This essay describes and compares Parliament and the Supreme Court and examines the relationship between them. Parliament may still be a great institution, but its members are no longer great men. How long can a great institution remain great in the hands of small men? The SC has held its place in the public esteem rather better than the Lok Sabha, despite the occasional allegation of financial impropriety. Parliament, the...
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Manmohan approves single bill for land acquisition, rehabilitation
Prime Minister Manmohan Singh on Monday gave Union Minister for Rural Development Jairam Ramesh the green signal for his proposal to integrate in one bill the provisions for land acquisition and rehabilitation and resettlement. After calling on Dr. Singh for the first time since he assumed office, Mr. Ramesh told The Hindu that he had sought the Prime Minister's approval for a single Bill to cover the two issues, whereas his...
More »No free hand to States till 2017, Jairam Ramesh tells Montek by K Balchand
Union Minister of Rural Development Jairam Ramesh has proposed an “ACTIONS” plan as the guiding principle for the 12th Five Year Plan, putting off the Planning Commission's suggestion to axe Centrally sponsored schemes and give States a free hand to chart their path of development. After his meeting with Deputy Chairman of the Planning Commission Montek Singh Ahluwalia on Saturday, Mr. Ramesh told The Hindu of the discussion they had on...
More »Challenging the poverty dimension of inflation by Madan Sabnavis
A perverse, yet novel reason put forward to explain high inflation is that the poor are eating more as they are becoming less poor. The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) has been extolled for being responsible for higher consumption, which in a way is a vindication of high inflation. The extended logic used here is that if the poor are eating more and we are paying high...
More »The other oil problem
-The Business Standard For a country whose cuisine uses so much edible oil, India’s dependence on imported cooking oil is as economically debilitating as its dependence on imported energy. Barring a short spell in the late eighties, when the country was nearly self-sufficient in edible oil production, the bulk of the cooking oil needs have been met through imports for decades. Even today, domestic oilseed production does not meet even...
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