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With GI tag, will the Tirur betel leaf go places? -V Sajeev Kumar

-The Hindu Business Line Kochi: Kerala betel leaf farmers are pinning hopes on the Geographical Indication status received for Tirur Vettila, the unique betel leaf variety from Malappuram district of the State, as the tag is likely to enhance its marketability in Asian markets. Pakistan was a major market for Tirur Vettila till 2016, when the government imposed restrictions by levying additional duties on the merchandise trade between the two countries following...

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India's public transport challenge -Sriharsha Devulapalli & Howindialives

-Livemint.com An effective mass transit system for India’s large urban agglomerations can flourish only with adequate financing of buses, metros, and suburban rail Among the several services that haven’t been able to keep up with the exponential growth of Indian cities is public transportation. As transit is integral to living in cities, residents have resorted to purchasing private vehicles to get around, adding to an already-severe congestion crisis in our cities. The solution...

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'Don't give sops, it's public money': SC raps Delhi govt on free rides for women in Metro

-The Indian Express The apex court said that the Delhi government is bound to ensure that the financial health of Delhi Metro rail Corporation is maintained properly and no steps are taken that might result in losses. The Supreme Court Friday came down heavily on the Delhi government for its ambitious proposal to make metro travel free for women, saying it might lead the Delhi Metro rail Corporation (DMRC) to losses. The...

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Professor Amiya Bagchi, Marxist economist, interviewed by Subhoranjan Dasgupta (The Telegraph)

-The Telegraph "The government has miserably failed to stimulate the domestic economy. It has spent less and less on public education, healthcare and infrastructure because of its erroneous policy" The Modi government has an ambitious plan to create a $5-trillion economy in the next five years — but all data points are heavily stacked against it. The economy is floundering and the Reserve Bank of India has already trimmed its growth forecast...

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Rediscovering development banks -R Nagaraj

-The Hindu The agenda to set up a development bank is a welcome initiative, but questions remain on its design Finance Minister Nirmala Sitharaman’s press conference on August 23, announcing a slew of measures to boost the economy and financial market sentiments, had an interesting idea. It was about setting up a development bank. Ms. Sitharaman said: “In order to improve access to long-term finance, it is proposed to establish an organisation to...

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