MANMOHAN SINGH AND ECONOMICS Sanjaya Baru’s article "The economist as saviour", an account of Prime Minister Manmohan Singh’s economics could have juxtaposed specific issues of economic policy with Dr. Singh’s stance on them. Sanjaya Baru’s article “The economist as saviour” (editorial page, The Hindu, July 4, 2012), an account of Prime Minister Manmohan Singh’s economics could have juxtaposed specific issues of economic policy with Dr. Singh’s stance on them. What we...

-The Times of India BOLPUR/NEW DELHI: The Prime Minister's office on Monday took serious note of an incident where a Class-V student of Visva-Bharati's Patha Bhavan school was forced to lick her urine as punishment for bedwetting. The PM is the university's chancellor and his office has asked for a report. The National Commission for Protection of Child Rights too has slapped a notice on the state government asking for a...

-The Telegraph Acquiring land for special economic zones may become tougher. The rural development ministry has redrafted the Land Acquisition, Rehabilitation and Resettlement (LARR) Bill with a provision that says the proposed law would apply to land acquisition under the Special Economic Zone Act, 2005. This means if the redrafted bill is passed, landlosers will have to be consulted and their consent taken before their land can be acquired under the SEZ Act,...

-The Hindu Unsustainable import competition and the end of the investment subsidy that the sale of under-priced resources provided to Indian companies are the main reasons why the economy has slowed down What has been called the ‘golden age’ of India’s economic growth was underpinned by global integration, high rates of investment and savings growth and low current account deficits. The slowdown is characterised by a sharp deceleration in investment growth on...

The NAC lies defanged; the markets leap for joy at Manmohan’s & Co’s charge of a ‘new’ economy How swiftly things change. Just a month ago, the great Indian growth story was being written off. Now, the “new economy”, run by the PM-cum-FM, will sift through the rubble of under-seven per cent growth, find the hidden springs of recovery and throw in some reforms for good measure. A top taxman says...