-The Business Standard   After lingering tantalisingly close to 10 per cent for about a month-and-a-half, food inflation climbed to double digits for the week ended October 8, signalling that Reserve Bank of India (RBI) may continue with its tight monetary stance in its policy review later this month despite the economy showing signs of a slowdown in growth. As protein-based items turned dearer, wholesale price-based annual food inflation rose by a whopping...

Only in India does redistribution, which keeps the poor and marginalised out of the mainstream of the economy, pass for inclusive growth. In much of the rest of the world, inclusive growth would mean giving the poor and marginalised a direct stake in the economy with fast-growing industries and Services absorbing them into gainful employment and, thus, making them true participants and partners in the growth process.  But in India, we...

The year 2010 endured 950 natural disasters, 90 percent of which were weather-related and cost the global community well over 130 billion dollars. From wildfires in Brazil to record rainfall in the United States to the severe drought and famine in the Horn of Africa, it has become clear to many that quick and radical decisions need to be made about the world's future.  One of the biggest advocates of this position...

-The Times of India   Team Anna on Tuesday attacked political parties on the issue of corruption. It said that it is campaigning against Congress because it is in power and in a position to bring a strong Jan Lokpal, which will curb corruption across the country. Addressing a public meeting, team Anna members Arvind Kejriwal, said, "Uttar Pradesh has been facing the brunt of corruption for last several decades. The face of...

Used to getting jobs done through contracts, government department assigned budgets under rural employment guarantee schemes have failed to use earmarked funds, while job card holders in the countryside are making the best of what is available. Government documents showed that of the Rs 880 crore funds available under MNREGA for Himachal in 2010-11, ten line government departments under the flagship programme had spent only Rs 15.57 crore till September. Besides a...