-The Telegraph The Indian economy grew at just 4.4 per cent in the first quarter ended June 30 - its slowest pace in four years. The grim figure deepened worries for the UPA government, which has been battling criticism over its failure to halt the slide in the rupee, cap deficits, ignite Growth and slam the lid on inflation. The tepid Growth had been anticipated with finance minister P. Chidambaram acknowledging a few...
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More students opt for higher education, but even more drop out: Survey -Subodh Varma
-The Times of India NEW DELHI: Higher education continues to be a mixed bag in the country. A countrywide education survey has found that the rate of attendance in the 20-24 age group (corresponding to graduation and above) has recorded the highest rates of Growth in several decades. However, worryingly, the dropout rate has also kept pace. The survey carried out by the National Sample Survey Organisation (NSSO) in 2009-10 was released...
More »Amid slugfest with BJP, PM hints at hiking fuel prices, curbing gold imports
-The Times of India NEW DELHI: The Prime Minister on Friday called for a political consensus on "more difficult reforms", indicating that the government was considering a cut in fuel subsidy, which would mean higher petrol and diesel prices, and bringing in measures to curb gold imports. Making a statement in the Lok Sabha on the current economic situation, Manmohan Singh admitted that the current account deficit had gone up sharply and...
More »Down a slippery slope in Uttarakhand-Bishnu Prasad Das
-The Hindu The devastating landslips were caused by the undercutting of fragile hillsides for highways rather than by dams, which actually helped mitigate the floods The natural calamity of June 16 through 19 that devastated the whole of Uttarakhand and large areas of Himachal Pradesh and western Uttar Pradesh - an area of almost 20,000 sq.km. - was one of extremely rare severity among all the hydro-meteorological disasters to have struck India. Intense...
More »This perverse rage against the poor-Harish Khare
-The Hindu With the economic boom petering out, those who benefitted from it are angry with the government for the Food Security Bill because it is paying attention to the needs of the underprivileged for a change This week's received wisdom insists that the Indian economy has irretrievably collapsed because on Monday, the Lok Sabha passed the National Food Security Bill (NFSB). The Hindu Business Line headline (Aug.28, page 1) said it...
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