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Missing the wood for the trees -Prabhat Patnaik

-The Indian Express Debate around RBI-government stand-off ignores the structural cause behind India’s economic woes: Interest rates as an instrument cannot achieve multiple, contradictory goals. The stand-off between the Narendra Modi government and the Reserve Bank of India has generated a false discourse on the one hand and an illusion on the other. In this discourse, the RBI’s position, articulated by its deputy governor, is that central bank policy has to be...

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Jean Dreze -- development economist -- interviewed by Jipson John and Jitheesh PM (Frontline.in)

-Frontline.inJean Dreze is a well-known Indian economist working in the field of "development economics". Born in Belgium, he studied mathematical economics at the University of Essex and completed his PhD from the Indian Statistical Institute (New Delhi) in 1982.He has taught at the London School of Economics and the Delhi School of Economics and is currently visiting professor at Ranchi University as well as honorary professor at the Delhi School...

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Forex reserves fall most since 2011 -Kartik Goyal

-Livemint.com/ Bloomberg Foreign exchange reserves dropped by $5.14 billion in the seven days ended October 12, the biggest weekly decline since November 2011, as the RBI stepped up action to prop up the rupee Mumbai: India made the biggest dent in its foreign exchange reserves in seven years as the central bank stepped up action to prop up Asia’s worst-performing currency. Reserves dropped by $5.14 billion in the seven days ended October 12,...

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Time women farmers got a better deal -Purvi Mehta

-The Hindu Business Line They account for a third of the agricultural workforce, but don’t get the benefits and opportunities the menfolk enjoy India celebrated its first Women Farmer’s Day on October 15, but the word farmer or kisan is still seen as being synonymous with a male farm worker. This perception is built on two assumptions — first, farming is a masculine profession; and, second, when women are involved in farm...

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Radha Mohan Singh, Union Minister of Agriculture & Farmers Welfare, interviewed by Richa Mishra (The Hindu Business Line)

-The Hindu Business Line New Delhi: Raising farm income could well be the agenda for 2019 general elections and well aware of this is the Narendra Modi government, which is leaving no stone unturned to lure this vote bank. Navigating this agenda for the government is Radha Mohan Singh, Union Minister of Agriculture & Farmers Welfare. Aware of the challenges of the price sensitive market, Singh said, “agriculture markets cannot be...

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