-The Indian Express Food inflation owes largely to agricultural markets being regulated by outdated laws. The RBI governor, Raghuram Rajan, has a difficult task this week. He has to decide whether to keep interest rates constant or raise them - bearing in mind the possible taper of the US Fed's bond buying programme, a decline in industrial production and a rise in inflation. The sharp increase in consumer price-based inflation, to more...
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CAG questions Rs 3,000 crore of investments by two Tata trusts -Josy Joseph
-The Times of India NEW DELHI: A detailed audit by the Comptroller and Auditor General of India of some major trusts run by business houses and sports bodies has allegedly revealed misuse of income tax exemptions granted to them. Among them are at least two Tata trusts and a number of state cricket associations. The audit report, one of the first to be signed by the new CAG, S K Sharma,...
More »Not all or nothing
-The Indian Express The rural health cadre will not create two classes of doctors, it will help fill two different needs. The cabinet is pondering the idea of a cadre of mid-level health practitioners, a plan that has been fiercely resisted by medical associations because they worry it will dilute the worth of MBBS graduates. It has also been recently rejected by the parliamentary standing committee on health, for allegedly creating two...
More »Tit-for-tat plan in potato row -Sandip Bal
-The Telegraph Bhubaneswar: The Bengal government-designed potato shortage has prompted vegetable sellers in Odisha to plan a retaliation. The traders' associations in Balasore have threatened to detain trucks carrying essential commodities and fish from Andhra Pradesh and other states to Bengal on the national highway passing through this district in retaliation to the Bengal government's decision. Despite chief minister Naveen Patnaik requesting his counterpart in Bengal, the largest supplier of potato to Odisha,...
More »No Country For Countrymen -Arun Sinha
-Outlook As the Manmohan Singh government makes evident its unfriendliness to villages, the nation hurtles towards disaster. It's a danger no one wants to face. Prime Minister Manmohan Singh has been trying for years to make us believe that agriculture is a vast marshland in which a huge population is stuck ankle- to neck-deep and it is his duty to rescue them. "Our salvation lies in moving people out of agriculture," he...
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