The World Economic Outlook – a bi-annual publication of the International Monetary Fund (IMF) -- released in October 2020 has anticipated that the economic progress made by the countries since the 1990s to reduce poverty would be turned upside down by the COVID-19 pandemic. On top of that, economic disparity would rise too in the post-COVID world because the crisis has disproportionately impacted women, informal sector workers and people with...
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Top farm scientists body rejects zero budget natural farming -Harish Damodaran and Parthasarathi Biswas
-The Indian Express This comes even as Prime Minister Narendra Modi, addressing the 14th Conference of Parties to the UN Convention to Combat Desertification on Monday, mentioned that “we are focusing on ZBNF”. India’s premier academic body of agricultural scientists has hit out at Zero Budget Natural Farming (ZBNF), terming it as an “unproven” technology bringing no incremental value gain to either farmers or consumers. “The government should not needlessly invest capital...
More »Why an industrial policy is crucial -Santosh Mehrotra
-The Hindu No major country has managed to reduce poverty or sustain economic growth without a robust manufacturing sector The contribution of manufacturing to GDP in 2017 was only about 16%, a stagnation since the economic reforms began in 1991. The contrast with the major Asian economies is significant. For example, Malaysia roughly tripled its share of manufacturing in GDP to 24%, while Thailand’s share increased from 13% to 33% (1960-2014). In...
More »Jean Dreze, development economist, interviewed by Down to Earth
-Down to Earth Jean Dreze on why he prefers a solidarity society, rather than a welfare state * Are you actually an advocate of the welfare state? Ideally, I would prefer to think in terms of a solidarity society rather than welfare state, for two reasons. First, private non-profit institutions can play a very useful role in the social sector. In many countries, some of the best schools and health centres are run...
More »Privacy: Many-splendoured right which needs to be at forefront of civil liberties -Madhavi Goradia Divan
-Hindustan Times The judgment in Puttaswamy takes privacy far beyond the confines of Article 21 and weaves it into other fundamental rights such as the freedom of conscience, the freedom of assembly and the freedom of occupation. Fundamental rights were once described by the Supreme Court as “empty vessels into which each generation must pour its content in light of its experience” (PUCL v Union of India (2003) 4 SCC 399). Close to...
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