-The Hindu The pursuit of full employment of labour cannot primarily rely on domestic private investment, much less FDI. Only public investment will steady us in the long run. We are increasingly told that the inflow of capital — particularly the foreign direct investment (FDI) variety — increases employment levels and contributes to economic growth. In a rare interview given to The Wall Street Journal in May, Prime Minister Narendra Modi reinforced...

-The Hindu This is hardly a rice ready for cultivation by farmers — it has not even entered the stage of biosafety evaluation by government regulatory institutions. Recently 110 Nobel Laureates issued a strongly worded plea to Greenpeace to “abandon their campaign against [genetically modified organisms] in general and Golden Rice in particular.” This is not the first time NOTAble scientists have waded into the controversy surrounding genetically modified (GM) crops. What...

-The Hindu 48 % of all farmers’ suicides were of those below 35 while it was 57 % for agricultural labourers, says study. A recent study by the Indian Council for Social Science Research of the growing number of farmers’ suicides in Punjab has revealed that the agrarian crisis is hitting farmers and labourers below the age of 35 the hardest. “Nearly 48.6 per cent of farmers who have committed suicide in Punjab...

-Business Standard FY10 was a drought year with a monsoon rainfall deficiency of 22 per cent of the 50-year average, resulting in a seven per cent dip in the total foodgrains production. But, that did not dampen the consumer sentiment as the auto sector grew by 26 per cent, fast-moving consumer goods (FMCG) 25 per cent and the consumer durables sector by 21 per cent. The momentum continued the following year,...

-The Hindu In an unusual sequence of events around a research paper that claimed air pollution was responsible for reducing life expectancy in Delhi by six years, Environment Minister Prakash Javadekar not only condemned the study but said in an e-mailed public statement that “the timing of the release of the study seems to be motivated as it has been done at a time when Prime Minister Shri Narendra Modi is...