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...

Spiralling prices of pulses have shown India’s dependence on imports. Pulses are integral to India’s diet but not its food policy. As a result, supply cannot meet demand. What are the consequences and solutions? Surendra Nath has switched to eating grass-pea, though he knows it is not good for health. But so is tobacco, he argues. He cannot do without pulses and pigeon-pea selling at Rs 100 a kg is beyond...

Union ministers may be squabbling heatedly over whether the moratorium on Bt Brinjal was right or wrong, but trade associations related to soya, a commodity which has been virtually swamped by the GM variety worldwide, are clear that the growing agri-biotech bandwagon has opened up immense new opportunities for safer, traditional, non-GM soya varieties. The Soy Food Promotion and Welfare Association announced the launch of a two day International Soy...

The Centre has drafted a health bill to ensure the right to health. However, health experts feel the bill will, instead, legitimise denial of health services to the poor. The Draft National Health Bill 2009 was prepared on the recommendations of the National Human Rights Commission to recognise and operationalise the right to healthcare. The demand for such a right was led by the Jan Swasthya Abhiyan, the Indian chapter...

Economic diversification is vital if the world's most poverty-stricken countries, some of them depending on a single or a few raw materials or commodities, are to escape their predicament, a top United Nations trade official said today. “Some countries had been successful in diversifying their economies, in creating jobs, in improving governance,” UN Conference on Trade and Development (UNCTAD) Secretary-General Supachai Panitchpakdi told the opening session of a two-day meeting...