-IPS News UXBRIDGE, Canada- Growing water shortages in many countries are a major threat to global security and development and should be a top priority at the U.N. Security Council, a panel of experts said in a new report. However, that report ignores the biggest threat to water security: neoliberal policies of the free market economic system laying waste to the natural world and turning water into a commodity, activists counter. China...

-The Hindu Business Line A system that generates wealth and jobs for millions will be replaced by retail giants with the pricing power to squeeze farmers and consumers. The UPA Government announced its policy last week, of inviting big multinational retailers to come and take over the Indian market. Predictably, the pro-lobby that has worked behind the scenes has expressed delight. Oddly, the words and concerns of the masses who are about to...

Direct cash transfers or food coupons should be used by the government to provide services to the poor, says Farzana Afridi, Assistant Professor, Economics and Planning Unit, Indian Statistical Institute, New Delhi. Afridi, who obtained her PhD in economics from the University of Michigan, Ann Arbor, and an MA in economics from the Delhi School of Economics, says that although the Mid Day Meal Programme is having a substantial effect, the...

-The Telegraph Patna: Farmers in Bihar have set their sights on foreign funds for a change in their fortune though economists have cast a doubt on it. Ask Nitish Kumar, a farmer of Darveshpura village in Nalanda district, who hogged the limelight a couple of months ago with record production of potatoes. Nitish had no one by his side when he was forced to go for distress sale of the same potato, which...

-The Telegraph The Planning Commission has proposed a slash in fuel and fertiliser subsidies, and subsidy delivery through cash transfer to the beneficiaries’ bank accounts rather than by providing cheaper goods. Commission’s deputy chairperson Montek Singh Ahluwalia said providing food, fuel and fertiliser subsidies through cash transfer would help check leaks — that is, illegal sale of the subsidised goods in the market. Sources suggested that cash transfer was being considered mainly for...