-The HIndustan Times There is concern again about missing persons and bodies found in canals in Haryana. Surfacing of such bodies in Punjab’s canals has figured in media reports for years. But neither Punjab nor Haryana police take interest in retrieving the bodies, as the recovery involves reporting it, then attempting to identify it and locating the kin, cremation and maintenance of a record. Pushing bodies downstream eliminates all this bother. But...
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Nearly 870 million people chronically undernourished, says new UN hunger report
-The United Nations Almost 870 million people, or one in eight, are suffering from chronic malnutrition, according to a new United Nations report released today, which shows a sharp decline in the number of undernourished people over the past two decades, but warns that immediate action is still needed to tackle hunger particularly in developing countries. The State of Food Insecurity in the World 2012 (SOFI), which was jointly published by the Food and...
More »Cabinet to consider FDI in pension, insurance
-PTI In another round of big-ticket reforms, the Union Cabinet will consider on Thursday raising the FDI cap in insurance sector to 49% and opening the pension sector to foreign investment besides creation of a National Investment Board. The Cabinet will also consider a number of other crucial measures like giving more powers to commodity market regulator FMC, Competition Bill to bring all sectors under Companies Act, and model tripartite agreement for operationalising...
More »A claim to shame -Sitaram Yechury
-The Hindustan Times In response to the widespread protests and the nation-wide hartal last Thursday, Prime Minister Manmohan Singh addressed the nation on Friday and tried to explain why these decisions had become inevitable. The thrust of his argument was, “We need a revival in investor confidence, domestically and globally.” For this, the current high fiscal deficit must be contained and, hence, the hike in the prices of diesel and cap on...
More »Oil PSUs: Decoding the math of loss or under-recovery and what it means-Avinash Celestine
-The Economic Times How right was the government when it stated that the under-recoveries posed a threat to 'our national economy'? Or when the government says that it gave more to the sector in the form of subsidies than it earned as fuel taxes? The government would also like you to believe that the under-recoveries, dependent as they are on the price of crude in the international market, and the exchange...
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