The IMF wants to increase its lending capacity by $1 trillion, to rescue distressed countries in the eurozone plus those hit by aftershocks from the eurozone. But US is struggling with fiscal problems of its own, Japan now has the […]
Time to end West\’s farm subsidy as a condition for funding European bailouts Read More »
Critics say rising inequalities in India are sparking mass resentment and Maoist insurrection. Really? Tribals in the Maoist belt certainly hate those who are growing rich by exploiting them. But do tribals know or care about Mukesh Ambani, the richest
Falling stock market makes India more equal. Does it matter? Read More »
In the Programme for International Student Assessment (Pisa) international competition for children’s learning, India came 72nd out of 73 countries. The Annual Status of Education Report (Aser 2011) reveals that the proportion of Class 5 children able to read a
Is premature English making India a super-dunce? Read More »
Most people think of the eurozone crisis as a fiscal crisis. They see the southern European countries collectively called the PIIGS (Portugal, Ireland, Italy, Greece and Spain) with huge debt/GDP ratios or huge fiscal deficits that look unsustainable, and require
Eurozone: Fiscal or trade crisis? Read More »
Newspapers and TV anchors are waxing indignant about a video showing the tribal Jarawas of the Andaman Islands dancing for tourists in exchange for food and trinkets. Many NGOs are demanding closure of the road used by tourists to enter
Jarawas are human beings… just like us Read More »
Globally, a country is called a miracle economy if it attains 7% GDP growth. The latest member of the 7% growth club is, surprisingly, Uttar Pradesh. This should matter in the coming state election. UP has long been regarded as
Maya\’s re-election chances boosted with 7% growth Read More »
Globally, a country is called a miracle economy if it attains 7% GDP growth. The latest member of the 7% growth club is, surprisingly, Uttar Pradesh. This should matter in the coming state election. UP has long been regarded as
Maya\’s re-election chances boosted with 7% growth Read More »
Everybody fights over nobody’s Bill. That headline sums up the fiasco over the Lokpal Bill. In outraged tones, the Congress accuses the BJP of sabotaging both the Constitutional amendment in the Lok Sabha and the Lokpal Bill in the Rajya
Danger is Lokpal may go Bofors way Read More »
Anna Hazare has threatened a fast and “fill jails” movement to persuade Parliament to place the Central Bureau of Investigation under the new anti-corruption Lokpal. He says a Lokpal without an investigative wing is toothless. The government replies that the
Strong Lokpal, weak judiciary recipe for failure Read More »
Slowing tax revenue and rising government spending on food security and universal health threaten to send the fiscal deficit skyrocketing next year. To check this, many experts want to raid the surpluses of public sector undertakings (PSUs). These surpluses have
India should not fritter away PSU profits from commodity boom Read More »
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