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Prof. Jagdish Bhagwati, noted Economist and and Columbia University professor interviewed by Shaili Chopra

-Tehelka Edited Excerpts From An Interview NOTED ECONOMIST and Columbia University Professor Jagdish Bhagwati’s pro-free trade stance is well-known. A friend of the prime minister and his batch mate from Cambridge University, Professor Bhagwati feels the UPA’s departure from the stagnation of the past few years is a welcome change, and lauds the decision to allow FDI in multi-brand retail. In an interview to TEHELKA Business Editor Shaili Chopra, Bhagwati says more...

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UP tops the chart of school dropouts -Isha Jain

-The Times of India LUCKNOW: Right to free and compulsory education (RTE) has failed to ensure cent-percent enrolment of children in schools In UP. Of the 28 states, UP has the unique distinction of having the maximum out of school children aged between 6-14 years, including dropouts as well as children who have never attended school. The Annual Status of Education Report (ASER) findings, published by NGO Pratham, brings to light that...

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Schools of Discrimination-Subhash Gatade

-Kafila.org The village of Majure, in Chitradurga district, Karnataka, is once again in the news. It made the national headlines in 1998 when dalits in the village lodged a police complaint against members of the dominant Vokkaliga and Lingayat castes for an attack on their hamlet. As a consequence, several people were put behind bars. This time round, however, no formal complaint was lodged. Not that things have improved (rather, one could...

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Understanding FDI in Retail: What Can Economic Principles Teach Us? -Abhirup Sarkar

-Economic and Political Weekly The recent debate on the acceptability of foreign direct investment in the retail sector in India has been mostly political. It is necessary to look into the pros and cons of FDI in retail from a purely economic point of view. This article identifi es the safeguards that should be undertaken before allowing giant multinationals to function in the country. Abhirup Sarkar (abhirup@isical.ac.in) is with the Indian Statistical...

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2012: Drought Spoils Farm Sector's Dream Run -Laxmi Devi and Manvendra Jha

-Outlook The agriculture sector witnessed record foodgrains output of 257.44 million tonnes in this year enabling the country to become world's largest rice exporter for the first time, but the monsoon played spoilsport dashing farmers' hopes of an encore in 2013. A hefty increase of Rs 1 lakh crore in farm credit target to Rs 5.75 lakh crore was a major highlight for the sector in 2012, while the continuing farmers suicide...

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