-The Hindustan Times As Prime Minister Manmohan Singh and his team pull out all stops to shake off criticism of policy paralysis with a string of reform measures, rising prices and sliding growth continue to remain key worries. A Hindustan Times survey, one of the largest of its kind covering 28,395 respondents across 13 cities, shows nearly two in three (62.7%) of the people surveyed said that high food prices were hurting...
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This fear of GM-Ajay Vir Jakhar
-The Indian Express Farmers welcome the stand of the government of India on the outright rejection of the recommendations of the technical expert committee to the Supreme Court, which suggested that a moratorium be imposed on field trials of GM crops. The SC shot down the proposal of an interim moratorium that would have strangled technology and innovation in the country. The moratorium would have also prevented Indian scientists and companies...
More »The World Bank’s misdiagnosis-Himanshu
-Live Mint Flexible labour laws in India cannot solve the problem of weak Job Growth and the poor quality of employment The theme of the World Bank’s World Development Report this year is, appropriately enough, jobs. The report recognizes that creating jobs is the surest way of reducing inequality and poverty, particularly in the developing world. But the cliché it offers as a solution is disappointing: relax labour laws. The bank has...
More »The roots of poverty: Ruinous healthcare costs-Anirudh Krishna
-Live Mint While natural disasters grab our attention, everyday events like illness drag most people into poverty In a small town of Gujarat, I met Chandibai, a woman, about 50 years of age. Fifteen years previously, her husband, Gokalji, had owned a general-purpose shop in the town centre. The family also owned a house and some agricultural land. In 1989, Gokalji developed an illness that confined him to bed, sometimes at home...
More »Rural India Spending High Amount on Protein Food: Crisil
-Outlook Rising income levels in rural areas have led to an unprecedented demand for protein-based food items, leading to sustained pressure in headline inflation, says a Crisil report. "Rising incomes in rural areas are fuelling greater spends on protein products such as milk, eggs and meat in the hinterland. Overall spending in the country on protein food doubled to Rs 2 lakh crore in 2009-10 from 2004-05. Two-thirds, or Rs 1.33 trillion,...
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