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Food inflation cannot be tackled in generic way: Swaminathan

-The Hindu   MSSRF signs MoU with Marg Limited Food inflation could not be tackled in a generic way but has to be broken down and examined commodity by commodity, said M.S. Swaminathan, agricultural scientist. After signing MoU with Marg Limited on a partnership to provide knowledge connectivity to empower rural communities, Prof. Swaminathan said it was the price of vegetables, pulses, oil seeds, potatoes, onions and fruits that were climbing up and not...

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Reading between the Rs32 poverty line

-The Hindustan Times   Do these people look well-off to you? The planning commission puts them above poverty line. Basant Kumar, 51  Shopkeeper  Kusumpur Pahari slum,  Vasant Vihar, Delhi Daily expense: Rs 53   Basant Kumar runs a little shop in a slum in Vasant Vihar, home to over two lakh migrant families. He feeds and clothes his wife and three children on his meagre earnings of Rs5,000 a month. He also works odd-jobs, in construction or with...

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Can Posco Cross the India Barrier? by Prince Mathews Thomas

The $12 billion Posco investment in India was supposed to be the biggest FDI project in the country. After six years that still remains on paper Horangineun jugeumyeon gajugeul namgigo, Sarameun jugeumyun ireumeul namginda (When tigers die, they leave behind leather. When people die, they leave their names behind) —Old Korean Proverb The news flash from Press Trust of India came on July 10, 2011. Posco, the $32 billion South Korean steel giant had decided to...

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Farmers on holiday by M Suchitra

Andhra farmers shun growing paddy this kharif in absence of buyers, storage space Achanta, a small village in Andhra Pradesh, hit the headlines in 1967 with a record rice yield in the kharif or monsoon crop season. It was the time of the Green Revolution. N Subba Rao, a farmer from the village, harvested three tonnes of paddy from just one kilogramme of seeds. Other farmers followed suit and the village...

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Cash delusions by Praful Bidwai

Cash transfer as substitute for state service provision is a dangerous recipe for callously anti-poor and corrupt governance. THE staggering number of recent articles, papers and books on the virtues of giving cash in place of public services to the poor has created an impression that a sort of epidemic has broken out. Economists, policymakers, bureaucrats and newspaper commentators are all infected by it and are in turn infecting others. The central...

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