Almost a year after the state government promised to impose stringent laws to arrest the exploitation of farmers at the hands of private moneylenders, the rate of borrowing has gone up to 36-40% in the state. The laws remain on paper as the government has failed to put in place any regulatory body that could take action against the private moneylenders in the state. Highly-placed sources in the government said, “The...

The Sonia Gandhi-headed National Advisory Council (NAC) has pinned its hopes on the new food minister, K.V. Thomas, to see its version of the food security bill past Prime Minister Manmohan Singh and Planning Commission deputy chairperson Montek Singh Ahluwalia. The NAC’s perpetual grouse was that Thomas’ predecessor, Sharad Pawar, was not only indifferent but also opposed the idea of social inclusion in the food sector, and managed to convince the...

Indian Home Minister Palaniappan Chidambaram is the nation's domestic security chief, overseeing a broad portfolio that includes battling a homegrown Maoist insurgency and routing out terrorists. The 65-year-old, a veteran of the ruling Congress Party who previously held senior economic posts and played a key role in the country's post-1991 liberalization, is considered a future contender for the post of prime minister. Recently, he spoke to The Wall Street Journal. Here...

The Mahatma Gandhi National Rural Employment Guarantee Act — or MGNREGA as it is commonly known — has completed five years. Since its inception, I remember how joyous I was while becoming part of the process of its being passed in the Lok Sabha. In fact, we were restless for the delay in the presenting of the standing committee's report. I felt it took too long a time in deliberating...

The Uttar Pradesh Assembly on Tuesday adopted a resolution that is being seen as an attempt to influence the Lokayukta’s probe into charges of misuse of MLA’s local area development fund by two ministers. Interestingly, the resolution was moved not by the ruling party, but by Pramod Tewari, the leader of the Congress in the Assembly, and it was adopted by voice vote, without even a demand for division. However,...