A perverse, yet novel reason put forward to explain high inflation is that the poor are eating more as they are becoming less poor. The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) has been extolled for being responsible for higher consumption, which in a way is a vindication of high inflation. The extended logic used here is that if the poor are eating more and we are paying high...
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Who will watch the watchmen? by Minhaz Merchant
The audited balance sheets of the six largest political parties in India are hard to get and harder to decipher: they hide more than they reveal but are nonetheless worth close examination. Between them, the Congress, BJP, BSP, SP, NCP and CPM reported total income of Rs 1,046.76 crore for the year ending March 31, 2009. That was the year in which most of the funds for the 2009 Lok...
More »CM Mamata bans government buying land, grounds key projects by Subrata Nagchoudhury
Kolkata : Mamata Banerjee’s announcement banning the acquisition of land by any government department or agency for industry has grounded over a dozen key industrial parks across the state. These projects, in various stages of progress — and in which land acquisition was on — account for a committed investment of Rs 50,000 crore. The announcement — underlined by the state Industries and Finance Ministers — has stunned industry and so...
More »Farm sector in distress by Pavan Kumar H
The fear of losing their land for setting up industrial establishments, as is the case at present in Gadag, is not the only worry for farmers in Karnataka. The farmers in the State appeared to be a distressed lot even with farm lands in their possession. Contrary to what the State Home Department would want us to believe, the State Crime Records Bureau’s (SCRB) report portrays a dismal picture of the incidence...
More »Provide safety gear to sewer workers who enter manholes, says court by J Venkatesan
The Supreme Court has underlined the need for giving proper equipment, adequate protection and safety gears to sewer workers who enter manholes for clearing blocks. Expressing anguish over the manner in which they were treated by the employers, a Bench of Justices G.S. Singhvi and A.K. Ganguly said: “Given the option, no one would like to enter the manhole of a sewerage system for cleaning purposes, but there are people who...
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