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Govt humours MPs, may ban all cartoons in school textbooks

-The Times of India Government on Monday appeared to be considering putting an end to the innovative use of cartoons to make school textbooks more appealing to students. Although a committee set up by the government to look into the use of cartoons is to submit its report on June 15, UPA appeared set to end the experiment altogether. "We believe textbooks are not the place where these issues (cartoons) should be...

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Vegetable prices surge 61%, fuel 7.2% inflation in April

-The Economic Times Soaring vegetable prices pushed inflation higher in April, while fuel and manufactured product prices sustained their pressure posing a fresh policy challenge and announcing the return of price pressures in Asia's third-largest economy. Data released by the commerce & industry ministry on Monday showed the annual rate of inflation, based on monthly wholesale price index, stood at 7.23% for April, 2012, compared to 6.89% for the previous month and...

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In India, an Inflation Dilemma -Anant Vijay Kala

Inflation in India rose above expectations in April, making life difficult for the nation's central bank as it tries to revive an economy facing increased stagflation risks. The Reserve Bank of India last month cut its policy rate for the first time in three years to boost sagging growth. But inflation has remained stubbornly high, raising concerns the economy may be facing a nightmare scenario of slowing growth and rising prices. On...

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Hope springs a trap

-The Economist An absence of optimism plays a large role in keeping people trapped in poverty THE idea that an infusion of hope can make a big difference to the lives of wretchedly poor people sounds like something dreamed up by a well-meaning activist or a tub-thumping politician. Yet this was the central thrust of a lecture at Harvard University on May 3rd by Esther Duflo, an economist at the Massachusetts Institute...

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Government to act against political cartoons in school textbooks

-CNN-IBN Cartoons are not a laughing matter for politicians after a 63-year-old cartoon of DR BR Ambedkar led to uproarious scenes in Parliament, forcing the Union Government to apologise. Finance Minister Pranab Mukerjee assured Parliament on Monday that no political cartoons would be allowed in school textbooks and all objectionable material would be withdrawn after there was a ruckus over a cartoon of BR Ambedkar in NCERT class XI social science...

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