After nearly 15 straight months of double-digit food inflation, the government announced on Thursday that food inflation had dipped to 9.67% for the week that ended on July 17. That's small consolation for most Indians, particularly the poor, who have seen a relentless assault on their food Budgets that has resulted in essential items being dropped from the menu, giving rise to a whole new enforced "austerity diet". Since no...

Does the government really have any clue about how to go about controlling prices? A quick survey of statements made by everybody from the prime minister downwards shows a picture of groping in the dark, while handing out empty assurances from time to time. What is worse, it's all smoke and mirrors for the public. Coming as it does from a government that is loaded with top-notch economists, it is...

Dropping her hardline stance on appointment of dalits as cooks in primary schools may soften her image for the ‘janta' ahead of the panchayat polls this year, but Mayawati's sudden move could invite the ire of the state high court. Action, however, will depend on whether a government functionary or a dalit will now come forward to challenge the chief minister's latest diktat. Notably, earlier this year, the UP government approached...

Prime Minister Manmohan Singh said on Saturday that the country needed to cut down on its dependence on debt to finance its developmental programmes and find ways to reduce the current level of subsidies. "The financing of the plan expenditure has depended far too much on debt. This must change," said Singh while addressing a meeting of the National Development Council (NDC), the country's top policy forum. To fund its...

Tripura has continued to remain on top in implementation of Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) while Sikkim came a close second in the 2009-10 fiscal. State Rural Development Minister Jitendra Choudhury told UNI over phone from Delhi today that the State achieved on an average 82 days out of promised 100 days of waged employment to the people residing in the rural areas. Choudhury said the performance evaluation...