-The Hindu Business Line The numbers may look good but the consumer’s monthly budget hasn’t eased up. Here are four reasons why the common man has no respite from inflation It’s official! Inflation is down. The wholesale price inflation has been in negative territory for the last eight months. CPI, the consumer price-based inflation, has also dropped, from 8-8.5 per cent in the beginning of 2014 to sub-5 per cent now. Inflation...
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Chronicle of a struggle retold -Shiv Visvanathan
-The Hindu The battle over the Narmada dam reflects a journey, a pilgrimage, and a recollection of 30 years of resistance. Numbers alone cannot make sense of it because it demands a different kind of storytelling If you were to ask a middle class person today what the most significant act of history in the India of the last 20 years is, most would say this — the rise of Narendra Modi....
More »Malnutrition glare on Gujarat -Ananya Sengupta
-The Telegraph New Delhi: For 10 months, the Narendra Modi administration withheld from the public the findings of a study by India's government and Unicef that charts "unprecedented" improvement in child malnutrition over the past decade but shows Gujarat in an unflattering light. Under pressure after The Economist reported the findings a fortnight ago, the government last week released the national-level data from the Rapid Survey on Children. But it is still...
More »Super rich defaulters push Indian banks towards collapse
-DNA What is worse is that just the top 30 cases of default account for a Rs 1.21 lakh crore, which is almost 40% of the Non Performing Assets (NPAs) in banks. The upper middle class, who usually takes loans of over Rs 1 crore, accounts for 33% of the total NPAs. It's not the poor farmers or the middle class who are defaulting on their loans. It's the country's super rich,...
More »Is the MGNREGA being set up for failure? -G Sampath & Rukmini S
-The Hindu The Mahatma Gandhi National Rural Employee Guarantee Scheme (MGNREGA) has generated more rural employment than any other government scheme or private initiative in the history of independent India. At the same time, it has also generated a great deal of controversy over its merits and demerits. It would be fair to say that the policy establishment in the country right now is not favourably disposed towards the MGNREGA, with the...
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