The audited balance sheets of the six largest political parties in India are hard to get and harder to decipher: they hide more than they reveal but are nonetheless worth close examination. Between them, the Congress, BJP, BSP, SP, NCP and CPM reported total income of Rs 1,046.76 crore for the year ending March 31, 2009. That was the year in which most of the funds for the 2009 Lok...
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Latest employment trends from the NSSO by CP Chandrasekhar and Jayati Ghosh
The results of the latest NSSO large survey on employment and unemployment provide crucial evidence on the pattern of inadequate job creation in this phase of high economic growth. This edition of MacroScan provides an initial analysis of the results. No sooner were the results of the 66th Round of the National Sample Survey Organisation (relating to data collected in 2009-10) released, than they became the subject of great controversy. Surprisingly,...
More »"BRICS Can Ensure Affordable Drugs" by Ranjit Devraj
While ‘data exclusivity’ clauses will not feature in the India-European Union free trade agreement (FTA), the threat posed by the impending deal to the world’s supply of cheap generic drugs is far from over. India’s commerce and industry minister Anand Sharma assured Michel Sidibe, chief of the United Nations joint programme on HIV and AIDS (UNAIDS) at a meeting this week that India would reject attempts by pharmaceutical giants to include...
More »SC boost for Ramesh's bid to set up autonomous green clearance body
-The Times of India The Supreme Court may have cleared the Lafarge mining case, but it has also ordered the setting up of an independent clearance authority. The move is a boost to Union minister Jairam Ramesh's plans to legislate an autonomous National Environment Appraisal and Monitoring Authority. Taking the cue from the suggestions made by the environment ministry to strengthen the clearance process, the apex court backed the creation of...
More »Reactions to SC judgment on land acquistion
-The Times of India Wednesday's Supreme Court decision which upheld Allahabad High Court's order quashing acquisition of land by UP government at Shahberi village in Noida has come as a shot in the arm of the farmers agitating across the state against forcible land acquisition. While Opposition parties used it to sharpen their attack on the Maya government, farmer organisations said it's a warning to the Centre and state governments...
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