From onions, sugar and coconuts, to tea, pulses, rice and spices, all kitchen ingredients will remain expensive in the New Year as unseasonal rains beyond the monsoon wipe out India’s major crops. Worse, rains are hampering the sowing of winter wheat, coarse grains and oilseeds, putting further pressure on food inflation that touched a two-and-a-half month high at 14.44% on Thursday. Across the country, farmers are helplessly watching their fields turn into...

The Communist Party of India (Marxist) has described 2010 as a landmark year in Independent India's history in terms of the number of scams. In an editorial in the People's Democracy, party organ, it drew attention to the several disquieting trends that have emerged as a result. The year stood out as one which saw a serious attack on Parliament and the institutions of parliamentary democracy. Apart from the virtual annulling...

The economic resolution adopted by the All India Congress Committee at the Burari session is a reiteration of the party’s last two election manifestos. It combines a commitment to rapid economic growth with that to redistributive policies that would help make the growth process socially inclusive. There is a helpful explanation of the three sources of inflation — excess demand, improved prices to farmers and global commodity price inflation —...

IT WAS a windfall five years ago that taught Panchali Satyavva the power of a lie. It happened one Monday afternoon in Someshwar village of Nizamabad district in Andhra Pradesh. It was raining in sheets and she had just placed a bucket under the steady trickle of water from the roof of her hut. Two men were at her door, holding umbrellas and offering her an unsolicited Rs. 5,000. They...

Haryana Chief Minister Bhupinder Singh Hooda on Wednesday submitted the Working Group on Agriculture Production report to Indian Prime Minister in New Delhi. It is to mention that Indian Prime Minster on April 8, 2010 constituted the Working Group on Agriculture Production under the chairmanship of the Haryana Chief Minister, Bhupinder Singh Hooda and the Chief Ministers of Punjab, Bihar and West Bengal as members to recommend strategies and action plan...