-PTI Competition watchdog CCI has imposed Rs 317 crore in penalties on three companies, including agro-chemicals major United Phosphorus, for collusive bidding to supply ALP tablets to Food Corporation of India (FCI). The aluminium phosphide (ALP) tablet manufacturers -- United Phosphorus, Excel Crop Care, and Sandhya Organics -- have been fined 9 per cent of the their three years' average profits. ALP tablets are used by the FCI for preserving its central pool...
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Right to Education is the wrong thing for the right reason
-The Economic Times At the peak of Anna Hazare fever last year, anybody disagreeing with his message or prescription was branded pro-corruption. Over the last few weeks, anybody expressing disappointment at the Supreme Court upholding the Right to Education (RTE) Act is being branded anti-poor or elitist. This is unfair and unnecessary: dissent is not treason. The supporters of Anna and RTE have similar traits: impatient, intellectually certain and more interested in...
More »South Asia to receive average monsoon this year
-Reuters India may have average rainfall in 2012 despite fears the El Nino weather pattern may emerge in the second half of the season South Asia is likely to receive average monsoon rains in 2012, a global forum relied on by governments for forecasting said, erasing the possibility of any drought in the region and India, which is a major consumer and producer of farm commodities. "The region is likely to receive average...
More »Public goods as the way to welfare-Pulapre Balakrishnan
There is evidence to show that growth is slowly becoming inclusive. But for the quality of life to improve, incomes must be complemented by infrastructure. For close to at least five years now inclusive growth has had a central place in the official discourse on the economy. The UPA II has itself worn its self-proclaimed success in delivering an inclusive growth as a badge of its effectiveness, not to mention its...
More »The Ghost’s In The Details, Ma’am-Aakar Patel
Arundhati has got it all wrong—the facts speak out against her romantic notions of the tribals’ fight Nirad C. Chaudhary wrote in The Continent of Circe that India’s tribals were mainly found in hill forests. This was because, he reasoned, they had been chased there by the invading Aryans, who displaced them from their river plains. In an essay published in this magazine (Capitalism: A Ghost Story, March 26), Arundhati Roy...
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