-The Times of India   The BJP-led Opposition on Wednesday launched its attack on the UPA government over the issue of price rise in Lok Sabha. Opening the debate, BJP leader Yashwant Sinha said that the BJP did not want the growth of economy if poor were dying of hunger. "Price rise is the worst kind of taxation on poor. The government should take immediate measures to check price rise" Sinha said. Continuing the...

RV Gumaste, a member of Kirloskar’s project team that set up Bellary’s first iron-making unit in 1994, has never seen such times since he first moved base from Pune 17 years ago. “We will take the burden for our regular employees for some time. But how long?” says the industry veteran, who was appointed Managing Director of Kirloskar Ferrous Industries Ltd in July 2003. The Rs 1,100-crore company has 800...

There is no gainsaying that corruption breeds cynicism which undermines the democratic foundations of our polity. There is no gainsaying, too, that corruption results in a net shift of resources away from the poor. There can therefore be no two opinions about the need for controlling corruption through an appropriate lok pal bill. But the impression is unavoidable that the current hullabaloo about ‘corruption’ constitutes a case of mistaken identity:...

While Congress general secretary Rahul Gandhi is on Bharat Bhraman assuring Dalits, tribals and other unprivileged their share in growth, rural development minister Jairam Ramesh has tasked himself with ensuring party scion’s mark in the government policy. Livelihood compensation for displaced landless on a par with landowners, share in the price appreciation of land with the project, acquisition in strict accordance with the tribal and forest dwellers acts are the...

The Centre's food subsidy bill, incurred mainly on account of reimbursemnet of economic costs to theFood Corporation of India for grain procurement, holding and transportation, has shot up by a whopping Rs 34,738 crore compared to the budgetary allocation for 2011-12. This is mainly due to government buys of a record foodgrain crop in the 2010-11 agricultural year (july-june).The original subsidy for the year was estimated at Rs 47,239.8 crore....