India has large wheat stocks already yet policy dictates they increase. In states like Punjab, Haryana, UP and Gujarat prices have fallen and are below the minimum support prices. This is a policy-induced outcome. A safe game in grains is fine, given the global politics of grain trade and the great ability of Indian politics to subsidise the wrong man in the vote bank — but how safe is safe? The...
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India versus China by Amartya Sen
The steadily rising rate of economic growth in India has recently been around 8 percent per year (it is expected to be 9 percent this year), and there is much speculation about whether and when India may catch up with and surpass China’s over 10 percent growth rate. Despite the evident excitement that this subject seems to cause in India and abroad, it is surely rather silly to be obsessed...
More »IISc scholars all set to assess environment
-Express News Service A team of 13 research scholars from the Centre for Sustainable Technologies, IISc, will now conduct environmental service enhancement assessments at the national level starting from June. These scholars have conducted a study on environmental service enhancement and conservation and vulnerability reduction at Chitradurga district. "Talks are on to start the assessment by the last week of June at Andhra Pradesh, Rajasthan, Madhya Pradesh and Meghalaya. Discussions are...
More »Revoke the Illegal Clearance to the POSCO Project
-Mainstream Weekly DEMAND AT PRESS CONFERENCE IN NEW DELHI A press conference was held in New Delhi on May 4, 2011 to protest against the Union Ministry of Environment and Forest’s “final clearance” to the POSCO project in Odisha. The following is the press release issued by the POSCO Pratirodh Solidarity (PPS-Delhi) in association with NFFPFW, CSD, NAPM, INSAF, and others at the press conference. The ‘final forest clearance’ by the Ministry...
More »Punjab, Star of India's Rise, Faces Steep Fall by Amol Sharma and Geeta Anand
TARN TARAN, India—India's northern state of Punjab was once a symbol of the nation's economic progress, its advances in agriculture lauded world-wide as a spectacular feat that made India self-sufficient in food production. But Punjab today faces a grave economic crisis, the result of years of shoddy governance that have stunted growth and created such a mound of public debt that the state is now seeking a multibillion dollar bailout from...
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