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...
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Seasonal variations in food prices dropped: RBI study
-The Economic Times If food inflation seems to be pinching more, it is because vegetable prices barely decline in winters, milk rises through the year and egg prices remain high in summers - all because of rising demand. Over the years, the seasonal variation in prices has dropped and consumers do not have the option of shifting to cheaper produce to keep daily costs down, says a recent Reserve Bank of India...
More »Boomtown Troubles by Ashok Malik
IT IS one of the inspirational legends of Indian journalism that James Hickey, founder and editor of the Bengal Gazette — this country’s first newspaper, with its first edition going back to January 1780 — was a fearless seeker of the truth, taken to court and imprisoned by Warren Hastings, then governor-general. Reality is a little different. Hickey’s paper was often a gossipy, yellow rag. It thought nothing of publishing scurrilous...
More »Mamata sets seven-day deadline to Maoists
-The Hindu Making no reference to the month-long conditional “ceasefire offer” from the West Bengal leadership of the Communist Party of India (Maoist), Chief Minister Mamata Banerjee on Saturday gave a seven-day deadline to the Left Wing Extremists in the Jangalmahal region on her offer of “negotiations if you give up your arms.” During her second visit to the Maoist-affected Jangalmahal region after assuming charge as Chief Minister, Ms. Banerjee claimed that...
More »Exclusive: Where do we take our dead and go, ask Dalits by Yogesh Pawar
If pain had a face, it could be Narayan Sonawane’s. The 45-year-old Dalit farmer keeps scratching a shaving wound on his face till it bleeds, and makes him flinch. The pain, perhaps, momentarily takes his mind off the gruesome reality outside his hut — a seven acre plot that used to be a Dalit cremation ground until a year ago. In June 2010, it was usurped by upper caste Maratha farmer...
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