The Business Standard The Planning Commission has not been central to the policymaking process since the mid-1960s In his Independence Day speech, Prime Minister Narendra Modi announced the end of the Planning Commission. There will be few mourners at its funeral, mainly old war horses like me. So this is in the nature of an obituary for an institution in which I served for a decade and a half, and where I...
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Inflation: Three reasons why rising food prices could be here to stay -M Rajshekhar
-The Economic Times None of the standard explanations quite explain the rise in food prices India has seen: pronounced since 2006 and alarming after 2010. Drought and poor rains? The country has seen good aggregate rainfall in most of those years. Spike in global prices? Those were high in 2007-08, not now. Fragmented value chains that allow middlemen to grab large margins? The value chain has always been fragmented. Growth has slowed...
More »The Deserted Village -MG Devasahayam
-Outlook The PM would do well to incorporate the Lok Nayak's convictions and what he stood for and not ape alien models to make India's villages as mere markets and show-pieces Narendra Modi was different from other Prime Ministers while addressing the nation from the ramparts of the Red Fort on 15 August 2014. He spoke of governing India through sahmati (consensus) not bahumati (majority) and sought the cooperation of people and...
More »Struck off in one blow -Gopalkrishna Gandhi
-The Hindu The Planning Commission needed to be returned to its first purposes, to its transparent and audacious planning for an India progressing without old enervations and new injustices to prosperity. Humpty Dumpty sat on a wall, Humpty Dumpty had a great fall. The 18th century nursery rhyme, its original probably a riddle, is loved for the one image it invokes - a great fall. The picture of a dumpy egg, of a being...
More »India's shifting food bowls -Ravish Tiwari
-India Today Geography of rice and wheat has been transformed with Chhattisgarh, Bihar, Jharkhand and Madhya Pradesh generating surpluses Almost 50 years ago, Prime Minister Lal Bahadur Shastri went on air to appeal to Indians to skip a meal a day. Foodgrain supplies had come under strain after the 1965 drought, and the patriotic ethos cautioned against over-consumption: what you ate left that much less for the rest. Today, it is...
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