Finance Minister Pranab Mukherjee on Thursday countered the Opposition attack that the government's policies resulted in price rise and said the steps it took resulted in food inflation coming down. Replying to the debate on the motion on price rise, he said additional revenue measures were also taken to bring down the fiscal deficit and keep the economy in a better shape. The Rajya Sabha later unanimously adopted the motion: “This House...
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The field's wide open by Rajdeep Sardesai
Mani Shankar Aiyar has probably not read Dale Carnegie's best-seller, How to Win Friends and Influence People. A few years ago, in a St Stephens alumni register, former External Affairs Minister Natwar Singh wrote, "I am what I am because of the college". Prompt came Aiyar's rejoinder: "Why blame the college!" Politics though is not a college campus. The ready wit and pungent sarcasm which might earn applause in a debating...
More »The Empire strikes back — and how! by P Sainath
The original report on ‘paid news' of the Press Council of India sub-committee is relegated to the archive. Then too, it does not even appear on the PCI's website. Presented with a chance to make history, the Press Council of India has made a mess instead. The PCI has simply buckled at the knees before the challenge of “Paid News.” Its decision of July 30 to sideline its own sub-committee's report...
More »Rs 60,000 crore is the cost of rotting food grain every year. Yet, millions go hungry by Suman Sahai
EVERY OTHER day there is either a newspaper report or an editorial comment lamenting the loss of food grain stored in buffer stocks. Agriculture Minister Sharad Pawar, while prophesying a bumper kharif crop, admits he is worried about not having adequate storage for the produce. At a national conference in 2003, the Central Warehousing Corporation said it had covered storage capacity for 48 million tonnes of food grain. In 2002,...
More »Iron ore mines going for Rs 1 lakh in Chhattisgarh? by Supriya Sharma
There's not much you can buy in terms of assets for Rs 1 lakh. But two Delhi businessmen gained access to a multi-crore iron ore mine in Chhattisgarh for just this much. On June 2, 2004, two brothers, Atul Jain and Sanjay Jain, pooled together Rs 1 lakh in Delhi to set up a company, Pushp Steel and Mines Ltd. The same day, the company applied for a prospecting licence...
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