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Government sets up panel to review poverty line

-IANS The government on Thursday set up a technical panel to review the Tendulkar Committee methodology for deciding the poverty line for which it has under increasing criticism in recent months.  The technical group panel headed by the Prime Minister's Economic Advisory Council Chairman C. Rangarajan will "revisit the methodology for estimation of the poverty and identification of the poor," the Planning Commission said in a statement.  Based on the methodologies suggested by...

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Critical struggle-Ananya Vajpeyi

Recently, the Indian Council of Social Science Research, the highest body that funds and guides the social sciences in India, has initiated an in-house debate about the current state and the future prospects of such research. What is the quality of work that has come out of our universities and research institutes over the past 10-20 years? Which new areas of inquiry deserve more time, money and attention in the...

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Indians popping more antibiotics than ever: Study-Kounteya Sinha

There has been a six-fold increase in the number of antibiotics being popped by Indians. This includes the retail sale of Carbapenems -- powerful class IV antibiotics, typically used as a "last resort" to treat serious infections caused by multi-drug resistant, gram-negative pathogens. Research by the Centre for Disease Dynamics, Economics and Policy, Washington DC, has found that retail sale of carbapenems increased six times -- from 0.21 units per million...

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How normal monsoon could impact agriculture, inflation, income & storage-Mishita Mehra

Last week, the Indian Meteorological Department (IMD) released its first annual monsoon forecast for June-September. Monsoons are likely to be normal with the probability of deficient or excessive monsoons being relatively low, according to IMD. If this prediction comes true, what does this really mean for India's economy? Impact on agricultural output: The first and most important impact is, of course, on agricultural production, especially in the kharif or summer season....

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Bt cotton proves ‘deadly' for farmers-S Harpal Singh

Twenty-three suicides reported in Adilabad district since November 2011 In a scenario dominated by Bt cotton, only those farmers in Adilabad seem to be safe and happy who have practically given up cotton cultivation. Many farmers, especially those with smaller holdings, are finding the Economics of Bt cotton to be really deadly. Some 23 suicides by cotton farmers have been reported in the district since November last year. In a majority of...

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