-The Hindu Jagdish Bhagwati's attacks on Amartya Sen are based on a series of misattributions and obscure the real issues on which the two economists differ Rich and lively public debates are the raison d'être of any democracy. But the recent attacks by Professor Jagdish Bhagwati on Dr. Amartya Sen confound the real issues on which Sen and Bhagwati differ. Bhagwati tries to position himself as a proponent of growth that would benefit...

-The Hindu New IPCC report raises questions over urgency or seriousness of climate change The climate has not been warming over the past 15 years at rates predicted earlier, the latest report of the U.N.'s Intergovernmental Panel on Climate Change (IPCC), to be released September end, is going to say. The report is also going to accept that carbon dioxide gas concentration in atmosphere may not be as potent in causing global temperature...

-The Telegraph The Indian economy grew at just 4.4 per cent in the first quarter ended June 30 - its slowest pace in four years. The grim figure deepened worries for the UPA government, which has been battling criticism over its failure to halt the slide in the rupee, cap deficits, ignite growth and slam the lid on inflation. The tepid growth had been anticipated with finance minister P. Chidambaram acknowledging a few...

-The Hindu The move to redefine 'handloom' is in the interest of powerloom operators who will be able to corner benefits meant for weavers "Any loom, other than powerloom; and includes any hybrid loom on which, at least one process for weaving requires manual intervention or human energy for production." (The new definition of handloom proposed by Ministry of Textiles) The textile industry in India comprises three sectors - the mill, the powerloom and...

-The Hindu With the economic boom petering out, those who benefitted from it are angry with the government for the Food Security Bill because it is paying attention to the needs of the underprivileged for a change This week's received wisdom insists that the Indian economy has irretrievably collapsed because on Monday, the Lok Sabha passed the National Food Security Bill (NFSB). The Hindu Business Line headline (Aug.28, page 1) said it...