-The Hindu India Against Corruption should realise the ‘aam aadmi’ needs not only decentralised power but also a lofty vision There are two underlying themes of India Against Corruption’s new party: the induction of good people and “people’s power” through consummate decentralisation. The vision document sets out a quest for “swaraj,” people’s right to self-determination. This ideal of self-determination has been conflated with direct democracy. Thus the vision document indicates that “as...

-PTI In another round of big-ticket reforms, the Union Cabinet will consider on Thursday raising the FDI cap in insurance sector to 49% and opening the pension sector to foreign investment besides creation of a National Investment Board. The Cabinet will also consider a number of other crucial measures like giving more powers to commodity market regulator FMC, Competition Bill to bring all sectors under Companies Act, and model tripartite agreement for operationalising...

-The Hindu Political mobilisation along ethnic lines has played a dominant role in reinforcing group differences in Assam, with blatant disregard for the present realities of its demography For the people of Assam, the last few weeks have brought misery upon misery. No sooner had they begun to recover from the floods, than came the riots that have rendered thousands homeless in the Boro Territorial Autonomous District (BTAD). The violence has not...

Sitamarhi, June 16: The Union rural development ministry has approved construction of 6,000km road in Bihar under Pradhan Mantri Gram Sadak Yojana (PMGSY) during the current financial year at a cost of Rs 3,200 crore. Union rural development minister Jairam Ramesh made this announcement after a review meeting with officers at Sitamarhi circuit house today. The minister, who is on a two-day visit to the state, told reporters that the ministry...

Desired outcomes can be reached through a series of ‘imperfect’ small initiatives What is to be done? How can we untie the Gordian knot that has so entangled the political economy of petroleum product prices? This is the question that now exercises our most experienced politicians and our ablest economists. Most well informed people know that a country that imports 80 per cent of its oil requirements cannot de-link itself from the...