The Prime Minister's economic adviser, C Rangarajan, wants the Reserve Bank to remove excess money from the system to check rising prices as food inflation neared the decade's high of 20 per cent. "We need to see that liquidity does not put inflationary pressures and for that some action on the monetary front would also be required," said Rangarajan, Chairman of the Prime Minister's Economic Advisory Council (PMEAC) and a former...

We live in the age of institutionalised corruption. From politicians to judges, from senior bureaucrats to policemen, from corporate tycoons to petty officials, everyone it seems has a price. As journalists, our profession demands that we enquire, interrogate and expose corruption. So, when a Madhu Koda is jailed we rejoice that the law has caught up with a former chief minister. When allegations against a judge lead to impeachment, we...

A report card from Pratichi Trust on the primary schooling scene in West Bengal Pratichi Trust (India) was established a decade ago, along with Pratichi Trust (Bangladesh). The latter has been concentrating on the social progress of girls and young women: it has worked particularly on supporting and training young women journalists reporting from rural Bangladesh. In India, the work has mainly focussed on advancing primary education and elementary health care,...

PRIMARY SCHOOLING: I Pratichi Trust (India) was established a decade ago, along with its sister across the border, Pratichi Trust (Bangladesh) [1]. The Bangladesh centre has been concentrating on the social progress of girls and young women there (it has worked particularly on supporting and training young women journalists reporting from rural Bangladesh), whereas here in India, the work of the Trust has been mainly focused on advancing primary education...

Right time for policy reform The government is set to face disappointment on its expectation that the fertiliser subsidy will go down sharply this year due to a softening of international prices of fertilisers. It now appears almost certain that the total payable subsidy in 2009-10 may be around Rs 70,000 crore, against the budgetary provision of under Rs 50,000 crore. Since the government has made it clear that no additional...