-The Hindu Business Line   Input subsidy expenses not contributing to boost productivity The World Bank has said that South Asia's foodgrain stock management, especially in India, needs to improve to tackle inflation. In its focus on food inflation in South Asia, the bank said that high stocks have led to high wastage due to inadequate storage capacity and technology. According to World Bank's estimates, the Food Corporation of India lost 10-16 million tonnes...

*Rs 19,000 to Atria Hotel for ‘Nithin Gadkari sir friends’ on August 31, 2010. *Rs 44,000 for a money counting machine on September 9, 2010. *Rs 10,000 for the wedding of a journalist’s son. *Footwear for G Janardhan Reddy’s son. As the CBI pursues former Karnataka minister G Janardhan Reddy and his illegal mining activities, details emerging from the computers and diaries of close associates of the mining baron are providing investigating agencies a...

There are structural aspects to a problem as complex as corruption. These cannot be tackled through punishment alone. Just as our society tends to latch on to holy men for miracle cures, in recent weeks, the urban middle classes have placed great hopes on an anti-corruption movement led by a pious man in a Gandhi cap. (The other claim on leadership by a holy man in red robes did not...

Dr. Tishyarakshit Chatterjee, Secretary, Ministry of Environment & Forests (MoEF), recently underlined the need to design carbon markets to address the short-term needs of investors in manufacturing, save fossil fuels for the future and meet the compulsions of environmental probity, sustainability, entrepreneurship and innovation over a long period. Addressing the India Carbon Market Conclave 2011, organized jointly by FICCI and the MoEF, in partnership with The World Bank and the International...

Who can forget Munshi Premchand's short story 'Do Bailon Ki Katha' that immortalizes the incredible bond an Indian farmer has with his bullocks? The economics of Indian farming and animal husbandry, however, are ensuring that this bond might live only in such fables. As will the sense of gratitude and pride with which rural India worships its bullocks on the day of Pithori Amavasya, also known as Bail Pola in...