-The Hindustan Times India's fabled growth story has just been exposed by an unlikely source - the World Bank (WB). Unlikely, because this institution is one of those most responsible for advocating economic growth as the pillar of development. In a report released on July 17, the WB states that the cost of environmental damage amounts to 5.7% of India's Gross Domestic Product (GDP). This effectively means (though the report fights shy of...
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This bill won’t eat your money -Sabina Alkire
-The Hindu The expenditure on providing food security will add minimally to India's public spending which is less than what even lower middle income Asian countries spend on social protection In recent media coverage, critics often argue that the cost of the National Food Security Bill (NFSB) is excessive. The Economic Times referred to the NFSB as a "money guzzling measure" and according to CNBC-TV18, Rahul Bajaj, chair of Bajaj Auto, said...
More »Organised sector share in milk business should rise to 50 per cent: Sharad Pawar
-PTI NEW DELHI: To ensure sufficient supply of milk at affordable rates, Agriculture Minister Sharad Pawar today said there is a need to increase the share of organised sector in milk business to 50 per cent by the end of the current (12th) Five Year Plan in March, 2017. Despite severe drought in some states like Maharashtra this year, milk production has not reduced, thereby providing good supplementary income to farmers and...
More »Sharad Pawar not in favour of onion export ban
-PTI NEW DELHI: Amid rising onion prices hurting consumers, Agriculture Minister Sharad Pawar said he was not in favour of a ban on onion exports, saying such a move will hit India's image as a global supplier of farm produce. The Minister said the rise in onion prices is a "temporary situation" as heavy rains in major producing states like Maharashtra have affected supplies. "It is not fair to ban export of any...
More »Unregulated surrogacy industry worth over $2bn thrives without legal framework -Himanshi Dhawan
-The Times of India NEW DELHI: With an unregulated surrogacy industry thriving in India, rich couples are preying on domestic helps and housemaids coercing them to step up to the task. There is little or no protection for the surrogate mother controlled in the most part by a web of middle-men with medical practitioners choosing to turn a blind eye to this controversial transaction. These are part of the conclusions drawn...
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