-Down to Earth Studies indicate high food inflation As Met office predicts below normal rainfall because of El Nino this year, a study by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) has projected a 1.75 per cent GDP reduction and loss of hundreds of thousands of jobs in the unskilled sector. The report released recently says that five per cent deficit rainfall forecast by the India Meteorological Department (IMD) will...
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Nabard supports 46 projects to create rural jobs-Gireesh Babu
-The Business Standard Of the 46 projects, some have been scaled up after completion of pilot projects Chennai: The National Bank for Agriculture and Rural Development (Nabard) has supported 46 innovative projects, through its Nabard-SDC Rural Innovation Fund (RIF), as on February 2014. The fund was set up jointly with the Swiss Agency for Development and Co-operation (SDC). These projects were sponsored so as to create more jobs in the rural areas...
More »Former Bengal governor Gopalkrishna Gandhi calls CBI ‘department of dirty tricks’, RIL a parallel state -Neeraj Chauhan
-The Times of India NEW DELHI: Former West Bengal governor Gopalkrishna Gandhi on Tuesday stunned the CBI brass, describing the agency as 'department of dirty tricks (DDT)' which had gained disrepute for being the "government's hatchet", clothed in opacity with a perfume of mystery. Gandhi's remarks came while he delivered the 15th D P Kohli Memorial Lecture for CBI on "Eclipse at Noon: Shadows Over India's Conscience" with nearly 3000 officers of...
More »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...
More »A raw deal for migrants-Jayati Ghosh
-Frontline Significant part of economic migration is still the result of desperation rather than hard-headed economic calculation. This, in turn, affects the conditions under which workers migrate and their lives and work as well. PERHAPS the most poignant moment in the film Peepli Live-even though the movie is really more about the media than about the socio-economic realities of India-is at the very end, when the hapless protagonist, now a former farmer...
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