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Subsidy on fertilizers slashed

-The Hindu The move may save the government around Rs. 5,000 crore   The Union Cabinet, on Wednesday, gave its go-ahead for slashing the subsidy on phosphatic and potassic (P&K) fertilisers for this fiscal. The move is expected to save the government around Rs. 5,000 crore. The decision to cut subsidy has been taken in view of falling global prices. Despite the reduction in subsidy, the government is hopeful that the maximum retail price (MRP) of...

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Urban-rural gap in literacy rates on the decline -Yatish Yadav

-New Indian Express The latest statistics from the 2011 Census showed a positive development in female literacy. More number of females have become literate compared to males in the decade 2001-2011. Any person aged 7 and above is considered literate, if he or she can read and write, with understanding, in any language. The largest increase in literacy rate was noticed in Dadra & Nagar Haveli by 18.6 points - significant growth...

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Freedom that must have limits-Vaishna Roy

-The Hindu "Freedom without limits is just a word" -Terry Pratchett Kamlesh Vaswani's PIL seeking to ban the viewing of pornography and make it a non-bailable offence has raised eyebrows. Columnists and social media commentators have greeted the idea with shock, raising issues such as social liberty, sexual freedom, and the fact that the mere banning of pornography might not bring down the incidence of rape. On the surface of it, this sounds...

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The Political Economy of Shadow Finance in West Bengal-Subhanil Chowdhury

-Economic and Political Weekly The Saradha group's collapse has possibly bankrupted lakhs of small investors robbing them of their life svaings, and has rendered thousands of its agents jobless. The scam highlights the failure of the government and its regulatory agencies to reign in the mushrooming chit fund companies in West Bengal. It also brings under the scanner the Trinamool Congress' proximity with the tainted group. In the wake of the...

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The Mamata Banerjee story is over...-Aditi Phadnis

-The Business Standard A trail of unfulfilled promises follow her in rural and urban Bengal The furious letter-writing since 2010 about the chit fund industry in West Bengal suggests that everyone knew the industry was going to implode. Bengal has one of the highest rates in small savings, Trinamool Congress (TMC) leader Somen Mitra wrote to the prime minister in 2011. The state buys the highest number of new life insurance policies, and...

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