How an image-fixated chief minister has bent the state’s media to his will If you haven’t heard of an income tax raid on the residential premises of Nitish Kumar’s close aide and treasurer of the ruling Janata Dal-United (JD-U), Vinay Kumar Sinha, you are not alone. Thanks to the local media, it took a while even in Patna—where the house is located—for people to get to know. This, incidentally, is the...

With regional disparities, the target of four per cent agricultural growth remains elusive The importance of agriculture in the Indian economy becomes quite clear just before the monsoons. Though other sectors contribute a greater share to the national income, more than three quarters of India’s rural population is still dependent on agriculture as the primary driver of income. India has come a long way from an era of vulnerability to food shortages...

Rising wages in both rural and urban India have contributed to inflation, and managing price levels when wages are rising is key to deriving benefits from higher growth, the Reserve Bank of India has said.  "The pressure on generalised inflation from sustained increase in wage costs has been one important characteristic of the recent high inflation episode. Wage increases for unskilled labourers in rural areas continue to be at a rate...

-PTI Chairman of Prime Minister's Economic Advisory Council, C Rangarajan today said Agriculture Produce Marketing Committees (APMCs) have not helped the farmers in gaining higher level of income.  "The marketing arrangements with respect to agricultural products remain very archaic", he said, delivering the convocation address at the University of Agricultural Sciences, Bangalore.  "Some of the legislations such as APMC have also not helped the farmers. There is a big difference between what the...

-The Indian Express SC rightly upholds equity in private schools — now govt schools should pull their socks up The Supreme Court has upheld the Right to Education Act and its 25 per cent quota for children from economically disadvantaged backgrounds in all schools — public, private and in-between (except minority unaided institutions). It dismissed the petition of certain private schools, which argued that the directive to admit these children was unconstitutional,...