PRAGOTI

The CAG report on the Performance Audit of Hydrocarbon Production Sharing Contracts for the on-shore and off-shore oil and gas blocks has once again exposed the nexus between the policy makers and big businesses that has matured under the UPA government.

This blog entry brings together a news report from The Mint on the move that the CBI plans to make against the RIL, interview of Tapan Sen, Secretary, CITU by Rediff.com's Sheela Bhatt and the statement issued by the CPI(M).

It has been argued by some economists that the present inflationary situation is nothing unusual when compared with those “high levels” of inflation that persevered in the post-independence period till the mid-1990s. However,  this view is wrong.

One disappointing aspect of yesterday's lacklustre Union Budget was the near absence of any express measures to address the continuing food inflation in the country. What are the reasons for the persisting food inflation and what could be done to ameliorate the situation? I had interviewed Prasenjit Bose, the convenor of the research unit of the CPI(M) to answer these questions sometime back.

 A blogpost on the erroneous assumptions and conclusions about the Public Distribution System or how I continue to one-sidedly debate the Economic Times and its writers on inflation. Cartoon, courtesy The Hindu newspaper.