-The Times of India With finance minister P Chidambaram recently declaring at a full Planning Commission meeting that cash transfers may replace subsidies for food, fertilizers and Fuel by the end of the 12th five-year Plan, the controversial proposal has again taken centre stage. A recently concluded pilot project which substituted ration cards with Rs 1,000 transferred monthly to families throws light on the pros and cons of the scheme. The study...
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Economic prosperity Fuelling food inflation: Raghuram Rajan
-PTI Economic prosperity is Fuelling food inflation in the country, Chief Economic Adviser Raghuram Rajan today said while making a case for increasing productivity to fight price rise. In his first media interaction after assuming charge, Rajan justified the diesel price hike saying there is a need to link domestic Fuel prices with international rates to curb fiscal deficit. "One of the concerns of the last few years has been food inflation, which...
More »Singh’s Homespun Plea for Liberalizing India -Chandrahas Choudhury
-Bloomberg It wasn't the Gettsyburg Address -- unless it's poker faces we're comparing. Future historians aren't going to be parsing Prime Minister Manmohan Singh's speech for hidden meanings, and rhetoricians won't be delighting in the majesty of its style and the compression of its effects. It inflamed no passions, as did Mitt Romney's words about the "47 percent," and asserted no big idea or thesis, unless there was one contained in the...
More »Oil PSUs: Decoding the math of loss or under-recovery and what it means-Avinash Celestine
-The Economic Times How right was the government when it stated that the under-recoveries posed a threat to 'our national economy'? Or when the government says that it gave more to the sector in the form of subsidies than it earned as Fuel taxes? The government would also like you to believe that the under-recoveries, dependent as they are on the price of crude in the international market, and the exchange...
More »Myths about industrial agriculture -Vandana Shiva
-Al Jazeera Organic farming is the "only way to produce food" without harming the planet and people's health. Reports trying to create doubts about organic agriculture are suddenly flooding the media. There are two reasons for this. Firstly, people are fed up of the corporate assault of toxics and GMOs. Secondly, people are turning to organic agriculture and organic food as a way to end the toxic war against the earth and...
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