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Junk games and schoolchildren-Sunita Narain

-The Business Standard   There is nothing called junk food. The problem with obesity lies with children who do not exercise enough. What is needed is for them to run and jump, and to do this they need to consume high-calorie food. So, food high in salt, sugar and fat is good for them." This is what was argued vehemently and rudely by representatives of the food industry in the committee set...

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Supreme Court to probe illegal mining in Odisha -Soundaram Ramanathan

-Down to Earth   Hearing on plea to stay illegal mining to be taken up next Monday. Petitioners argue that the illegally recovered wealth from the miners should be utilised for the development of the backward mining districts in Odisha On the day it pronounced its verdict on illegal mining in Goa, the Supreme Court decided to look into illegal mining in Odisha as well. On Monday, the apex court issued notices to...

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Crony capitalism or plain corruption?-Arvind Virmani

-The Hindu   Ideological labels are likely to mislead by channelling the debate into issues of capitalism and socialism and detract from the real problem George Santayana said: "Those who cannot remember the past are condemned to repeat it." Having forgotten the license-permit-quota-raj that enveloped us from 1950 to 1980 and its ‘crony socialism,' many intellectuals, mediapersons and politicians have now discovered ‘crony capitalism.' The license raj consisted of stifling controls imposed on...

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Growth is not a victim of the UPA, it is the other way round -Maitreesh Ghatak and Parikshit Ghosh

-The Hindustan Times If the opinion polls are to be believed, the UPA is facing a rout in the coming Lok Sabha elections. One explanation, popular in the media, goes something like this: The UPA faces voter wrath because it destroyed growth. The economy has paid a price for bad governance and expensive welfare schemes. If you look at data for the last two years, this view will find some support....

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Monthly WPI inflation stood at 4.68% in February

-Press Information Bureau (Ministry of Commerce and Industry) The official Wholesale Price Index for ‘All Commodities' (Base: 2004-05 = 100) for the month of February, 2014 has remained unchanged at its previous month level of 178.9 (provisional). INFLATION The annual rate of inflation, based on monthly WPI, stood at 4.68% (provisional) for the month of February, 2014 (over February,2013) as compared to 5.05% (provisional) for the previous month and 7.28% during the corresponding...

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