I hear that the Planning Commission is planning to push the poverty line down a few notches so that a lot of folks can now come out bobbing up to the surface. This is being considered not out of some malicious attempt to make really poor people look just plain poor so that the real estate price in your area goes up that wee bit, but to “ensure the adequacy...
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Delhi budget: Diesel vehicles to cost more, free healthcare for 27L kids
Over the last couple of years, the Delhi government's budgets had focussed largely on beefing up the city's physical infrastructure in time for the Commonwealth Games. With the Games over, the budget for 2011-12, the first presented by Sheila Dikshit, shifted focus to social infrastructure with welfare measures in health and education targetted at the school-going. Welfare measures apart, the budget cited environmental concerns to hike taxes on diesel vehicles and...
More »Thousands protest against high food prices in Delhi
Thousands of people have gathered in the Indian capital, Delhi, to take part in a rally to protest against rising food prices and unemployment. A steady stream of protesters, carrying red flags, has been marching through the streets of central Delhi since early morning. The rally has led to massive traffic jams in the city. Trade unions who have called the rally say nearly 40,000 people will attend a meeting at the Ramlila...
More »India angry, blames govt for corruption, inflation
Inflation is beginning to hurt seriously, corruption is at an all-time high and the government is not doing enough to tackle either problem. That is the way India's big cities feel on the two big issues dominating headlines in recent months, according to an 8-city survey done exclusively for TOI. Asked what impact rising prices have had on their household budgets, only 3% said it has had a small impact. About...
More »Food inflation is no mystery by Soma Banerjee
If you thought only onion made headlines and governments fall, here is some more food for thought. The retail prices of brinjal soared 110% and those of tomato by 125% between the first weeks of November 2010 and January 2011, while the rise in crude oil paled in comparison, climbing about 12% in the same period. While import-dependent economies are struggling to keep their fiscal math in shape with crude...
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