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Boost investment to tackle price rise: Farmers tell FM

-The Economic Times   Farm sector has sought reforms in supply chain infrastructure, rationalisation of subsidies, decentralised handling of foodgrain, and higher resources to farm productivity and ensure food security.  Presenting its pre-budget wish list to the Finance Minister Pranab Mukherjee, a delegation of farmers and sector experts said there was a need to boost investment in farm sector to tackle food inflation. Farm sector growth is likely to be 3-3.5% in 11th...

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Tilting at windmills by Lalit Uniyal

The people are not always right - though they usually are. Socrates was sentenced to death in a direct democracy by popular vote in a popular jury. He was the greatest man Athens ever produced and was unquestionably one of the noblest men of all time. The Treaty of Versailles was a link in the chain of events that led to the decline of the great civilisation of Europe. Yet...

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Economics, Gogoi style

-The Telegraph   There is no jargon in Assam chief minister Tarun Gogoi’s brand of Economics — there are only blankets and bicycles and other such mundane things that he feels the poor need. And he even got a nod from a man who has received the Nobel Prize for Economics. Speaking at a discussion, flanked by Joseph Eugene Stiglitz, an Economics Nobel laureate and Lord Meghnad Desai, professor emeritus at the London School...

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Setback to UID by Usha Ramanathan

The Parliamentary Standing Committee on Finance finds the UID project to be “conceptualised with no clarity” and “directionless”. THE Parliamentary Standing Committee on Finance has dealt a body blow to the Unique Identification (UID) project. The Unique Identification Authority of India (UIDAI) was set up under the Planning Commission by an executive order on January 28, 2009. The scheme involves the collection of demographic and biometric information to issue ID numbers to...

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Amartya Sen, Nobel laureate interviewed by Asha Rai

Economist and Nobel laureate Amartya Sen, currently the Lamont University Professor and Professor of Economics and Philosophy at Harvard University believes that mere economic growth cannot be equated with the wellness of people. Social indicators are an equally important measure. In Bangalore for the presentation of the Infosys Prize for 2011 ( Sen is the jury chair for social sciences), he spoke to TOI on a variety of topics. Excerpts: Q:...

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