A perverse, yet novel reason put forward to explain high inflation is that the poor are eating more as they are becoming less poor. The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) has been extolled for being responsible for higher consumption, which in a way is a vindication of high inflation. The extended logic used here is that if the poor are eating more and we are paying high...

The Supreme Court, while holding that the prohibition imposed by the Centre on non-iodised salt for human consumption is unconstitutional, has however, said the ban will continue for six months. A Bench of Justices R.V. Raveendran and B. Sudershan Reddy (since retired) directed the Centre to review its policy of compulsory universal salt iodisation programme within six months. The programme should be reviewed with reference to the latest inputs and research...

When Sujatha’s husband learned that she had conceived just five months after they got married, he became agitated over what he called her "ill-timed pregnancy". To worsen her husband’s anxiety, a test to determine the sex of the foetus showed she was carrying a girl. Sujatha, a public school teacher, and her husband, a civil engineer – who asked that their full names be withheld – are from well-off and educated...

Despite the much-hyped rural consumption boom and all the social sector programmes of the government, the income inequality between the rural and urban consumer widened to 91% in the first five years of the United Progressive Alliance coming to power in 2004. According to the 66th round of the household consumption expenditure survey released by the National Sample Survey Office (NSSO) on Friday, the per capita expenditure level of the urban...

As we close in on 20 years of Manmohanomics, it's worth remembering one chant the chattering classes uttered, first with pride, later to console themselves. “Whatever you say, we have the most honest man in Dr. Manmohan Singh. And no one can speak a word against him.” It's less heard now — those affections having been transferred to other punters in the honesty sweepstakes. But growing numbers do say this...