-The Hindu   “In a world of growing complexities and uncertainties, not every decision by the government is likely to be the most optimal. The possibility of institutional failures, oversight and ignorance impacting the decision-making process cannot be ruled out,” said Finance Minister Pranab Mukherjee. He was addressing a concluding function here on Wednesday to mark the celebration of 150 years of the Comptroller and Auditor-General of India (CAG). Mr. Mukherjee pointed out that...

Private school admissions may soon see a sweeping change if the government has its way after notifying rules under the Right of Children to Free and Compulsory Education (RTE) Act. While the government plans to ensure 25% reservation for underprivileged children by assigning officials to closely monitor the admission process in all schools, including unaided private Institutions, a proposal to impose a firstcome-first-served rule may do away with preferential admissions...

Here in Delhi, you can buy a litre of petrol for a little less than Rs 69. A cylinder of cooking gas costsRs 405. But there's one state capital where petrol costs Rs 200 a litre and gas a staggeringRs 2,000 a cylinder. That city is Imphal, the capital of our easternmost state, Manipur. Since August 1, the state has been hostage to a withering siege: a blockage of two...

Sivadasan's five-acre farm used to be a solitary patch in Kerala's Palakkad district, with bitter gourd, cucumber, cow peas and lady's finger growing amid a landscape dotted with paddy fields and plantations of rubber and spices.  Just five years later, more than 1.45 lakh farmers in the southern state have joined Sivadasan and started growing vegetables, reflecting a palpable shift sweeping across the Indian countryside.  "Vegetables are always more profitable than paddy,"...

The spurt in farm credit by commercial banks, including regional rural banks, has interestingly not led to any let-up in distress in the agrarian economy -- a mystery that continues to baffle academics, policy planners and, more recently, bankers Last week, a clutch of bankers and policy wonks gathered in Bangalore to review recent trends in farm credit. On the face of it, credit to the farm sector is on an...