-The Economic Times It is not uncommon for Indian companies to encounter situations that require ingenious engineering combined with a uniquely Indian approach to problem solving. Automobile companies around the world have developed some exquisitely advanced diesel engine technologies, but Indian companies had to go one step ahead. More than a decade ago, as Indian car manufacturers began improving their diesel engines, some of their customers tried to reverse their efforts by...

-The Hindu Business Line   Reservations for SC/STs may not impact redistribution as much as they can alter social prejudices and hierarchies. June 5, 2012: This year, India celebrates the 20th anniversary of the 73rd amendment. One of the most striking aspects of the modern Panchayati Raj defined by the amendment is the systematic reservation of political positions (pradhans, sarpanchs, and ward members) for villagers from the scheduled castes and scheduled tribes (SC/ST)....

-The Business Standard MSP hikes will stoke food inflation The government’s new kharif pricing policy, suggesting a steep 16 to 53 per cent increase in the minimum support prices (MSPs) of various crops, is unlikely to fully satisfy farmers even as it will stoke food inflation and swell the food subsidy bill. Approval of the new prices by the Cabinet Committee on Economic Affairs (CCEA) came on the day that inflation numbers...

In a bid to meet burgeoning housing requirements in cities and towns, the Union housing ministry is expected to set up a high-level committee to recommend policy interventions to facilitate creation of rental housing stocks to cater to those who cannot afford to buy houses.  Now, the housing shortage stands at around 27 million units, and estimates suggest that at least 50% is ascribed to people who cannot afford to own...

-The Economic Times The government has increased the minimum support price (MSP) for the kharif season in a range of 16% to 53% to motivate farmers and compensate for higher input costs but the higher purchase prices could stoke food inflation further.  The Committee on Economic Affairs ( CCEA) on Thursday raised the MSP of paddy by Rs 170 per quintal and those of oilseeds like groundnut, sunflower seed and niger seed...