-The Indian Express After retrospective taxes, here comes the retroactive cartoon The no-no cartoon was published in Shankar’s Weekly on August 28, 1949 and reproduced in many Shankar collections, including one with a Nehru quote as title that will make his party men squirm today — “Don’t spare me Shankar”. The Congress government has pulled out the cartoon and the textbook that carried it. The cartoon features Nehru himself, standing behind a...

Just in case our friends in the media were looking for more evidence, a new ILO report clinches the connection between old age pension and a country’s well being. The ILO report “World Social Security Report 2010/11: Providing coverage in times of crisis and beyond” puts India’s social security coverage in perspective of its peers. (the report can be accessed at http://www.ilo.org/wcmsp5/groups/public/---dgreports/---dcomm/---publ/documents/publication/wcms_146566.pdf.  India is not only nearly at the bottom...

-The Economic Times Grain stocks with state agencies are likely to cross 75 million tonnes some time in June 2012, while covered capacity to store is less than 50 million tonnes. The rest would be under CAP (with pucca or even kachcha plinths) exposed to potential large-scale damage. An early and rational policy decision is required to reduce the stocks by at least 7-10 million tonnes to avoid high costs of...

-The Business Standard How to take hot air out of the poverty debate Once again, poverty estimations are creating a needless debate over what is a modest measurement problem. For many years since 1973, the government had followed a simple formula: if a household could not afford to buy a minimal number of calories and clothing for its members, it was deemed as a household below the Planning Commission poverty line....

Police investigation of Sanal Edamaraku for debunking a “miracle” at a church is a crime against the Constitution. Early in March, little drops of water began to drip from the feet of the statue of Jesus nailed to the cross on the church of Our Lady of Velankanni, down on to Mumbai's unlovely Irla Road. Hundreds began to flock to the church to collect the holy water in little plastic bottles,...