The NAC lies defanged; the markets leap for joy at Manmohan’s & Co’s charge of a ‘new’ economy How swiftly things change. Just a month ago, the great Indian growth story was being written off. Now, the “new economy”, run by the PM-cum-FM, will sift through the rubble of under-seven per cent growth, find the hidden springs of recovery and throw in some reforms for good measure. A top taxman says...
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The Constitution, Cartoons and Controversies Contextualising the Debates by Kumkum Roy
A close reading of the Political Science textbook shows that it is complex, moves beyond pat answers, and treats the Constitution as a living document. It was produced in the light of the National Curriculum Framework 2005, which in itself was a major attempt to democratise education, and reverse the National Curriculum Framework 2000 which was casteist and sexist. Kumkum Roy (kumkumr@yahoo.com) is with the Centre for Historical Studies, Jawaharlal Nehru...
More »UPA’s elbow room to push crucial reforms may shrink
-The Indian Express The Samajwadi Party’s sweep in India’s biggest state, Uttar Pradesh, and Congress’s defeat in Punjab and Goa will further shrink the elbow room the Congress-led UPA government at the Centre has to push through key initiatives such as foreign direct investment (FDI) in multi-brand retail, pension reforms and legislation such as the goods and service tax (GST) that require support from states. The Centre had postponed some of these...
More »Election results 2012: Mamata's front to turn belligerent; PM may lose appetite for reforms by Devesh Kumar
The Samajwadi Party's resounding victory in the Uttar Pradesh assembly polls is certain to add more heft to the Federal Front - the alliance of non-Congress, non-BJP chief ministers put together by West Bengal chief minister Mamata Banerjee. Mulayam Singh Yadav's party was handed a decisive mandate by the electorate, and it will not have to be dependent on Congress, or any other party for its survival. The snub by voters in...
More »Policy Distortions Hurt Agriculture by Bibek Debroy
Food price inflation, and inflation in general, has become less of an issue. But it isn’t an issue that will go away. Give it till June and inflation is likely to inch up again. Competition is a good antidote against price increases. It ensures efficiency and reduces price volatility. Logically, food price inflation should trigger and stimulate agricultural reform, so there is competition and supply-side changes can occur. But in...
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