The class bias in government policy is clear in the decision to release a small amount of foodgrain in the open market to tackle inflation. MOST people would agree that there is a strong element of speculation underlying the current inflation and that forward trading contributes to it. Yet the government, though it has banned forward trading in certain commodities under public pressure, is curiously reluctant to see this point....
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Of margins and the marginalised by Jayati Ghosh
The countrywide share of corporate retail in food distribution tripled in the past four years when retail food prices showed the greatest increase. THE dramatic increase in food inflation over the past two years has been associated with several surprises. One major surprise has been how the top economic policymakers in the country have responded to it. The initial response was one of apparent disbelief, followed very quickly by the...
More »EC in balancing act after bias hint by Meghdeep Bhattacharyya
The Election Commission is set to do a balancing act by again sending an observer team to Bengal, this time to assess the situation in places where Left supporters have been the “victims”. The move follows the CPM’s complaint that the previous team had visited only the areas suggested by the Opposition. “We are ready to send another team to Bengal next week. This time, the team will visit sensitive zones where...
More »170 held in crackdown on mafia by Vinaya Deshpande
Lone absconding accused arrested Co-accused produced in juvenile court As 15 lakh State government employees and gazetted officers went on strike on Thursday to protest the gruesome killing of Additional Collector of Nashik Yashwant Sonawane, the State government cracked the whip on the oil, sand and milk mafia in the State. “In the last 36 hours, we have arrested 170 persons in raids conducted across the State,” K.P. Raghuvanshi, Additional Director-General of Police,...
More »Full facts about Thomas were not placed before panel: Vahanvati by J Venkatesan
Was palmolein case file given to selection committee, asks court The Department of Personnel did not place full facts about P.J. Thomas before the high-power committee that finalised his appointment as Central Vigilance Commissioner (CVC), Attorney-General (AG) G.E. Vahanvati told the Supreme Court on Thursday. The department did not mention about a charge sheet that was pending against him in a palmolein import case and that the Kerala government had granted...
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