The Central budget of 2010-11 is a further step in the realisation of a vision of India vibrant with the income, wealth, saving, education and the entrepreneurial energy of the top 5-10 per cent of the population and the rest of Indians, serving that minority and surviving as barely literate, malnourished multitude. With the accession of Rajiv Gandhi to power, a vision began to germinate. That vision was that of...
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Low Pulse by Savvy Soumya Misra
Spiralling prices of pulses have shown India’s dependence on imports. Pulses are integral to India’s diet but not its food policy. As a result, supply cannot meet demand. What are the consequences and solutions? Surendra Nath has switched to eating grass-pea, though he knows it is not good for health. But so is tobacco, he argues. He cannot do without pulses and pigeon-pea selling at Rs 100 a kg is beyond...
More »K.N. Raj: teacher, economist and institution builder by J Krishnamurty
In 1960, when I was enrolled for my MA at the Delhi School of Economics, the shining star at the School was certainly K.N. Raj. The founder of the School, V.K.R.V. Rao, had left the institution, but came back every Founders’ Day to remind us of its glorious past and of the enduring values it embodied. Raj’s style was much lower key, but it soon became clear that his dedication...
More »Economist, Plan architect K.N. Raj passes away by C Gouridasan Nair
K.N. Raj, widely respected development economist and teacher and one of the architects of the Indian Plan edifice, passed away here on Wednesday. He was 85. Dr. Raj — who was the economic adviser to Prime Ministers from Jawaharlal Nehru to P.V. Narasimha Rao, and set the pace of India’s economic growth story from the First Five-Year Plan — had been keeping indifferent health for some time. He was admitted to...
More »ADB to fund climate change study in Northeast Asia
The Asian Development Bank (ADB) is to carry out a comprehensive study on the economics of climate change in Northeast Asia, Manila-based ADB said in a press release on Monday. The study’s aim is to help regional and country-level decision makers address the issue of climate change and to develop low- carbon growth strategies in their countries and the region, the ADB said. The study, Economics of Climate Change and Low...
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