-The Business Standard Can Bhagwati-Sen debate bring the same change as Hayek-Keynes duel in the US in 1932 At a time of economic crisis, a distinguished group of economists wrote a letter to a major newspaper, making a case for increased government involvement in the economy. A few days later, an equally distinguished group of economists wrote a letter to the same newspaper, arguing against the first lot. No, this...
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Will rising prices hit poll result? UPA govt panics -Rajeev Deshpande
-The Times of India NEW DELHI: Rising apprehension that food inflation may finally begin to bite in electoral terms has seen the Manmohan Singh government press the panic button as retail prices of cereals, vegetables and pulses soar in comparison to last year. Persistent high inflation, particularly in food, is gnawing the government ahead of assembly polls in four major states later this year and the 2014 Lok Sabha election, a concern...
More »Nitish Kumar writes to Prime Minister seeking higher wages under NREGA -Urmi A Goswami
-The Economic Times NEW DELHI: Bihar chief minister Nitish Kumar is leveraging his politically 'unattached' status to seek higher wages for his people under the Centre's rural employment guarantee scheme. Kumar, being wooed by the Congress after he parted ways with the BJP, has written to Prime Minister Manmohan Singh saying that the state plans to raise NREGA payments to align them with the statutory minimum wage. "Notification of lower wage rates...
More »It really is the economy, stupid-Rukmini S
-The Hindu Development, price rise and jobs will be the overriding voter concerns in 2014 Lok Sabha poll Results from a nearly 20,000-strong opinion poll conducted by the Centre for the Study of Developing Societies (CSDS) for CNN-IBN and The Hindu indicate that ‘development and the economy' and ‘price rise' will dominate voter concerns in 2014. Corruption comes in at a distant fifth, just half as important to voters as ‘development and...
More »Dal Will Tell You What the Government Cares About-Bhavdeep Kang
-Grist Media The proposed Food Security Bill will likely raise the demand for dal across India. While farmers and consumers are against it, the government keeps favouring the agri-industry and importing more and more cheap versions to offset rising inflation. But why won't India produce its own dal anymore? Nowhere are Canada's agricultural production plans tracked more closely than in India's Ministry of Food & Consumer Affairs. As it struggles to meet...
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