-The Economic Times Farm sector has sought reforms in supply chain infrastructure, rationalisation of subsidies, decentralised handling of foodgrain, and higher resources to farm productivity and ensure food security. Presenting its pre-budget wish list to the Finance Minister Pranab Mukherjee, a delegation of farmers and sector experts said there was a need to boost investment in farm sector to tackle food inflation. Farm sector growth is likely to be 3-3.5% in 11th...
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Prof. Amartya Sen, Nobel laureate in Economics, interviewed by Chandra Ranganathan
India must not obsess with how fast its economy is growing and instead pay more attention to its human development indicators which are worse than even that of Bangladesh, Nobel prize-winning economist Amartya Sen said. Sen, known among his peers as the Conscience of Economics, said slower growth is not a good enough reason for national gloom. If India really must feel upset, it should be because the country is...
More »Spreading anger by Niranjan Takle
Farmers in Maharashtra flock to a new breed of aggressive leaders Its name in Marathi means edge of the hill, but Dongarkada has no hill or mountain in its vicinity. What the village in Maharashtra's Hingoli district has is a cooperative sugar factory controlled by Congress leader Ashok Chavan. Though the Adarsh Housing Society scam rocked the state and forced him to resign as chief minister, the village remains loyal to...
More »The Circus is in Town
-EPW Bereft of any meaningful vision, political parties have reduced politics to gladiatorial contests. Much was promised of the Lokpal Bill in the winter session of Parliament. While a toothless bill was indeed passed by the Lok Sabha, the United Progressive Alliance (UPA) was unable to have even this endorsed in the Rajya Sabha on the last day of the session. Did this have to do with the inability of the UPA...
More »Too little, too late by Harsh Mander
If we get it right, the Food Security Bill carries the potential to alter the destinies of millions of India's poor and disadvantaged people, by assuring them as a legal right sufficient food to live with dignity. It was approved by the Cabinet after over two years of intense, sometimes fractious debate. Opinion in the Cabinet itself was reportedly divided around the proposed law. Gaping divisions persist, even as the...
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