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Inflation in double digits, rate hike looks imminent

Driven by spiralling prices of essential items, inflation surged into double digits at 10.16 per cent in May, the highest in the last 19 months, adding to the woes of the common man. Soaring inflation, according to analysts, may prompt the Reserve Bank to tighten liquidity at its quarterly monetary policy review scheduled next month. The essential items which have become expensive, directly hitting the pocket of the common man, include pulses,...

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Directionless in Agriculture by Bharat Jhunjhunwala

The growth rate of agriculture was three per cent and that of manufacturing was 4.5 per cent during the first three decades after independence. The growth rate for agriculture has slipped to 2.8 per cent while that for manufacturing has increased to 6.4 per cent during the last 15 years. Farmers continue to commit suicides across the country. The groundwater level is declining. The country has to import wheat, edible...

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Turnaround of India State Could Serve as a Model by Lydia Polgreen

For decades the sprawling state of Bihar, flat and scorching as a griddle, was something between a punch line and a cautionary tale, the exact opposite of the high-tech, rapidly growing, rising global power India has sought to become. Criminals could count on the police for protection, not prosecution. Highwaymen ruled the shredded roads and kidnapping was one of the state’s most profitable businesses. Violence raged between Muslims and Hindus, between...

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Unequal burden by Jayati Ghosh

Increased representation for women can unleash a broader process that can be set in motion by the strength of sheer numbers. One measure of whether it is important to have women in important policy formulation roles is to examine how a largely male-dominated system of government has served women. It turns out that India performs very poorly in this regard. Despite a few heartening examples to the contrary, in general Indian...

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Gathering Storm by Ajit Sahi and Rana Ayyub

UNLESS THE prices of vegetables skyrocket and become a scandal — as they have over several weeks now, or as did the price of sugar last year — little in the out-of-sight world of Indian agriculture excites the imagination of the city folks, who influence, rather disproportionately, everything from government policies to newspaper content. Few of those who enjoy a hearty meal and wax lovingly on their favourite dishes can...

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