-Hindustan Times Many years ago, Jagdish Bhagwati, a very distinguished economist long before he became one of the patron saints of the NDA, published an important paper on what he called Directly Unproductive Activities or DUP. These bore a close relation to what his friend and well-known South Asia scholar, Anne Krueger, had called rent-seeking activities in some slightly earlier work. Both made the important point that the social cost of...
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For the sake of the Good Earth -Rita Sharma
-The Tribune In India, mounting demographic pressures are leading to soil degradation. About 17 per cent of the global human and 11 per cent of livestock population is being sustained on a mere 2 per cent of the world's land and 4 per cent of its freshwater resources. The year 2015 has been designated as the International Year of the Soils by the United Nations. Recently, December 5 was commemorated as World...
More »Focus on east for grain
-The Telegraph New Delhi: The Food Corporation of India (FCI) should focus on procuring grains from eastern states such as Bengal, Bihar and Assam where the second green revolution is expected, a government panel said today. "The FCI should move on to help those states where farmers suffer from distress sales at prices much below MSP (minimum support price), and which are dominated by small holdings, such as eastern Uttar Pradesh, Bihar,...
More »Improving an unworkable law -Sanjoy Chakravorty
-The Hindu For the land-acquirer, the land act ordinance tries to lessen the indirect price of acquisition and transaction by diluting requirements for social impact assessments and referenda. For the land-loser, it not only retains all forms of compensation and rehabilitation, but also grows the number of those eligible for lucrative pay-offs The government of India continues to search for the right way to do land acquisition. Last week, the Union Finance...
More »Intelligence Bureau raises red flag on farmer suicides in its report to PMO -Aman Sharma
-The Economic Times NEW DELHI: The Intelligence Bureau has termed loan waiver and relief packages for distressed farmers as "short-term" measures and said the issue of farmer suicides needs a comprehensive solution. In a report to the Prime Minister's Office last week, the IB said farmer suicide is on a rise in Maharashtra, Telangana, Karnataka and Punjab. It also pointed to suicides by debt-ridden farmers in Gujarat, UP and Tamil Nadu...
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