Land is contentious. With urbanisation and demand for non-agricultural use, coupled with lack of employment and skills for those in small-holder and subsistence-level agriculture, this is understandable. In western Europe, especially in Britain, and more especially in England, land markets were freed up before the Industrial Revolution and access to education and skills became more broad-based. We haven't introduced reforms that enable people to move out of agriculture, or diversify...
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With No Apologies by Ashok Mitra
The curiosum of a ‘red regime’ with a knack to get re-elected term after term for over more than three decades within the ambit of a full-fledged multi-party democracy has finally disappeared. The Left Front, led by the Communist Party of India (Marxist), has not merely lost the poll in West Bengal, it has been made mincemeat of. Its vote share has come down from close to 50 per cent...
More »Basics of the debt demon by Devadeep Purohit
Mass leaders in India have a tradition of broaching BSP —bijli, sadak and pani — issues to strike a chord during election rallies. However, in almost each of her 150-plus rallies across the state in the election season, Mamata Banerjee deviated from the conventional mix and squeezed into her speech phrases like debt burden, public finance and economic recovery. Whether such esoteric terms found resonance or not, Mamata did get across the...
More »Ex-Jharkhand health secy arrested in NRHM scam by Manoj Prasad
The Central Bureau of Investigation (CBI) on Friday arrested former Jharkhand health secretary Siaram Prasad Sinha in a multi-crore rupee scam in the department. “We are going to prosecute him in the case”,CBI SP S K Choudhary told The Indian Express. The CBI Friday also raided the residence of former health minister Bhanu Pratap Shahi at Bhavnatpur in Palamu in connection with the case. Shahi was not home. Sinha and two other senior...
More »Petrol price may be hiked by Rs 3
A hike in diesel and domestic LPG prices has been deferred for now, but an increase in petrol prices later this week looks imminent. An Empowered Group of Minister (EGoM) headed by Finance Minister Pranab Mukherjee was to meet on Wednesday to consider raising the diesel price by Rs 3-4 a litre and domestic LPG rates by Rs 20-25 per cylinder, but the meeting was deferred without assigning any reason. "No new...
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