The rise in food prices, with inflation at 9.06% in May, is more teary a problem than onions suggest. Macroeconomics managers, who safely steered the economy through the downturn, are perhaps grappling with the biggest economic crisis- persistently high food prices. Rising food inflation driven by costlier fruits and protein-based items such as milk, egg, meat and fish is putting policy makers in a spot of bother. Prices are not under...

It is essential for India to raise the level of public expenditure in education to ensure quality. THE failure of the Indian state more than six decades after Independence to provide universal access to quality schooling and to ensure equal access to higher education among all socio-economic groups and across gender and region must surely rank among the more dismal and significant failures of the development project in the country....

The Orissa government suspends the land acquisition for the Posco project in the face of stiff opposition from the people. SIX years ago, when the South Korean steel giant Posco arrived in Orissa with the biggest ever foreign direct investment that had come the country's way, it was expected to help rid the economically backward State of its ‘poor' tag and bring prosperity. Posco had won the $12 billion deal at...

West Bengal: Mamata Banerjee moves closer to keeping her promise to return to ‘unwilling' farmers the land given to Tata Motors. WITH the passage of the Singur Land Rehabilitation and Development Bill, 2011, West Bengal Chief Minister Mamata Banerjee got one step closer to keeping the promise made to the people of Singur that she would reclaim the land allocated to Tata Motors and return it to “unwilling” farmers (that...

-The Indian Express   We don’t want any more Nandigrams,” said the Supreme Court, hearing the petition on the Allahabad high court’s cancellation of land acquisition projects in Greater Noida, because of the complaint that this land was acquired for industrial purposes and then transferred for residential use. The court also warned the UP government that it would have to intervene if the state relied on the urgency clause to take...