-The Economic Times Open-ended consumption subsidies on petroleum products have wrought havoc on government finances. Reportedly, the trio of public sector oil marketing companies have of late blocked some 3.8 million parallel household connections of liquefied petroleum gas (LPG), in a bid to rationalise the subsidy outgo. The move to weed out multiple LPG connections does make sense. But we need to keep the big picture in mind and overhaul the pricing and...
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At Rs 33,000, per capita debt in India increases by 23%
-The Economic Times The per capita income may have gone up by 14% during the last financial year, but the debt burden on every Indian - in the form of the government's debt - went up by 23%, latest official estimates show. According to finance ministry data, the per capita debt in India was estimated at nearly Rs 33,000 at the end of March 2012, compared to a little over Rs 26,600...
More »And not a grain to eat-Brinda Karat
What stops the government from using good harvests to reduce, if not eliminate, hunger? For ordinary folk, a 3 per cent increase in food grain production over that of last year, combined with strong procurement operations and good buffer stocks of rice and wheat would be a cause for some celebration. It would be seen as an opportunity to tackle the widespread food insecurity that exists in India today. Instead, we...
More »Unsold jute bags stack up, but govt OKs import-Deeptimaan Tiwary
Even as the government races against time to procure enough jute bags to store grains in the face of record procurement , gunnysack traders are saddled with massive unsold stocks. A look at the godowns of some traders in the national capital alone shows there is no shortage of jute bags in the country. While the central government has placed an order for four lakh jute bags to be imported from...
More »Land and caste-Ajoy Ashirwad Mahaprashasta
Jatav residents of Ramgarh in U.P. resist attempts by members of a powerful community to grab their land by violent means. IN what could be considered one of the worst incidents of vendetta against Dalits in the National Capital Region (NCR), members of the Dalit Jatav community were beaten up brutally by some members of the dominant Gujjar community in Ramgarh village in the Greater Noida area of Uttar Pradesh...
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