A meticulously researched book by A. Vaidyanathan, Agricultural Growth in India: Role of Technology, Incentives and Institutions, is an illuminating scholarly work. Thinking about it one realizes the dismal and declining state of Indian agriculture and the poor governance at both Central and state government levels that has brought it to this sorry pass. A valuable compendium of data and analysis of Indian agriculture since Independence, it is a valuable...
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Problems of plenty for West Bengal’s potato farmers by Romita Datta
Potato farmers Madhusudan Mondal and Lakshman Adak, in their mid-50s, live 15km apart in West Bengal’s Hooghly district. Both have produced a bumper crop this year, but that has meant different things for Mondal and Adak. Mondal earned around Rs3.5 lakh selling 150 tonnes of potatoes to PepsiCo India Holdings Pvt. Ltd, having signed a contract with the maker of carbonated beverages and Frito-Lay chips to sell his produce to it...
More »Kerala's love affair with alcohol
People in the southern state of Kerala are the heaviest drinkers in India, and sales of alcohol are rising fast. The BBC's Soutik Biswas examines why. Jacob Varghese says he began drinking when he was nine years old, sipping on his father's unfinished whisky and brandy in glass tumblers. It's a terrifying story of a descent into alcoholism for this 40-year-old health inspector. At school, he consumed cheap local liquor. He...
More »Danger of inflation by CP Chandrasekhar
WELL before Budget 2010-11 was presented, inflation had emerged as the principal economic problem in the country. With food-price inflation running at close to 20 per cent, even the United Progressive Alliance (UPA) government at the Centre had been forced to recognise it as a problem that deserved as much attention as the objective of achieving a 9 or 10 per cent rate of growth, if not more. In fact,...
More »Prof. Prabhat Patnaik (JNU) interviewed by Pragya Singh
The economist and political commentator who was appointed to a four-member team of the UN to recommend reforms to the global financial system critiques Budget 2010 Economist and political commentator Prabhat Patnaik, currently vice-chair of the Kerala Planning Board, is a strong critic of the government’s economic policies. In 2008, Patnaik, who has taught at JNU since the 1970s, was appointed to a four-member team of the UN to recommend...
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