The economist and political commentator who was appointed to a four-member team of the UN to recommend reforms to the global financial system critiques Budget 2010 Economist and political commentator Prabhat Patnaik, currently vice-chair of the Kerala Planning Board, is a strong critic of the government’s economic policies. In 2008, Patnaik, who has taught at JNU since the 1970s, was appointed to a four-member team of the UN to recommend...

After a gap of almost a decade, all the nine major trade unions on Wednesday jointly staged a dharna in front of Parliament to protest against price rise, job loss, and Disinvestment of public sector undertakings. This is the first time that the Congress-led INTUC has joined hands with All India Trade Union Congress (AITUC) and CITU, besides HMS and BMS. The All India Bank Employees Association’s agitation also coincided with...

IN 1974 Henry Kissinger, then America’s secretary of state, told the first world food conference in Rome that no child would go to bed hungry within ten years. Just over 35 years later, in the week of another United Nations food summit in Rome, 1 billion people will go to bed hungry. This failure, already dreadful, may soon get worse. None of the underlying agricultural problems which produced a spike in...