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Public funds to push neoliberal agenda -CP Chandrasekhar

-Frontline.in   The Modi government has apparently realised that the private sector is not up to the task of driving growth. It hopes to fund its neoliberal dream of India becoming the fastest-growing emerging market through a combination of off-Budget borrowing and drastic expenditure reduction in key social sectors. IT will soon be a year since the National Democratic Alliance (NDA) government under Prime Minister Narendra Modi took office at the Centre....

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Land acquisition: First, sow the seeds of security among farmers -Abhijit Banerjee

-Hindustan Times Many years ago, Jagdish Bhagwati, a very distinguished economist long before he became one of the patron saints of the NDA, published an important paper on what he called Directly Unproductive Activities or DUP. These bore a close relation to what his friend and well-known South Asia scholar, Anne Krueger, had called rent-seeking activities in some slightly earlier work. Both made the important point that the social cost of...

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Corporate Capitalism in the Name of Social Security -KP Kannan

-Economic and Political Weekly The many schemes that have been announced in the name of social security are limited in scope and the quantum of security they prefer. The promotional schemes will also be linked to the market and will benefit the insurance companies. In the meanwhile, basic social security programmes are either ignored or provided limited funding K P Kannan (kannankp123@gmail.com) is Visiting Professor at the Institute for Human Development, New...

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PM targets 'lies' in broadcast to farmers -Radhika Ramaseshan

-The Telegraph New Delhi: Prime Minister Narendra Modi today used his monthly radio broadcast to reach out to farmers and defend the controversial land acquisition bill, asking them not to be misled by the Opposition's "lies". He denied that his government's intended amendments to the UPA-steered 2013 land law favoured corporate houses and would deprive farmers even of the right to move court against a takeover of their land. Modi's speech launched the...

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Aahaar seeks corporate fuel -Subhashish Mohanty

-The Telegraph Bhubaneswar: The Naveen Patnaik government has sought the corporate sector's help to finance its new Aahaar (food) scheme, under which rice and dalma would be served to people at lunchtime for Rs 5. The scheme would be launched on April 1, coinciding with the 79th foundation day of the state, in Bhubaneswar, Cuttack, Berhampur, Sambalpur and Rourkela. It would cater to 25,000 people every day. In Bhubaneswar, the subsidised food will...

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