To many Indians, the word “politician” invariably invokes familiar scenes of din and disruption in Parliament, if not the taint of corruption. Yet from time to time, a little-noticed — and perhaps rather quaint — parliamentary tradition tends to suggest that at least some of India’s MPs may have a place in their heart for issues concerning the ordinary citizen. Of the 79 private members’ bills listed today in the Lok Sabha’s...
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Rural purchasing power waning on inflation, rising input costs-Heena Khan
But non-farm income keeps economy afloat New Delhi, April 25: The rural growth story is slowly losing sheen because of inflation and rising input costs. In fact, rural price level is higher than urban price level. The March Consumer Price Index number for rural India stood at 116.3, while that for urban India stood at 114.6. Mr Ajay Sriram, Chairman and Senior Managing Director, DCM Sriram Consolidated Ltd, says the rural growth...
More »Mischief Minister
-The Economist West Bengal’s populist chief minister is doing badly. Yet she typifies shifts in power in India BUYER’S remorse is common enough in the dusty markets of Kolkata, a delightful if crumbling great city, once known as Calcutta and still capital of the state of West Bengal. Those who buy cheap plastic goods or plaster-of-Paris busts of Rabindranath Tagore, Bengal’s cultural hero, may come to regret their haste. Likewise, many who...
More »Debate on poverty does not alter the reality of declining poverty or strategy to combat it-PP Sangal
The Planning Commission drew flak when it calculated that if an urban person spent 28 per head every day and someone in rural areas spent 22, that was enough to consider them to be above the poverty line. These figures are based on consumption expenditure data collected in the 66th round of NSSO for 2009-10. From these new estimates, using the Tendulkar Committee methodology, the number of poor in 2009-10 was...
More »Putative farmer-friendly policy killing rural prosperity, hurting farmers-TK Arun
Rural India has been denied access to globalisation, penalising farmers and farm labour. For the farmer, the government's policy is best described as Dhritarashtra's embrace. After the Mahabharata war was over, the old king met his nephews, the victorious Pandavas, and embraced them, one by one, in a gesture of forgiving and affection. When, Bhima's turn came, the loving embrace was so tight that it crushed a metal dummy of the second...
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