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Pulling manufacturing out of the rut-Arun Maira

-The Hindu It is the only sector that can create jobs and prevent the economic crisis from deepening In the last two decades, the Indian economy has witnessed a transformational change to emerge as one of the fastest growing economies in the world. Economic reforms unveiled in 1991 have brought about a structural shift enabling the private sector to assume a much larger role in the economy. GDP growth has largely been...

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In the name of socialism-Kanwal Bharti

-The Hindu Despite deriving their power from Dalits and the marginalised, the principal parties in Uttar Pradesh have turned away from the real issues confronting these sections, says Dalit writer Kanwal Bharti on his recent arrest My recent arrest has superbly exposed the well crafted illusion of socialism as professed by the Samajwadi Party (SP). I was arrested under Sections 153 and 295 A of the Indian Penal Code for criticising the...

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Can't sustain all subsidies, says SC, underlines need for fiscal prudence -Utkarsh Anand

-The Indian Express The Supreme Court on Monday advocated a "balanced approach" on subsidies so that the country's "economy not just survives but also thrives". The court upheld the decontrol of diesel prices for bulk consumers, who had challenged the government's policy in various high courts. Some of these cases had travelled to the Supreme Court. "We have to keep in mind that the rupee is going down against the dollar....

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The gritty detail-Balakrishnan Rajagopal

-The Indian Express Manual scavenging laws will need to be supported by better sanitation policies. The recent passage of the Prohibition of Employment as Manual Scavengers and their Rehabilitation Bill by Parliament is a welcome, long-overdue step in the right direction. The bill replaces the outdated and rarely implemented 1993 law, which purported to abolish manual scavenging. It has been passed primarily due to a sustained campaign by thousands of former women...

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Onions drive inflation to six-month high at 6% in August-Somesh Jha

-The Business Standard Central bank chief Raghuram Rajan likely to retain stance later this week, say economists Inflation in onions skyrocketed to 244.62% in August against already high 119.4% in the previous month, jacking up the the rate of wholesale price rise to a six-month high of 6.10% from 5.8% in July, official data showed today. Ironically, onion prices can't be brought down by interest rate policy, but it is all set to...

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