Here is a new set of official statistics that can escalate the politically contentious debate on what constitutes the poverty line. If the average monthly consumption expenditure is taken as the benchmark of what an individual needs to survive, the poverty linewould be Rs 66.10 for urban areas and Rs 35.10 for rural regions, while about 65% of the population will be below this cutoff. The figures, based on the 66th round...
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The trouble with junk food-Sunita Narain
-The Business Standard It is not in the interest of food companies to advertise what their products contain, but it is in our interest to know Junk food is junk by its very definition. But how bad is it and what is it that companies do not tell people about this food? This is what the Centre for Science and Environment (CSE) laboratory checked. The results were both predictable and alarming....
More »Shamnad Basheer, Intellectual Property Law Professor at NUJS interviewed by V Venkatesan
PROFESSOR Shamnad Basheer joined the National University of Juridical Sciences (NUJS), Kolkata, in November 2008 as the first Ministry of Human Resource Development Chaired Professor in Intellectual Property Law. Before this, he was Frank H. Marks Visiting Associate Professor of Intellectual Property Law at the George Washington University law school and a research associate at the Oxford Intellectual Property Research Centre (OIPRC). He is the founder of several initiatives, including...
More »Farm revolution: Indian farmers finally embrace mechanisation
-Reuters PERLE: As a shiny red harvester bounces across the black earth into the first row of sugar cane, excited schoolchildren run after it and several dozen men stand gaping in the wake of its swift progress. It's the first time that Perle, a village on the banks of the Krishna river in Maharashtra state, has seen a machine used for cutting the tough cane. "This machine will harvest my entire field today,"...
More »Rising rural, urban wages aiding inflation: RBI report
Rising wages in both rural and urban India have contributed to inflation, and managing price levels when wages are rising is key to deriving benefits from higher growth, the Reserve Bank of India has said. "The pressure on generalised inflation from sustained increase in wage costs has been one important characteristic of the recent high inflation episode. Wage increases for unskilled labourers in rural areas continue to be at a rate...
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