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Against the grain -Harish Damodaran

-The Indian Express By officially committing to inflation targeting through the signing of a monetary policy agreement between the finance ministry and the RBI, India has joined 28 other countries in explicitly fixing goals for annual increases in the consumer price index (CPI) and pinning responsibility on the central bank for achieving them. Interestingly, among the now 29 countries, India has the lowest per capita income. While there are as many as...

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Unconstitutional exercise of power -Suhrith Parthasarathy

-The Hindu The proposed amendment bill to the Land Act has amendments that are an exercise of state power without reason, with the basis for these changes on assertions of a vague agenda of development. What is equally disturbing is that at least some of the changes that these amendments propose, if passed, would also be patently unconstitutional In his celebrated treatise on constitutional law, H.M. Seervai began a discussion on the...

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With over 18,000 rape accused set free, govt response to Dec 16 film unwarranted: Expert -Aloke Tikku

-Hindustan Times New Delhi: The government decided to Bar the telecast of a documentary by British filmmaker Leslee Udwin on the December 2012 Delhi gang-rape, with home minister Rajnath Singh telling Parliament he was "stunned and deeply hurt" when he heard about the controversial interview of one of the convicts. Rejecting a request from India not to telecast the documentary, the BBC aired it in the early hours of Thursday (Indian time). But,...

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Unseasonal rains damage crops estimated to be worth Rs 10,000 crore -Jitendra

-Down to Earth Crop loss could be to the extent of up to 20 per cent of total production in northern and central states The unusual heavy rains starting Sunday caused heavy damage to Rabi crops in north India, particularly in Bundelkhand region of Uttar Pradesh and Madhya Pradesh, Vidarbha region of Maharastra, Saurashtra region of Gujarat and Punjab and Haryana. The unusual rains started around midnight on the intervening night of Saturday...

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The noise around the land acquisition law -Sreenivasan Jain

-Business Standard The debate over the land ordinance is best located in facts, not hyperbole Somewhat like the winter chill, the season of convenient mythologies continues to hold Delhi in its lingering grip. The latest manifestation is the spat over land acquisition, rendered additionally bewildering by the expedient of the Treasury and Opposition benches having swapped sides between the time the United Progressive Alliance (UPA)'s much derided land Act was passed...

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