-The Hindu The Modi government’s policy is choking domestic demand at a time when global demand is also weak. This is hardly a recipe for double-digit growth. The title seems provocative. After all, for the last several months, we have all heard that India is now the fastest growing large economy in the world. The Finance Minister keeps assuring us that the country’s economic revival is on a firm footing and that...
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India gets its first solar-powered village in Bengal -Manogya Loiwal
-India Today West Bengal: "Kerosene is sold at Rs 40 per litre in the market. Now the money will be saved, thanks to the solar lamps. We are really grateful to the solar aid," said Kasinath Mahata, one of the villagers. It was celebration time for the people of Pandri, a village in the Purulia district of West Bengal, illuminated with lightening after years of hassle. The excitement doubled when the village...
More »Free run for the rent-seekers -Biswajit Dhar
-The Hindu With the U.S. showing a preference for plurilateral agreements over WTO multilateralism, developing nations must defend the global trading system against transnational corporations The 10th Ministerial Conference of the World Trade Organisation (WTO), which also marked the completion of two decades of functioning of the most recent of the multilateral institutions, ended with an agreement among trade ministers of the member countries that may have pushed the organisation to the...
More »Direct cash transfers in agriculture gain ground -Sanjeeb Mukherjee
-Business Standard In November, the government decides to transfer Rs 4.5 a quintal production incentive to bank accounts of sugarcane farmers Two months ago, the Centre after much deliberation decided to transfer Rs 4.50 a quintal directly into the bank accounts of sugarcane growers. The government called this a production incentive, but it is seen by many as an attempt to kill several birds with one stone. An incentive directly transferred into the...
More »Man made starvation: UP’s failure to implement the National Food Security Act intensifies survival crisis in drought-affected areas -Jean Drèze
-The Times of India Recent reports from Bundelkhand, or rather from the side of Bundelkhand that lies in Uttar Pradesh, are most alarming. A rapid survey conducted by Swaraj Abhiyan, under the leadership of Yogendra Yadav, found evidence of famine-like conditions developing in the area. To illustrate, 38% of the sample villages reported at least one death due to starvation or malnutrition in the preceding eight months. Among poor families, barely half...
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