Would you rather buy a necessity like kerosene or food grains at a subsidy or receive an equivalent amount of cash instead? Would you prefer that the government decides your consumption pattern rather than figuring out on your own how to spend your income? One of the “big ticket” reform items in the budget was the announcement that subsidies on kerosene, fertilizers and Liquefied Petroleum Gas and delivery through the Public...
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United action by TK Rajalakshmi
Trade unions of all hues join forces in an unprecedented manner and present a charter of demands to the government. IN a rare show of unity, and for the first time since Independence, around one lakh workers affiliated to eight central trade unions and national industrial federations, including the Indian National Trade Union Congress (INTUC) and the trade unions of the Left parties, came out on the streets of New...
More »State to scrutinise Forest Rights claims at Posco site
The Orissa government seems to have landed in an embarrassing spot in connection with the submission of report to the Union ministry of environment & forests (MoEF) on the issue of compliance with Forest Rights Act (FRA) at the Posco site. Though the state government had exuded confidence to send the report to the ministry before the end of February, claimants of FRA at the project site appeared to have played...
More »Bloggers call content regulation a gag on freedom by Srividya Iyer
A proposed government move to regulate content on blogs has ignited a firestorm of protest from the blogging community which is accusing the government of restricting free speech and acting like the guardians of a police state. At the heart of the issue is the Indian IT Act which was amended in 2008 to incorporate the much-needed changes to clarify the legal position of intermediaries or those who provide web-hosting...
More »Bad debts on farm loans pile up by Pradeep Thakur
The government has enhanced credit to the agriculture sector by Rs 1 lakh crore in the Budget but the pressure to meet the target has been showing on the bottom lines. All government banks are reporting an increase in their bad debts on farms loans ranging between 80% and 2000% in the first nine months of 2010-11. State Bank of Bikaner and Jaipur reported the highest increase in non-performing assets...
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