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More of the dismal same -Prabhat Patnaik

-The Indian Express The budget needed to break new ground, provide a thrust to a slowing economy. This budget lacks Innovation. Economics has never been a strong point of the NDA government. Its only two major economic forays, demonetisation and the GST, have both turned out to be pretty disastrous. It was futile, therefore, to expect much from the Union Budget for 2019-20. Even so, one is surprised by the budget’s...

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Industry needs 'national Innovation system' -Santosh Mehrotra

-The Hindu Business Line India’s manufacturing needs higher investment in education and R&D to become self-reliant and technologically competent The share of manufacturing in India’s GDP has stagnated at 16 per cent since 1991, despite economic reforms. No country ever became a manufacturing force without (a) a design capability; and (b) an institutional system that incentivises and sustains Innovations. India needs a system to develop human and technical capabilities at both the...

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Prudent prescription: on MSME sector

-The Hindu An RBI panel’s suggestions on the MSME sector cut to the heart of crucial issues The micro, small and medium enterprises (MSME) sector in India is not only a key engine of growth, contributing more than 28% of the GDP and about 45% to manufacturing output. It is also a true reflection of economics where people really matter. Providing employment to about 111 million people, the sector’s health is crucial...

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'FPOs need sustained support'

-The Hindu Business Line Kochi (Kerala): The two-day conference on ‘Models for Agricultural Development: Experiences of Farmer Producer Companies’, has called for sustained efforts to strengthen, streamline, support and coordinate Farmer Producer Organisations. The conference, jointly organised by the Department of Agricultural Economics, Kerala Agriculture University and Indian Society of Agricultural Economics (ISAE), mooted a national level consortium to help the FPCs realise their goals and lead the efforts to enhance farmers’...

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Reality of impunity, rhetoric of human rights -Maja Daruwala & Devika Prasad

-The Hindu Isolated Innovations are not enough to stop cases of custodial torture In May 2017, addressing representatives from countries at the UN’s Human Rights Council, the then Attorney General of India said, “The concept of torture is completely alien to our culture and it has no place in the governance of the nation.” Last week in Sitamarhi district, Bihar, two families received the bodies of their two sons from the police. The...

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