Inflation is in the news. Double-digit inflation persists, concentrated in prices of food and necessities. The retail prices of pulses are in the range of Rs 80-100 per kg. Seasonal vegetables retail at Rs 30-40 per kg. Yet, our pink newspapers believe there is little reason for concern. There is a boom in purchases of consumer durables. The middle class is prospering. The poor are better-off with the NREGA. And...
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The Early Kalidasa Syndrome by Utsa Patnaik
Our policymakers would rather let food grains rot than feed the poor. What explains the near-comatose lack of response to a long-brewing crisis of increasing hunger? The most valuable resource that a country has is its people. The poor are not a liability, but an asset; they are the producers of essential goods and services we use, they hold up the sky for us for a pittance of a reward. The...
More »Food inflation goes up to 11.47%
Food inflation went up to 11.47 per cent for the week ended August 28, on the back of increase in prices of cereals, fruits and milk. This is the second consecutive week when food inflation has shown an upward trend, after a brief period of moderation in July and first half of August. Food inflation was 10.86 per cent during the previous week ending on August 21. On a yearly...
More »Indian trade unions strike against price rises
A 24-hour nationwide strike called by trade unions has caused major disruption in parts of India. The walkout was felt mostly in Tripura, Kerala and West Bengal states where the ruling Communists backed the action. Called to protest against price rises and alleged labour law violations, the action caused major disruption to air and road transport in those states. The coal, power, telecom, banking, insurance, defence, port, petroleum and construction sectors joined the...
More »Bringing Light to India's Rural Area by Amy Yee
As dusk falls, the sound of children singing fills the air at the SOS Tibetan Children’s Village in Bylakuppe, five hours’ drive from Bangalore in southern India. Night descends on the tidy, stone-paved school campus carved out of the lush jungle. But darkness is dispelled when 20 solar-powered street lights on the campus begin to glow with a steady white light. Thirty dormitories set among groves of coconut palm trees are...
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