-Down to Earth Grand old party of India renews some old promises and makes some new ones, but will Congress live up to its promises if it wins a third term? The Indian National Congress (INC) presented its manifesto for the upcoming Lok Sabha elections on Wedneday. The manifesto committee claimed the 48-page document was prepared after wide consultations by engaging millions of people, grassroots congress workers and every section of the...

-Down to Earth 68th Round of National Sample Survey makes it amply clear that the wave of economic growth has not percolated down from the 0.003 per cent of population of ruling elite (as per Income Tax records, only 42,800 persons have taxable Income more than Rs 1 crore in India). 99.996 per cent population is spending between just Rs 25.90 and Rs 37.36 per capita per day (average MPCE) in...

-Economic and Political Weekly   What explains the erosion of support for the ruling combine at a time of rising human development indices? Ten years is long enough for an elected government to lose public faith and the United Progressive Alliance (UPA) has done much, both in acts of omission and commission, to ensure a steady erosion of support among the electorate. Large-scale corruption, the incompetence of the government in handling many important...

-The Hindustan Times If you've somehow managed to wrench yourself away from witnessing the ever plunging new lows during the ongoing election campaigns, including name calling, mud (and ink) slinging and repeated exchanges of the same accusations between political rivals, you will surely have noticed the exuberance in the markets - the Sensex has touched a record high and the long-languishing rupee has strengthened to within striking distance of sub-Rs 60...

-MoneyLife.in India, the world's second largest food producer, is witnessing growing distress and declining confidence in agriculture as most small and landless farMers, with less of a stake, are found to quit farming The recent unseasonal heavy rains, thunder and hailstorms originating from unusually intense western disturbances from the Mediterranean interacting with the south-easterly winds from the Bay of Bengal have ravaged the due-for-harvesting chana, lentils and wheat in Madhya Pradesh,...