-The Indian Express There is a worrying dearth of Indian economists working on agriculture today. In his classic Money: Whence It Came, Where It Went, John Kenneth Galbraith observed how the economics profession had a well-defined order of precedence. At the top were the economic theorists and specialists in banking and finance. At the bottom of the hierarchy were agricultural economists. George F. Warren from Cornell University was even worse — a...

-The Indian Express Punjab is a case study in agricultural and economic mismanagement in India From the breadbasket of India, Punjab has become a basket-case economy. Endowed with ample water and good soil, Punjab’s happy, progressive people had a dream that is now a distant memory. Punjab’s decline started with its trifurcation. In its bid to establish a separate identity, the poli-tical establishment obsessed over a religious-political agenda and steered the state...

-The Indian Express Scapegoating ‘hoarders’ and ‘speculators’ for the spike in dal prices might have been effective in the 1960s. But today, it is only evidence of a rather sloppy conceptual policy framework. The pulse rate of a normal and healthy human body hovers between 60 and 100 beats per minute. There can be problems if it goes any higher — and a serious threat to life over 200 beats per...

-DNA When it comes to farmers, the government has precious little to offer The monsoon season is over. With 14 per cent shortfall in the amount of rains, and with nearly 39 per cent of the cropped area in the country hit by a crippling drought, I was expecting the Reserve Bank of India governor Raghuram Rajan to announce a series of monetary benefits and exemptions in credit repayments for farmers....

-The Indian Express Farmers are unanimous that Punjab hasn’t seen such bad days, with one or the other crop failing in consecutive seasons — and now basmati selling even below parmal. Jalandhar: When farmers in Punjab began taking the harvested grain from their Pusa-1509 superfine basmati paddy crop early this month, they were shocked to see it fetch rates below not just half of last year’s levels, but even the official minimum...