Wholesale price-based inflation rose to 9.89 per cent in February from 8.56 per cent in the previous month due to increase in prices of certain food items such as sugar and the hike in excise duty on fuel announced last month. Sugar prices rose by 55.47 per cent in February year-on-year while potatoes turned costlier by 30 per cent and pulses by 35.58 per cent. Among fuel items, petrol prices...
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Rubbing off sindoor, girl revolts against dowry
A village girl in Burdwan stormed out of her wedding venue today though the rituals had been completed and, rubbing off the sindoor on her head, said she did not accept the marriage because the groom’s family was demanding a huge dowry. The boy, owner of a car rental agency, was garlanded with shoes by angry villagers and was being kept confined at a local temple along with his sister and...
More »Prof. Prabhat Patnaik (JNU) interviewed by Pragya Singh
The economist and political commentator who was appointed to a four-member team of the UN to recommend reforms to the global financial system critiques Budget 2010 Economist and political commentator Prabhat Patnaik, currently vice-chair of the Kerala Planning Board, is a strong critic of the government’s economic policies. In 2008, Patnaik, who has taught at JNU since the 1970s, was appointed to a four-member team of the UN to recommend...
More »Bank at your doorstep
Technology is helping public sector banks find customers in rural India. This is part of the Centre’s efforts to include villages in the organized financial system; to ensure they are not cheated of their wages. Pilots show promise The current state of rural banking in the country is poor. A recent report, by the National Sample Survey Organization, revealed that 51.4 per cent of the 89.3 million total farmer households in...
More »Farmer suicide rate: 5 a week by Sanjeev Kumar Patro
The bane of farmers’ suicides has taken Orissa in its vice-like grip with five ending their lives in every seven days. The trend has grown by over six per cent in 2008 as the State has climbed the ladder at a notoriously fast pace to rank 12th of the 28 states with most farmer deaths, the statistics released by the National Crime Records Bureau has revealed. The growth is over 40...
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