-Kafila.org Almost a century ago, Katherine Mayo published a book titled ‘Mother India’ that criticized the Indian way of living, and Rudyard Kipling spoke of the ‘White Man’s Burden’. These writings reflected the colonial perspective that what colonizers did was in the best interest of the colonized people. Consequently, most well-meaning citizens of colonial powers were alienated from the horrible plight of the colonized. Purpose well served – unopposed exploitation. Years later,...
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Congress raises Rs 1,662 crore in 5 years, BJP Rs 852 crore-Pradeep Thakur
-The Times of India India's GDP growth rate may have dropped in the past few years but that has had little impact on the bottomlines of the country's leading political parties. The coffers of the main parties have been swelling, with the richest amongst them, the ruling Congress, having made a cool Rs 1,662 crore in the last five years till 2011-12 and the BJP in second place with Rs 852...
More »Monsoon covers India, 23% short; cereal production could be hit
-AFP Annual monsoon rains, crucial to India's economy, covered the country on Wednesday but remained 23 percent below average, sparking fears of their impact on two cereal-producing states. The pounding rains that sweep across the continent from June to September are dubbed the "economic lifeline" of India, which is one of the world's leading producers of rice, sugar, wheat and cotton. "The monsoon is covering the entire country today with parts of Gujarat...
More »The growth model has come undone-Mritiunjoy Mohanty
-The Hindu Unsustainable import competition and the end of the investment subsidy that the sale of under-priced resources provided to Indian companies are the main reasons why the economy has slowed down What has been called the ‘golden age’ of India’s economic growth was underpinned by global integration, high rates of investment and savings growth and low current account deficits. The slowdown is characterised by a sharp deceleration in investment growth on...
More »Quarterly watch on ministries-Jayanta Roy Chowdhury
-The Telegraph The Centre has brought back quarterly monitoring of the performances of all ministries and projects after having let the practice lapse into half-yearly reviews about five years ago. Projects and ministries will be set targets and these will be reviewed at three levels — by the PMO, Planning Commission and administrative ministries — plan panel deputy chairman Montek Singh Ahluwalia said today. “We have set quarterly targets for all the ministries...
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