-IANS A small sugarcane farmer in western Maharashtra, Bhau Kadam (name changed) and his family, own about three hectares of land. He has two sons who are both graduates and work in Pune. When I asked him why he did not make his sons farmers, he says that farming is hard work, is non-remunerative and it is difficult to get labour. Besides he also thinks that farming is not glamorous, a farmer's...
More »SEARCH RESULT
Poverty Trends in India 2004-05 to 2009-10 Updating Poverty Estimates and Comparing Official Figures -Utsa Patnaik
-Economic and Political Weekly A comparison of the consumption expenditure and associated nutritional intake data for 2009-10 with that of 2004-05 shows worsening poverty in terms of the percentage of people unable to reach the minimum required calories energy intake through their monthly spending on all goods and services. This result must be seen in the context of neo-liberal policy, the financial crisis and consequent global recession affecting export production, the...
More »A sugar rush that could fuel the economy -R Viswanathan
-The Hindu India should take its cue from Brazil and invest in ethanol as a viable commercial substitute for costly petrol The public and media were outraged recently after a suggestion that petrol stations could be closed from 8 p.m. to 8 a.m. to curb consumption. Oil import is the heaviest burden on India's foreign exchange, at $144 billion last year. The situation could get worse, given the potential for an increase...
More »Economists on the Wrong Foot: a critique of Jagdish Bhagwati and Amartya Sen-Ashish Kothari and Aseem Shrivastava
-IndiaResists.com The ongoing debate between two stalwart economists, Amartya Sen and Jagdish Bhagwati, must be joined by those who understand contemporary realities and challenges in terms altogether different from those of mainstream economists. In a recent (July 27) article in Times of India, Bhagwati's co-author Arvind Panagariya characterizes the differences between the two in the following terms. Sen favours education and health measures as being the first steps to tackle poverty...
More »A race towards climate catastrophe-Nagraj Adve
-The Hindu The Earth is now in uncharted territory as atmospheric carbon dioxide has shot past the 400 ppm mark. There is no more room for manoeuvre When Brian Lara scored a scintillating 400 not out in Antigua in April 2004, it seemed his score would remain unchallenged for the foreseeable future. But we now have another player on the scene who has scored 400, and threatens to go past that number...
More »