-The Economic Times Sometimes, putting one and one together does make 11, but many of us seem hardwired in our thoughts to assume rural income growth is a zero-sum game. For example, some people believe subsidies have driven the 15-20 per cent a-year growth in rural wages over the last five years. They come up with "explanations", including "people are selling land and consuming", "rising minimum support prices", and "NREGA is...
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Index Numbers of Wholesale Price in India (Base: 2004-05=100) Review for the month of September, 2013
-Press Information Bureau The official Wholesale Price Index for ‘All Commodities' (Base: 2004-05 = 100) for the month of September, 2013 rose by 1.2 percent to 179.7 (provisional) from 177.5 (provisional) for the previous month. INFLATION The annual rate of inflation, based on monthly WPI, stood at 6.46% (provisional) for the month of September, 2013 (over September, 2012) as compared to 6.10% (provisional) for the previous month and 8.07% during the corresponding month...
More »Trail of death in chit fund collapse -Falguni Banerjee & Sanjib Chakraborty
-The Times of India CHINSURAH/SODEPUR: The body count in the aftermath of the Saradha collapse keeps going up. A director of a micro-finance company was murdered at his home in Hooghly's Chinsurah on Monday even as the father of a chit fund agent hanged himself after being beaten and humiliated by cheated depositors in Sodepur on the northern outskirts of Kolkata. This is the eighth suicide since the Saradha Group meltdown ruined...
More »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...
More »JPC draft report turns heat on NDA govt
-The Business Standard Says licence terms extended to 15 years on advice of erstwhile Industrial Credit and Investment Corporation of India, a lender to many telcos Giving a clean chit to Prime Minister Manmohan Singh on the 2G spectrum allocation case in 2008, the Joint Parliamentary Committee (JPC) that looked into telecom spectrum allocations has turned the heat on the numerous decisions taken in the sector between 1998 and 2004, during...
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