The economist and political commentator who was appointed to a four-member team of the UN to recommend reforms to the global financial system critiques Budget 2010 Economist and political commentator Prabhat Patnaik, currently vice-chair of the Kerala Planning Board, is a strong critic of the government’s economic policies. In 2008, Patnaik, who has taught at JNU since the 1970s, was appointed to a four-member team of the UN to recommend...

“It would improve the standard of life of people in the rural areas”  United Nations Development Programme (UNDP) Administrator Helen Clark has praised successful implementation of the Mahatma Gandhi National Rural Employment Guarantee Scheme in Rajasthan, saying it would improve the standard of life of people in the rural areas and stop their migration to cities. “Conceived as the biggest employment generation programme in the world, the NREGS is seemingly yielding...

Much of the daylight robbery in the name of Commonwealth Games has been justified in the name of "National Prestige" and "World class aspirations. Whether all these surreptitious measures will eventually deliver the games is an open question? The Commonwealth is a 'friendly' association of those 72 colonies which were once part of the British Empire and rose to free nationhood - some through protracted struggle and others through negotiation. In...

The MoU is also intended to give a push to private investment in agriculture  The government last week quietly secured Cabinet approval for a new agreement with the United States that aims, inter alia, at promoting the privatisation of agricultural extension services and facilitating collaborations between American agribusiness and the Indian farm sector. The proposed Memorandum of Understanding with the U.S. on ‘Agriculture Cooperation and Food Security’ was approved on...

The heat generated in the media on climate change issues has been put off by a cold winter. However, R.K. Pachauri of The Energy Research Institute (TERI), the leading climate change expert has suffered some burns. Allegations of financial dealings with corporations that are the biggest polluters and violators of good environmental practices have left him groping for cover. In his defence, he makes many separations — of himself as...