-The Indian Express During the election campaign, the BJP had promised a 50 per cent profit margin on minimum support prices to farmers. But over the past year, the optimism of farmers has turned to despair. Since the parliamentary elections, basmati paddy prices have fallen by 35 per cent and cotton by 25 per cent. The era of cooperative federalism notwithstanding, the Centre practically decreed that states not announce a crop...

-The Indian Express Unseasonal rains are breaking the back of Indian farmers. The prime minister has taken the first step by deciding to raise the existing norms of compensation by a hefty 50 per cent - from the existing Rs 9,000 per hectare for irrigated crop, Rs 4,500 per ha for unirrigated crop and Rs 12,000 per ha for perennial crop. Further, the compensation will be given to all those who...

-Economic and Political Weekly Much has been claimed on behalf of the Mines and Minerals (Development and Regulation) Amendment Act that has been enacted by Parliament, but the legislation has introduced a watered-down version of auctions, has many exceptions to legalise the old first-cum-firstserve approach, and ignores previous Supreme Court rulings on measures to ensure sustainable development. E A S Sarma (eassarma@gmail.com) is a former Union Power Secretary. With a brute majority in...

-Hindustan Times The issue of recovering the full extent of the value of our natural resources from parties to whom they are being assigned has reverberated throughout the economy ever since the Supreme Court delivered its judgements in the 2G scam (dealing with the State's earnings from selling spectrum) and on coal block allocations. In both instances, past practice and legal provisions had unwittingly handed these resources to parties at a pittance. Under...

-Economic and Political Weekly Unlimited growth for prosperity in a fi nite planet is not possible. Ecological economists like Tim Jackson, Peter Victor, and others talk about prosperity without growth and highlight the need for greening the economy on a community scale. Using the "criteria of green economy enterprise" set by Jackson and Victor as a tool, this article looks at khadi production, India's community-level cloth production system. Sumanas Koulagi (k.sumanas@yahoo.in) is...