-The Economic Times Every concerned and right-thinking citizen of this country wants poverty to be reduced as early as possible. Governments and policymakers have given assurances, time and again, that they are making their earnest efforts in that direction. Yet, there is a big debate in the country, ranging from the very definition of poverty to the number of people below the poverty line. Some academic stalwarts have devoted almost their whole...
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Let’s not overrate foreign investment -Pulapre Balakrishnan
-The Hindu The government’s claim that it will dampen inflation, bring higher prices for farmers and lower prices for customers may be somewhat exaggerated With the intention of signalling a strong commitment to reforms, the UPA government has announced a hike in the price of diesel and liberalisation of foreign direct investment (FDI) in multi-brand retail, justifying the measures as growth-enhancing and inflation-dampening. They have been termed bold by India’s corporate sector...
More »No storage space for bumper stock in country's food bowl
-The Times of India CHANDIGARH/AMBALA/YAMUNANAGAR/KURUKSHETRA: Even as Punjab and Haryana governments are getting ready for procurement of paddy from October 1, the previously stocked wheat has not been cleared from mandis across the two states. The storage houses and government godowns are packed with previous year's produce, leaving no space for the fresh produce in the country's food bowl. Various food agencies have stocked 1.45 crore tonne wheat and paddy in...
More »Agriculture back in focus as growth estimate gets downgraded by banks like Morgan Stanley, Standard Chartered-Gayatri Nayak
-The Economic Times When the country was growing at more than 8 per cent for about a decade, services and manufacturing were the darlings of policy-makers, investors and talking heads. Agriculture, a segment that employs nearly half the hundred crore population of the country, was hardly mentioned even in passing. This year, thanks to a poor monsoon, suddenly the farmers are the centre of India's growth story, or the lack of...
More »Singh’s Homespun Plea for Liberalizing India -Chandrahas Choudhury
-Bloomberg It wasn't the Gettsyburg Address -- unless it's poker faces we're comparing. Future historians aren't going to be parsing Prime Minister Manmohan Singh's speech for hidden meanings, and rhetoricians won't be delighting in the majesty of its style and the compression of its effects. It inflamed no passions, as did Mitt Romney's words about the "47 percent," and asserted no big idea or thesis, unless there was one contained in the...
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