There are two messages, one good, the other, bad, in the latest poverty numbers released by the government. The good news first. It is obvious that poverty has declined in aggregate terms, both in rural and urban India. At a national level, it has declined by 7.4 percentage points from 37.2% in 2004-05 to 29.8% in 2009-10; rural poverty, over the same period, has declined from 41.8% to 33.8%, and urban...
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B-schools out of business-Basant Kumar Mohanty
Some 134 private management institutes have this year sought technical education regulator AICTE’s permission to close down citing a lack of students, strengthening a trend that began last year. Government academics blamed the dwindling student interest in these private institutes on the “substandard education” they offer. B- school promoters, however, put the blame on the AICTE, saying the way it had allowed private management colleges to mushroom had led to supply...
More »New trends of killing the girl child-Kavita Kumari
-ANI The U.N. Department of Economic and Social Affairs report indicating that India is not a safe place for the girl child hit the headlines in many newspapers and news channels in the country. Indian society has been known for its preference for the male child. Among the 150 countries surveyed, including countries classified as LDR (Less Developed Regions), India has the highest rate of female child mortality. According to this new data -...
More »Politics of violence by Suhrid Sankar Chattopadhyay
West Bengal: The murder of two CPI(M) leaders in Bardhaman district points to an increase in political violence in the State. THE brutal murder of Pradip Tah, a former legislator belonging to the Communist Party of India (Marxist), or the CPI(M), and Kamal Gayen, another senior leader of the party, in broad daylight, allegedly by Trinamool Congress supporters, in West Bengal's Bardhaman district on February 22 once again points to an...
More »Vodafone-Hutch deal: Retrospective change to I-T Act-Nikhi Kanekal and Kian Ganz
The government introduced a retrospective clarification to the Income-Tax (I-T) Act, 1961, virtually amending the law to ensure that cross-border transactions such as the $11.08 billion (around Rs55,735 crore today) Vodafone-Hutchison deal are taxable. The Supreme Court had ruled this deal as not being taxable in India. The amendment becomes crucial because a review petition by the government on this case is pending before the Supreme Court, which might now have...
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