-The Hindu Business Line The mythology of free trade being a force for economic progress remains entrenched in world politics Globalisation has created a unique spectator sport, where political dignitaries periodically gather at carefully chosen venues for days of deliberation over humanity’s most consequential problems. It is a spectacle at which ‘civil society’ — as the new force in world politics is called — is granted a tent of its own, financed...

-The Hindu Two years after vociferously arguing for an expansion of the provisions of the National Food Security Act, the BJP in government is bleeding it with a thousand cuts, both fiscal and otherwise When Parliament passed the National Food Security Act (NFSA) in 2013, it had already become one of the most debated pieces of legislation in decades. Those for and against it had fought it out across yards of space...

-The Hindu In the present state of the economy, when there is excess capacity in manufacturing, adequate stocks of foodgrain and the inflation rate is trending downwards, there is an opportune moment for a public investment-centred fiscal expansion Over the past eight months, the government has issued some strong statements on the economy and taken some bold steps aimed at transforming it. As it prepares to present its first real budget we...

-Outlook As subsidies for the poor continue to be under attack, a ground-up report from 10-states shows how well welfare schemes have worked over the last 10 years. Ahead of Elections 2014, rights-based welfare schemes are under attack. To those who argue ‘Dolenomics' doesn't work, a survey of five schemes in 10 states shows that the Rs 1,68,478 crore annually the nation spends is making a real and tangible difference on...

-Live Mint The big question is whether commitment made by Chidambaram-to contain fiscal deficit at 4.8% of GDP-will be met With the current account deficit in check, the spotlight is now on the second major macroeconomic problem that needs to be fixed: the fiscal deficit. The big question is whether commitment made by finance minister P. Chidambaram in the budget-to contain the fiscal deficit at 4.8% of gross domestic product (GDP)-will be...