing about 12% in the same period. While import-dependent economies are struggling to keep their fiscal math in shape with crude...
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