-The Indian Express India's wholesale price inflation accelerated 7.23% in April, compared with 6.89% in the previous month, as food and manufactured items turned dearer, heaping pressure on the central bank against any dovish approach to monetary easing despite shrinking economic activity. The government has revised up the inflation figure for February to 7.36% from 6.95% estimated earlier, according to the data released by the industry ministry on Monday. Prices of food articles...
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Mind The Crease-Lola Nayar
Pawar’s Report Card The Negatives Per capita availability of cereals and pulses has fallen in last eight years No improvement in irrigation, 60% of agriculture still dependent on monsoons Farmers growing cereals, sugarcane, oilseeds and pulses assured higher MSP, but majority don't benefit Production up, but not productivity. Farmer suicides are on the rise. Poor market advisory on exports being misused to buy cheaply from farmers and make profits overseas Pawar...
More »Equity, global climate policy and climate negotiations-Mukul Sanwal
Speaking at an international workshop on Equity and Climate Change, held on April 12, the minister for environment and forests, Jayanthi Natarajan, sought to build a consensus on the inter-relationship between equity and the principle of common but differentiated responsibilities in the Climate Convention, and the nature of the obligations they entail in the new arrangement that is to be negotiated. By focusing on a technical definition of equity the approach...
More »Western warnings-R Ramachandran
India is coming under increasing pressure from the U.S. and the European Union for the strict patentability criteria it applies for medicines. AS was only to be expected, the two landmark decisions made by the Indian patent office in recent times concerning pharmaceutical patent cases have not gone down well with the multinational drug industry. First, there was the rejection in 2006 of the patent application by the Swiss multinational...
More »Debate on poverty does not alter the reality of declining poverty or strategy to combat it-PP Sangal
The Planning Commission drew flak when it calculated that if an urban person spent 28 per head every day and someone in rural areas spent 22, that was enough to consider them to be above the poverty line. These figures are based on consumption expenditure data collected in the 66th round of NSSO for 2009-10. From these new estimates, using the Tendulkar Committee methodology, the number of poor in 2009-10 was...
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