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Arvind Panagariya, a professor of Indian economics at Columbia University interviewed by Ullekh NP

-The Economic Times Arvind Panagariya, a professor of Indian economics at Columbia University, hits out at Nobel laureate and Harvard University professor Amartya Sen over his call to confront MPs with the "number of deaths" a delayed Food Security Bill can cause. The former chief economist at the Asian Development Bank counters Sen's argument that it is high social spending that has contributed to the economic growth of Asian economies such...

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Food Security Bill could violate India’s subsidy pledge at WTO -Amiti Sen

-The Hindu Business Line   As the Food Security Bill awaits Parliament clearance, India fears that implementation of obligations under the Bill may lead to breach of farm subsidy limits fixed by the World Trade Organisation (WTO) and attract penalties if some global rules are not amended. New Delhi is, therefore, scouting for support at the WTO in seeking an amendment to the Agreement on Agriculture (AOA) to remove limits on public stockholding...

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New UN survey ‘My World’ lets citizens vote on future development priorities

-The United Nations Citizens from all over the world can help shape the future global development agenda through their participation in the United Nations survey ‘My World’, which allows them to vote on issues they believe are priorities and should be addressed by world leaders. Launched this week, the survey seeks to build on the momentum generated by the anti-poverty targets known as the Millennium Development Goals (MDGs) and tackle challenges that...

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Agroforestry crucial to ensure food security of millions, says UN agency

-The United Nations The United Nations Food and Agriculture Organization (FAO) today called on countries to boost efforts to promote agroforestry, a practice involving the combination of trees with crop or livestock production, stressing it can help millions of people escape poverty and prevent environmental degradation, making it crucial to ensure food security in the future. “In many countries the potential of agroforestry to enrich farmers, communities and industry has not been...

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Business by other means -Ajoy Ashirwad Mahaprashasta

-Frontine Walmart’s disclosure that it spent huge amounts of money on lobbying in India and the allegation that it entered the retail sector through indirect means highlight the power of global capital in dictating the country’s policies. The world’s largest multi-brand retailer Walmart’s disclosure to the United States Senate that it had spent $25 million (Rs.135 crore) since 2008 on its various lobbying activities, which include enhancing access to the Indian...

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