-PTI South-west monsoon, the key to the agriculture driven trillion-dollar Indian Economy, on Tuesday brought showers to Kerala bringing much-needed relief to farmers. "Monsoon has reached Kerala," a top meteorological department official said. Kerala usually receives monsoon showers by June 1, but scientists said there was no need to paint a gloomy picture as the progress of the seasonal rainfall phenomenon was well with the forecast limits which have a model error of...
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The political Economy of petroleum prices-Vikram S Mehta
Desired outcomes can be reached through a series of ‘imperfect’ small initiatives What is to be done? How can we untie the Gordian knot that has so entangled the political Economy of petroleum product prices? This is the question that now exercises our most experienced politicians and our ablest economists. Most well informed people know that a country that imports 80 per cent of its oil requirements cannot de-link itself from the...
More »El Nino may disrupt monsoons-Dinsa Sachan
Weather conditions promoting El Nino persistent, says Met department; drought feared In its first monsoon forecast in late April, the India Meteorological Department (IMD) had announced that monsoons would be normal this year and there was a little chance of El Nino—associated with dry spells west of the Pacific—arriving in the second half of the season. But of late, IMD seems to have shifted its stand. Now the weather agency is...
More »Recovering Budhni Mejhan from the silted landscape of modern India-Chitra Padmanabhan
Of late, a childhood friend's 80-year-old mother has taken to writing. Emboldened by her single-mindedness, memories dulled by a lifetime of contingencies now respond readily to the daily rustle of pen on paper. One memory stands out in Surjit Kaur's mind. In 1957, as a fresh eyed schoolteacher from Delhi she went on an educational tour to Uttar Pradesh, Madhya Pradesh, Bihar and West Bengal. It was 10 years after Independence...
More »Bihar is country's fastest growing state at 13.1% by Mahendra Kumar Singh
Bihar, which was synonymous with poverty, has emerged as the fastest growing state for the second year running, clocking a scorching 13.1% growth in 2011-12. Not just that, on the back of four years of double-digit growth, its Economy is now bigger than that of Punjab—until recently the preferred destination of Bihari migrant workers. Among the top five states, Bihar is followed by Delhi and Puducherry. Mineral-rich Chhattisgarh, which many had...
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