-Hindustan Times Sharmilla Dar, a government schoolteacher in east Delhi, is irritated about a sudden surge in vegetable prices in the last week after they had cooled considerably since a year ago. "Why can't the government keep things affordable?" she asks. For middle-class consumers, food inflation worries are creeping back in. The farm sector is hurting badly after a full year of unprecedented weather havocs - from a partial drought last summer...
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Against the grain -Harish Damodaran
-The Indian Express By officially committing to inflation targeting through the signing of a monetary policy agreement between the finance ministry and the RBI, India has joined 28 other countries in explicitly fixing goals for annual increases in the consumer price index (CPI) and pinning responsibility on the central bank for achieving them. Interestingly, among the now 29 countries, India has the lowest per capita income. While there are as many as...
More »BJP’s poll funds equal other parties’ put together
-Hindustan Times The BJP had received as much money in donations as all other national political parties combined for the 2014 general elections that it won with a sweeping verdict, says a report by the Association for Democratic Reforms (ADR). The ADR report said the BJP collected Rs 560 crore as against Rs 350 crore by the Congress, around Rs 77 crore each by NCP and the BSP and Rs 65 crore...
More »Improving an unworkable law -Sanjoy Chakravorty
-The Hindu For the land-acquirer, the land act ordinance tries to lessen the indirect price of acquisition and transaction by diluting requirements for social impact assessments and referenda. For the land-loser, it not only retains all forms of compensation and rehabilitation, but also grows the number of those eligible for lucrative pay-offs The government of India continues to search for the right way to do land acquisition. Last week, the Union Finance...
More »Jairam Ramesh hits out at intellectuals who 'romanticise Maoists' -Sagarika Ghose
-CNN-IBN New Delhi: Rural Development Minister Jairam Ramesh has spoken out strongly against intellectuals who "romanticise Maoists". While admitting there is need for focused development in the tribal areas, he said there is no possibility of a dialogue with Maoists as they don't believe in Indian democracy. "You can have a dialogue with people who want to have a dialogue. Maoists are not here for tribal welfare," Ramesh said. While speaking exclusively...
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