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A perfect storm threatens Maharashtra's cotton farmers -Aman Sethi

-The Business Standard A delayed monsoon and abundant cotton in the international market could spell trouble in the state's suicide zone Yavatmal (Maharashtra): As the skies stayed clear till the second week of June, Ramesh Gulabhrao Digde's mood darkened. His two acres were ploughed at great expense, the seeds were purchased, and a sack of fertilisers lay in a corner of his thatch-roofed hut in Parsodi village in western Maharashtra's Yavatmal...

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China, Cuba back India for food procurement subsidies at WTO -Amiti Sen

-The Hindu Business Line China, Cuba also support India India, China and Cuba have joined hands at the World Trade Organization (WTO) to demand inclusion of subsidies for food procurement and food-aid programmes in the list of permissible incentives. New Delhi has refused to give its consent to a trade facilitation protocol being pushed by several developed WTO members, such as the US, Australia and the EU, till there is a permanent solution...

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The good is in the detail -S Gurumurthy

-The Hindu   The national discourse is so superficial that it only talks of foreign direct investment, investment allowance, tax sops and the like which are just about a twentieth to a sixth of the national economy. It did not even notice paragraph 102 in the Union budget speech which is about half of India's economy. Commentators see facts hidden in budgets as the "devil's in the detail." This presumes that only...

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Get over the growth fetish -Ashish Kothari

-The Hindu Business Line   Perpetual growth is a piece of nonsense. The focus should be on protecting livelihoods through sustainable means Construct a building, demolish it, reconstruct, break it down again, and go on repeating this meaningless exercise. You will have economic growth, as currently measured. But no net gain in employment during the endless cycle of construction and demolition, no net increase in productive capacity, and no appreciable change in poverty...

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A veggie vengeance -Shreekant Sambrani

-The Business Standard   The government needs counter cyclical policies to tackle vegflation, which has become a recurrent problem Somebody help. Narendra Modi and Arun Jaitley are held hostage, not by jihadists, recalcitrant opposition, international capital or the ever-erratic monsoon, but by faceless, nameless manipulators of Nasik, Navi Mumbai and Azadpur markets. The "raw" terror they have let loose resounds in the corridors of government as well as media power. Cutting to the chase,...

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