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Prof. Amartya Sen, Nobel laureate in Economics, interviewed by Chandra Ranganathan

India must not obsess with how fast its economy is growing and instead pay more attention to its human development indicators which are worse than even that of Bangladesh, Nobel prize-winning economist Amartya Sen said. Sen, known among his peers as the Conscience of Economics, said slower growth is not a good enough reason for national gloom. If India really must feel upset, it should be because the country is...

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Amartya Sen, Nobel laureate interviewed by Asha Rai

Economist and Nobel laureate Amartya Sen, currently the Lamont University Professor and Professor of Economics and Philosophy at Harvard University believes that mere economic growth cannot be equated with the wellness of people. Social indicators are an equally important measure. In Bangalore for the presentation of the Infosys Prize for 2011 ( Sen is the jury chair for social sciences), he spoke to TOI on a variety of topics. Excerpts: Q:...

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Paddy prices in West Bengal drop on high production by Sutanuka Ghosal

A high kharif paddy production 2011-12 coupled with almost zero exports to Bangladesh has pushed down paddy prices in Bengal. Paddy is selling around Rs 850-900 per quintal below the minimum support price of Rs 1,080 per quintal. Bengal, which stands second in rice production, has produced 15% extra this kharif paddy as compared to 2010-11 kharif. A dearth of rice mills in the state is also one of the major...

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The glory and the blemishes of the Indian news media by Amartya Sen

One of the great achievements of India is our free and vibrant press. This is an accomplishment of direct relevance to the working of democracy. Authoritarianism flourishes not only by stifling opposition, but also by systematically suppressing information. The survival and flowering of Indian democracy owes a great deal to the freedom and vigour of our press. There are so many occasions when, sitting even in Europe or in America,...

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Netas, cops most corrupt: Survey

-PTI Seventy-four per cent Indians feel that the level of corruption in the country has gone up in the last three years and perceive politicians and police to be the most corrupt, according to a survey.  The survey, released by Transparency International, found that 64% Indians bribed police for one reason or the other while 55% felt that the government was ineffective in the fight against corruption.  Majority of Indians opined that politicians...

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