-The Business Standard Demand-side control cannot be an answer beyond a point to India’s persistently high food price inflation, the World Bank said on Monday. Consumer price-based food inflation in India has been at 10-20 per cent for quite a long while, noted its report on ‘Food inflation in South Asia’. The Bank’s chief economist for the region, Kalpana Kochhar, said controlling inflation in India was a difficult job for the Reserve Bank...
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Flowing The Way Of Their Money by Lola Nayar
Do agencies like the Ford Foundation push their own agenda through the NGOs they support? It’s often said, tongue in cheek, that India’s “shadow” government works out of the nondescript, low-slung buildings abutting the Lodhi Garden in Delhi. That’s partly hubris, but it also stems from being close to the centre of power. This rarefied zone houses powerful “cultural” institutions like the India International Centre, as well as a host...
More »Should Bihar celebrate? by Sreelatha Menon
The only bright spot in the latest Census, 2011, was the data on literacy. It seems to be increasing by leaps and bounds. In fact, one would imagine that walking into the forests of Jharkhand, the first man you meet will know how to read and write fluently in Hindi or the local dialect. Or, Bihar which will receive a trophy from the President for achieving the highest growth in literacy...
More »Iron ore mining firms get Rs 140-cr jolt by Mahesh Kulkarni
Karnataka finds large-scale violations of state laws in its three districts. Karnataka has imposed Rs 140 crore in penalties on 13 iron ore mining companies in Tumkur for encroaching on government land and dumping mineral waste, thereby causing damage to the environment. “We have conducted a suo motu joint survey with the departments of mines and geology, forest and revenue in Tumkur district and found that 13 iron ore mining companies have...
More »Hungry tide threatens state by Subhashish Mohanty
The next 72 hours will be crucial for the state as it battles to keep its head above rising floodwaters in the Mahanadi basin. Authorities kept an anxious watch on the situation today as Hirakud town was cut off from Sambalpur and the Pipli-Konark road was closed with several rivers still in spate. The government directed collectors of the 19 flood-hit districts to close down schools and colleges in the marooned...
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