Faced with stark hint from Trinamool boss Mamata Banerjee that she might act independently of UPA in the presidential poll if her demand for financial relief for West Bengal was not conceded in a "few days", the Centre has scrambled to find ways to organize assistance for debt-stricken state. Officials handling the task now say they can rush relief to Bengal without having to seek a clearance from the Finance Commission....

Remote controls are identified as technical devices which are used for various purposes ranging from the launching of space-ships to the monitoring of toy cars. But of late, these devices are being used to direct policies for nation states which are formally sovereign. We speak here of the powerful lobby of international credit rating agencies like Standard and Poor's (S&P), which has just delivered its sermon that India is no longer...

-The Economic Times A parliamentary standing committee has taken a grim view of constant pruning of Budget of agriculture ministry. It has asked the Centre to adopt a fresh outlook towards allocation of finances to the sector as it sustains economically weak farming community.  The parliamentary panel examining the demands for grants of agriculture ministry found that in the Eleventh Plan there was a wide difference between proposed Budget estimate (BE) of...

-The Times of India   Bihar seems to be becoming a pensioners' paradise with the state spending the highest amount on account of pension among all states, 48% of its revenue earnings. Along with some north-eastern states, Bihar's expenditure on pension, administrative services (salaries etc) and interest payments adds up to more than its total revenue generation.  According to Budget documents of state governments, Bihar is the only one among non-special category states...

A campaign to help the elderly spend the evening of their lives with dignity and without want is being launched by Pension Parishad with a dharna in Delhi from May 7th to May 11th 2012 at Jantar Mantar, New Delhi. The idea is straight and simple, and is something whose time has come. Just read on and reach the venue for more information and interviews with the campaign participants.   “One...