An opportunity has been forsaken to strengthen our economic fundamentals while improving the lives of the people, increasing the divide between India Shining and India Suffering. While the people were hoping for relief in the current budget, the Finance Minister was faced with the task of reversing the slowing growth rate and raging inflation. He had a choice in this budget. He, however, chose a path that is going to worsen...

Finance minister Pranab Mukherjee ushered in a regime of cash transfers for the payment of subsidies for food, Fertilizers and kerosene, along with social welfare payments, by accepting the recommendations of a panel headed by Nandan Nilekani, chairman of the Unique Identification Authority of India. The recommendations, submitted last month, had prepared a blueprint for transferring cash directly into the bank accounts of the beneficiaries by linking these to their unique...

The government is likely to peg fertiliser subsidy for next financial year at Rs 66,000 crore, lower than the actual outgo in 2011-12.  "A moderate increase is likely," said a government official. The actual subsidy bill for the fiscal is likely to come at over Rs 70,000 crore though the government had budgeted for just Rs 49,997 crore in the budget 2011-12.  Private analysts had soon after the presentation of the last...

An international conference on agriculture beginning here on Tuesday will debate the multiple challenges faced by women in farms across developing economies, including finding gender-sensitive solutions to reduce drudgery involved in farm work with better technology innovation. From sowing to selling farm products, women’s role in agriculture has been globally recognized, A. Ayyappan, director general of Indian Council of Agricultural Research (ICAR), told reporters on Monday. The three-day conference will address...

The water used to cool the Rawatbhata reactor was pumped back into Chambal river. Before and during my pregnancy, I drank the tap water supplied to us from the same river. I didn't go even so far as to boil this water. Nothing went wrong. Kudankulam has been in the news and how! Little did I imagine in 2002 that this remote area of southern Tamil Nadu where there are more...