The class bias in government policy is clear in the decision to release a small amount of foodgrain in the open market to tackle inflation. MOST people would agree that there is a strong element of speculation underlying the current inflation and that forward trading contributes to it. Yet the government, though it has banned forward trading in certain commodities under public pressure, is curiously reluctant to see this point....
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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...
More »Wages of tokenism by TK Rajalakshmi
The revised daily wage for NREGS workers is still lower than the minimum wages paid in several States. A CONTROVERSY seems to have surfaced between the Prime Minister's Office and the National Advisory Council (NAC) on the issue of wages under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). The NAC has been arguing for some time that there should be parity between wages under the National Rural Employment...
More »Lip service to inclusive growth by Praful Bidwai
The key to the United Progressive Alliance’s return to power in 2009 lay in its promise of “inclusive growth” centred on the aam aadmi. On top of the launching of the Mahatma Gandhi National Rural Employment Guarantee Act (NREGA), this gave the UPA immeasurably greater appeal and legitimacy than its rivals. But it also entailed obligations to implement other rights-based programmes, on food security, education and healthcare, among others. The National...
More »Full facts about Thomas were not placed before panel: Vahanvati by J Venkatesan
Was palmolein case file given to selection committee, asks court The Department of Personnel did not place full facts about P.J. Thomas before the high-power committee that finalised his appointment as Central Vigilance Commissioner (CVC), Attorney-General (AG) G.E. Vahanvati told the Supreme Court on Thursday. The department did not mention about a charge sheet that was pending against him in a palmolein import case and that the Kerala government had granted...
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