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Runaway Inflation
INDEGENOUS AGENDA CRUCIAL
By Shivaji Sarkar
New Delhi, June 06 : France sells presidential national heritage with an auction of 1200 of bottles of fine wine from the cellars of presidential abode Elysee Palace. The headlines...
Food Security Bill
INSPECTOR RAJ ENSURED!
By Shivaji Sarkar
New Delhi, May 30 : The New York Times headline screams: “Hunger in US at a 14-Year High.” President Obama states: “hunger rose significantly last year”. However, researchers...
4-Year Tamasha
DU, HOW ABOUT 2-YR COURSE?
By Shivaji Sarkar
New Delhi, May 13 : It is indeed strange. The US is contemplating reverting to three-year degree courses in its universities to cut costs in a recession-hit economy. On the other hand, in a worse...
Unemployment Report
INDIA TOO IN GLOBAL MESS
By Shivaji Sarkar
New Delhi, May 16 : India’s growth parameter has got stuck. The journey has got jammed in one of the lowest factory output (Index of Industrial Production) in 20 years at 0.6 per cent....
ESCAP On India
GROWTH APPROACH UNTENABLE
By Shivaji Sarkar
New Delhi, May 09 : The other day, President Pranab Mukherjee lamented that the multi-nationals are not investing in India to “dodge” tax. The very next day, Finance Minister P Chidambaram...
Whimsical Policies
GLOBAL INVESTORS SHUN INDIA
By Shivaji Sarkar
New Delhi, April 25 : Inconsistent policies are hurting the image of the country. The investors feel India is an unstable destination, where laws particularly relating to taxes are changed...
Sliding Rupee & CAD
WILL INDIA REVISIT DARK 1990?
By Shivaji Sarkar
New Delhi, April 18 : The clock is ticking. Current account deficit is leading to a severe balance of payment situation. The rupee is losing its sheen every day. India’s forex...
PM’s Rosy Picture
OFFICIAL FIGURES PAINT IT BLACK
By Shivaji Sarkar
New Delhi, April 11 : It is bemusing, indeed. The country is sitting on a powder keg but Prime Minister Manmohan Singh ignoring the realities, paints a rosy picture before industry...
More I-T Officers
OUR TAXES, THEIR COMFORTS
By Shivaji Sarkar
New Delhi, March 21 : There may be more politics than finance in the Finance Ministry proposal to increase the strength of income tax officers. Though the suggestion is to increase 200 officers...
19 m Job Losses
INDIA’S DEMOGRAPHIC DEFICIT
By Shivaji Sarkar
New Delhi, March 14 : India is not only having a jobless growth, it is also losing out on employing its people. The agriculture sector lost almost 14 million jobs, according to the Planning...
Trade Unions’ Strike
PAY HEED TO WORKERS’ CALL
By Shivaji Sarkar
New Delhi, Feb 28 : Indian workers are both angry and distressed. This is reflected by the fact that for the first time in many years, 11 trade unions went for a joint two-day nationwide...
Copter Deal
OPENING A PANDORA’S BOX
By Shivaji Sarkar
New Delhi, Feb 21 : The Rs 3600 crore Augusta Westland copter deal and the Rs 362 crore bribe trail looks more insidious than it appears. The concern is not over the involvement of bribe and naming...
Gold Import Curbs
GOVT FLOGGING DEAD HORSE
By Shivaji Sarkar
New Delhi, Feb 14 : As the Indian economy goes downhill, the Reserve Bank of India (RBI) echoing popular sentiment wants to rein in gold imports. The apex bank and the Government are in sync....
UN, WB Advice
INDIA MUST CHANGE TACK
By Shivaji Sarkar
New Delhi,Jan 31 : India needs to steer a different course. Even the UN’s latest World Economic Situation 2013 wants it to take a path that would ensure not only its own growth but also help the...
Diesel Price Hike
AIDING BIG PVT PLAYERS?
By Shivaji Sarkar
New Delhi, Jan 24 : The saying that there’s more to it than meets the eye can aptly apply to the recent decision of the Government to raise diesel prices. In fact, one could almost accuse it...
Rail Fare Hike
VEILED ONGOING PROCESS
By Shivaji Sarkar
New Delhi, Jan 17 : The Indian Railways is indeed unique. Its testimonials should be taken with a pinch of salt. The latest being on the recent fare hike—yet another misstatement. The fare rise...
US Fiscal Cliff
INDIA MAY NOT BE SPARED
By Shivaji Sarkar
New Delhi, Jan 09 : The world is agog with the US fiscal cliff – hike in taxes and cut in expenses. But few realize India is in no less a difficult situation. Quietly the expenses cut are being...
Government Must Shed Flab Else
2013 WOULD SPELL MORE TROUBLE
By Shivaji Sarkar
New Delhi, Dec 27: Indian economic developments have nothing to cheer up the mood as the year ends. Worse, the mid-year economic review along-with the RBI’s review indicate...
Personal Income Tax
TIME TO DO AWAY WITH IT
By Shivaji Sarkar
New Delhi, Dec 20 : It is time for India to take a fresh look at its personal income tax policy. For decades the number of tax-payees remains a meager about 2 per cent of the population. But...
Direct Cash Transfers
ADDITIONAL MISERY FOR POOR
By Shivaji Sarkar
New Delhi, Dec 06 : The Government’s ‘Direct Cash Transfers’ of subsidy is possibly one of the most ill-thought of measures. While it may flaunt it as a “game-changer”, the Opposition...
