-The Economic Times   The Reserve Bank today expressed concern over asset quality of banks and lower credit flow to rural areas, despite the fact that performance of Indian banks improved during the 2010-11 period.  In its report titled 'Trend and Progress of Banking in India 2010-2011', RBI said that the Indian banking sector demonstrated continued revival from the peripheral spill over effects of the recent global financial turmoil in 2010-11, but despite...

Many people including members of Team Anna have expressed reservations about the way in which their campaign has been developing, and some have even resigned. This raises questions about the real aim of the leadership around Anna. Is it really what it is proclaimed to be? Is the aim to get the Jan Lokpal Bill passed by parliament? Team Anna has repeatedly stated that they have just a one-point agenda: to get...

'Food subsidy is a massive burden…if so much is spent on subsidies, what is left for development?' agriculture minister Sharad Pawar recently asked. It is a legitimate question that is on the minds of many but seldom gets asked for fear of appearing callous. Are we prematurely trying to be a welfare State? In the developed world, safety nets like food stamps are regarded as humanitarian obligations toward the poor....

-The Times of India Given the impunity generally enjoyed by perpetrators of communal violence, the imposition of life sentence on 31 rioters for burning alive 33 Muslim victims in Sardarpura in the 2002 Gujaratriots is a milestone in India's history. If the signal goes out that those responsible for heinous communal massacres do not enjoy immunity from prosecution, that in itself will have a salutary effect in curbing their incidence. It's...

-Live Mint   In an unprecedented move, farmers in East Godavari and adjoining districts of Andhra Pradesh declared a crop holiday last season, refusing to cultivate paddy in this fully irrigated region of the state. Farmers say the reason for this drastic step is that cultivating paddy has become unremunerative and they are left with no other choice. The agrarian crisis and its neglect by successive governments are responsible for the low...