-The New York Times India's coalition government just celebrated the third anniversary of its tenure with a self-congratulatory banquet that could not have been more poorly timed: India's currency, the rupee, is falling; investment is down; inflation is rising; and deficits are eating away at government coffers. While short-term growth has slowed but not ground to a halt, India's problems have dampened hopes that it, along with China and other non-Western economies,...
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The politics of food for the hungry-Aruna Roy & Neha Saigal
The 28th of May, marked as “World Hunger Day,” has come and gone but for Pannu Bai Bhil, every day is hunger day. How does someone dealing with chronic hunger view a day marking her plight? Let those of us who overeat at least take stock of a hungry India pitted against bumper crops, number crunching, technologies for profit, markets, and growth rates. The solution for hunger lies in proper...
More »Wheat glut: farms face falling prices, rising costs-Ruchira Singh
-Live Mint After a record harvest of 90.23 mt this year, the govt’s wheat stocks were at 38.2 mt as of 1 May Worry lines run deep on the faces of wheat farmers in Sehrala in Haryana as falling prices, higher input costs and poor infrastructure erode earnings and cast doubt over not just their next crop, but their future in agriculture as well. Agents in the grain market of Ballabgarh said spot...
More »Lokpal bill goes to a fresh panel
-The Telegraph The Lokpal bill faces further delay with the Rajya Sabha today referring it to a 15-member select committee by voice vote, but not before the Opposition accused the government of playing “games” and trying to bypass House business rules. The select committee, to be made up by members from various parties, is to hand in its report by the last week of the monsoon session. The BJP, CPM and the Bahujan...
More »The austerity of the affluent-P Sainath
A rural Indian spending Rs. 22.50 a day would not be considered poor by a Planning Commission whose Deputy Chairman's foreign trips between May and October last year cost a daily average of Rs. 2.02 lakh Pranab Mukherjee's stirring call for austerity tugs at the national tear ducts. Prime Minister Manmohan Singh has pleaded for it in the past and watched his flock embrace it creatively. With the Finance Ministry even...
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