An opportunity has been forsaken to strengthen our economic fundamentals while improving the lives of the people, increasing the divide between India Shining and India Suffering. While the people were hoping for relief in the current budget, the Finance Minister was faced with the task of reversing the slowing growth rate and raging inflation. He had a choice in this budget. He, however, chose a path that is going to worsen...

Token relief to individual taxpayers will cost the exchequer Rs. 4,500 crore In a “pragmatic and domestic growth-oriented” budgetary exercise aimed at shoring up investor confidence and investment, Union Finance Minister Pranab Mukherjee on Friday sought to tap indirect taxes, especially service tax, to rake in an additional Rs. 45,940 crore into his kitty. Presenting the budget for 2012-13 in Parliament, Mr. Mukherjee provided a token relief to individual taxpayers that will cost...

Is the majority of India veg or non-veg? Well, contrary to impression, the land of Gandhi and Buddha is predominantly non-veg. It may well have been majority vegetarian country at some point of time but the new trend is that more and more people are taking to non-vegetarian diets. A new policy paper, “Veg or Non-Veg? India at the Crossroads,” published by Brighter Green, a New York-based public policy action...

An internal enquiry by the ministry of external affairs into the dubious manner in which sub-standard gifts for foreign dignitaries were acquired by its protocol division is being conducted at a leisurely pace by the ministry’s vigilance department.  The enquiry, which has been going on for the past two months, is yet to pin responsibility on the officials behind the scam that took place in contravention of proper procedures and in...

-CNN-IBN   Prime Minister Manmohan Singh released the first-ever citizens' report on child malnutrition in the national capital on Tuesday. "The problem of malnutrition is a national shame," the Prime Minister said. The statistics in the HUNGaMA (Hunger and Malnutrition) report say that every third malnourished child on the planet is an Indian. The report, on the survey conducted by Naandi Foundation, has been made at the insistence of the Citizens' Alliance against...