-The Economic Times A change in the national accounts, slated to take place sometime in the next two years, will show that a resurgent farm sector is now the second biggest contributor to the economy, displacing manufacturing and financial services. The unexpected reversal is not just a statistical artefact. Instead it is an outcome of a change in the terms of trade, the price of agricultural produce compared to industrial output since...
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Trains to northeast arrive filled with 'refugees' in their own homeland
-The Hindustan Times The images bore an uncanny resemblance to Partition snap-shots. Trains packed with people barely able to find standing room, ferrying refugees in their own land. Even the overflowing toilets were choc-a-bloc with panicky residents of the North-East. Everyone fleeing an unknown enemy, everyone desperate to get back to the security of their own homes. Two trains from Bengaluru chugged into Howrah station on Friday carrying thousands of passengers en route...
More »CAG estimates: Our likely loss Rs. 38,00,00,00,00,000
-The Hindustan Times Indian taxpayers may have lost as much as Rs. 3.8 lakh crore in scams in the power, aviation and coal sectors over the past eight years, the country's state auditor said in reports tabled before Parliament. The Comptroller and Auditor General charged the government with allotting coalfields and land for power projects and Delhi’s airport to private firms at a fraction of the market price, bringing the corruption issue...
More »Assam Muslims blame AIUDF chief for violence in state-Digambar Patowary and Sanjib Kr Baruah
-The Hindustan Times Indigenous Assamese Muslim groups joined the All Assam Students Union (AASU) on Friday in charging the All India United Democratic Front (AIUDF) chief Badruddin Ajmal with fanning communal sentiments in the wake of the recent violence in Assam. Sadou Asom Gariya – Moria Desi Jatiya Parisad (SAGMJP), an influential body of about 25 lakh Assamese Muslims, held Ajmal responsible for Northeast students and workers leaving Maharastra, Karnataka, Andhra Pradesh...
More »Maruti sacks 500, to open on August 21
-The Hindustan Times Maruti Suzuki on Thursday said it would restart production at its violence-hit factory in Manesar, Haryana on August 21 and dismiss at least 500 permanent workers. The workers to be sacked include the 154 in police custody for the July 18 violence, which left senior HR executive AK Dev dead and at least 96 officials injured. “Through internal enquiries, we have identified at least 500 permanent workers who, we...
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