-TheWire.in Policy makers should conduct deeper analysis on the many subtle factors that shape inflation and its effects on the Indian economy. In 1923 when Rudolf von Havenstein, the president of the German Reichsbank (later known as the Deutsche Bundesbank), recklessly initiated a money printing drive in response to the German government’s demand to spend more money, Germany was inevitably embroiled in a bout of hyperinflation and its worst crisis of the...
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It never trickles down -Prabhat Patnaik
-The Hindu The state has become exclusively concerned with the Interests of globalised capital and the domestic corporate-financial oligarchy aligned with it. The income squeeze on peasants is one consequence Central to the “reforms” introduced in 1991 was not a “retreat of the state” in favour of the “market” as is commonly supposed, but a change in the nature of the state. This change was not necessarily a conscious decision; it was...
More »A forest drought no one is talking about -Purshottam Singh Thakur, Ajit Panda & Anupam Chakravartty
-Down to Earth Severe dry spells in Indian forests have hit the livelihood of more than 100 million people. But India simply does not acknowledge this drought For more than five months, residents of Jabarra village have been foraging the forests for minor forest produce (MFP). The forest in Chhattisgarh’s Dhamtari district is abundant with more than 200 types of forest produce and the district is known as Asia’s biggest trading...
More »As cotton wilts, farmers switch to planting pulses; acreage up 39%
-The Hindu Business Line Bengaluru: Pulses such as tur (arhar), urad, moong, and oilseeds — mainly groundnut and sunflower — and maize have turned out to be the hot favourites of farmers, who have brought a larger area under these crops in the ongoing kharif planting season. The prevailing high prices, coupled with an increase in the support price and bonus incentive announced by the Centre, is the main reason farmers in...
More »Prashant Bhushan, founder of Swaraj Abhiyan, speaks to Vrinda Gopinath (thewire.in)
-TheWire.in Swaraj Abhiyan founder Prashant Bhushan discusses the Essar tapes and other scams, the role of whistleblowers and his fallout with Arvind Kejriwal. Celebrated lawyer-activist Prashant Bhushan has just notched up another victory with the Supreme Court-appointed panel decreeing there was prima facie evidence that former CBI director Ranjit Sinha had attempted to influence the investigation into the coal block allocation scam under the then UPA government. The court’s observation was based...
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