-The Hindu The Modi government’s policy is choking domestic demand at a time when global demand is also weak. This is hardly a recipe for double-digit growth. The title seems provocative. After all, for the last several months, we have all heard that India is now the fastest growing large economy in the world. The Finance Minister keeps assuring us that the country’s economic revival is on a firm footing and that...
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MS Swaminathan, father of India's green revolution, speaks to Srijana Mitra Das
-The Times of India/ The Economic Times Renowned geneticist and administrator M S Swaminathan is popularly known as the 'father of India's green revolution'. Speaking with Srijana Mitra Das, Swaminathan discussed why he fears the WTO Nairobi meet could exacerbate global food insecurity, double standards over farming protection between developed and developing nations, an Indian Single Market in grains - and how India, already suffering 'hidden' famine, must have freedom to...
More »Free run for the rent-seekers -Biswajit Dhar
-The Hindu With the U.S. showing a preference for plurilateral agreements over WTO multilateralism, developing nations must defend the global trading system against transnational corporations The 10th Ministerial Conference of the World Trade Organisation (WTO), which also marked the completion of two decades of functioning of the most recent of the multilateral institutions, ended with an agreement among trade ministers of the member countries that may have pushed the organisation to the...
More »Onion prices up on minimum export price exemption -Dilip Kumar Jha
-Business Standard India exports onion largely to Saudi Arabia, Colombo and some other far-east countries with an estimated annual volume of 1.5 million tonnes Onion prices have started firming up, in the wake of the government’s move to abolish minimum export price (MEP) on the vegetable. While most markets in Maharashtra remained closed on account of Christmas and other festivals, prices of onion in Delhi markets moved up by Rs 100 to Rs...
More »Direct cash transfers in agriculture gain ground -Sanjeeb Mukherjee
-Business Standard In November, the government decides to transfer Rs 4.5 a quintal production incentive to bank accounts of sugarcane farmers Two months ago, the Centre after much deliberation decided to transfer Rs 4.50 a quintal directly into the bank accounts of sugarcane growers. The government called this a production incentive, but it is seen by many as an attempt to kill several birds with one stone. An incentive directly transferred into the...
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