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Is the economy sick? -Salman Anees Soz

-The Hindu The Modi government’s policy is choking domestic demand at a time when global demand is also weak. This is hardly a recipe for double-digit growth. The title seems provocative. After all, for the last several months, we have all heard that India is now the fastest growing large economy in the world. The Finance Minister keeps assuring us that the country’s economic revival is on a firm footing and that...

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To subsidise or not: All you need to know about food security -B Sundaresan

-Hindustan Times Commerce minister Nirmala Sitharaman has said that the WTO will have to give a permanent solution to India’s food security issue. HT explains. * What has WTO got to do with food security? The World Trade Organisation was established in 1995 to facilitate trade among members, who now number at 161. The WTO facilitates trade through rounds of negotiations — there have been nine rounds till now, the latest being the...

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A Green New Deal -Marc Saxer

-The Indian Express Over-dependence on fossil fuels will hurt sustainable development in India For decades, mature economies have seen their jobs being off-shored to newly industrialising countries. To stop the bleeding, they are working hard to unleash the digital and renewable energy revolutions. The aggressive push to regain competitiveness by digital automation has been widely noted. What is less understood is the logic behind the energy transformation. In manufacturing economies, the cost...

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Breadbasket To Basket Case -Ajay Jakhar

-The Indian Express Punjab is a case study in agricultural and economic mismanagement in India From the breadbasket of India, Punjab has become a basket-case economy. Endowed with ample water and good soil, Punjab’s happy, progressive people had a dream that is now a distant memory. Punjab’s decline started with its trifurcation. In its bid to establish a separate identity, the poli-tical establishment obsessed over a religious-political agenda and steered the state...

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Why skyrocketing onion prices pack a pungent punch -Gaurav Choudhury

-The Hindustan Times The skyrocketing prices of onions, a key ingredient used in making dishes ranging from curries to biryanis, reflects India’s inability to insulate staples from weather-induced supply disturbances. On Thursday onions traded at Rs 4,900 a quintal (or Rs 49 a kg) at Lasalgaon in Maharashtra, India’s largest wholesale market for the crop. Inadequate supplies have pushed up prices sharply over the last few weeks. Already, retail onion prices have...

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