Despite its slackening industry, the common perception of West Bengal as a backward state has little substance when one looks at the facts. Most of us are conditioned to view economic development in terms of industrialisation. While industrialisation is essential for economic transformation, it is not as if economic growth is not possible without it. The sectoral structure of India's gross domestic product (GDP) and its slow transformation makes a good...
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Maximum Dithering for Minimum Wages!
Even though the Central Government agreed to link the wages paid under MG-NREGA to the Consumer Price Index for Agricultural Labourers (CPIAL), it shied away from paying statutory minimum wages in various states of India. Their logic for this: Lack of clarity on who will bear the extra financial burden—the Centre or the states? A letter from the Prime Minister Manmohan Singh to UPA and NAC Chairperson Sonia Gandhi dated 31...
More »Inflation: What’s stifling your veggies by Zia Haq
An innovative mechanism to save farmers from exploiting traders, which India implemented as a national model in the 70s, is now being blamed for rising vegetable prices. Agricultural produce marketing committees (APMCs) have become archaic and vegetables and fruits need to be taken out of these local market hubs, analysts say. “They have turned into platform for hoarders, rather than a buyer-seller platform,” farm expert Sompal, who was formerly union agriculture...
More »Another 426 tonnes of Pak onion lands at Gujarat port
Three days after arrival of 200 tonnes of onions from Pakistan, an additional 426 tonnes of the vegetable has also landed at Mundra port in Gujarat from the neighbouring country to boost domestic supply. "Second consignment of 426 tonnes of onions imported by the Indian government from Pakistan landed at the Mundra port yesterday (Sunday)," official sources said on Monday. "After the two consignments, rest 374 tonnes of the contracted onions...
More »Sweet Surrender by Chandrashekhar Dasgupta
At the Cancun climate change conference in December 2010, Jairam Ramesh, Union minister for environment and forests, raised the white flag of surrender when, departing from the prepared text, he declared, “all countries, we believe, must take on binding commitments under appropriate legal forms”. The minister thus signalled that India will give in to pressures from developed countries to convert its voluntary, nationally-determined mitigation actions into internationally-binding commitments in an...
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