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Inflation in double digits, rate hike looks imminent

Driven by spiralling prices of essential items, inflation surged into double digits at 10.16 per cent in May, the highest in the last 19 months, adding to the woes of the common man. Soaring inflation, according to analysts, may prompt the Reserve Bank to tighten liquidity at its quarterly monetary policy review scheduled next month. The essential items which have become expensive, directly hitting the pocket of the common man, include pulses,...

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‘Right to Education Act a potent tool to curb child labour'

Education for all, concerted efforts to reduce poverty, enhancement of social protection and political commitment have been identified as some of the measures to tackle child labour. On the occasion of World Day Against Child Labour on Saturday, several agencies including the National Commission for Protection of Child Rights (NCPCR), International Labour Organisation, UNICEF, UNESCO and the corporate sector hailed the Right of Children to Free and Compulsory Education Act (RTE)...

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People-friendly growth by BG Verghese

The Supreme Court on May 7 ruled that natural resources were national assets that belonged to the people and were ideally exploited by public sector undertakings. This obviously implies that local communities, including tribals, living on mineralised land, enjoy entitlements but not prescriptive ownership rights to such national assets. This is an important reiterative clarification defining mineral rights in Fifth Schedule areas that are currently in contention. Whether PSUs should...

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‘India lags in mom, child mortality fight’ by Subodh Varma

At the beginning of this millennium in year 2000, 189 countries and 23 international health agencies had pledged to reduce child under-5 mortality by two-thirds and maternal mortality by three-fourths by 2015. These were called the Millennium Development Goals (MDGs) number 4 and 5. With only five years left for the target year, a clutch of international health agencies and NGOs have come out with ‘‘Countdown to 2015 — Decade...

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The ugly side of land acquisition in India

"India lives in several centuries at the same time. Somehow we manage to progress and regress simultaneously." Arundhati Roy Controversies, protests and violence have marred land acquisition for projects in India. Protests against acquiring agricultural land, inappropriate compensation or environmental impact have been the main reasons for these protests. In most cases, the protests are by farmers who are hardly compensated after their fertile agricultural land is taken over in for...

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