-EPW Bereft of any meaningful vision, political parties have reduced politics to gladiatorial contests. Much was promised of the Lokpal Bill in the winter session of Parliament. While a toothless bill was indeed passed by the Lok Sabha, the United Progressive Alliance (UPA) was unable to have even this endorsed in the Rajya Sabha on the last day of the session. Did this have to do with the inability of the UPA...
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Trinamool Congress refuses to budge from its stand on Lokpal Bill
-The Economic Times The Trinamool Congress on Sunday reiterated that its support for the Lokpal bill will be contingent upon the removal of the Lokayukta provision from the proposed legislation. "Trinamool Congress is not going to compromise on the federal structure of the Constitution and amendments put forward by the party have to be accepted," Trinamool Congress general secretary Mukul Roy said. He was reacting to a statement of home minister P...
More »Understanding the PDS by Jean Dreze and Reetika Khera
A survey in nine States shows that they have quietly revived and expanded their public distribution system. AT a time when the Union Cabinet cleared the draft of the national food security Bill after dilly-dallying over it comes a compelling piece of information: many State governments have quietly revived and expanded the public distribution system in their States. That, at any rate, is one of the main findings of a...
More »FDI in multi-brand retail still on govt’s mind: FM
-The Times of India Finance minister Pranab Mukherjee said on Friday that opening up of the multi-brand retail sector to foreign investment was still on the "mind of the government" and it would be pursued once consensus emerged among political parties and other stakeholders. Mukherjee blamed lack of consensus among political parties for the government's inability to implement the reform measure but said it did not reflect the lack of intention or...
More »Food inflation at four-year low of 1.8%
-The Business Standard Economists question veracity of the data; say too early for RBI to cut rates. Food inflation for the week ended December 10 fell to a four-year low of 1.81 per cent, after declining to 4.35 per cent last week. The decline is much sharper than what Chief Economic Advisor Kaushik Basu expected — he had predicted less than three per cent food inflation by early January. What’s more, many...
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