-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...

-The Times of India KOLKATA: A potato glut and plunging prices have triggered suicides in Bengal's Hooghly, Burdwan and Bankura districts. Hooghly alone reported six of them. Prices have crashed, one kg of the tuber selling for Rs 3 to Rs 4. With the pressure unlikely to ease in the near future, peasants face an uncertain future and are agitating. In 2013, Bengal's farmers reaped a good harvest of 85 lakh tonnes...

-PTI NEW DELHI: The Centre has told the Supreme Court that though the country has become self sufficient in production of cereals, it is dependent on imports to bridge the gap between domestic production and demand of edible oil and pulses. Responding to a PIL on increasing farmer suicides in the country, the Ministry of Agriculture said in an affidavit, "India has not only ensured self-sufficiency in most of the agricultural crops...

-Business-Standard Even funds for disaster relief being impeded when these come from international bodies Late last year, Caritas India, a venerable and respected voluntary organisation that has responded with alacrity to one Indian humanitarian crisis after another, sent out an appeal through its international network for funds for contributions to relief and rehabilitation work in Jammu and Kashmir, where devastating floods and landslides in September had claimed 282 lives and damaged 2.53...

-The Telegraph Guwahati: The Centre today asked Assam to tread the "lab-to-land" route to boost farm output and said an Indian agricultural research institute would be set up in the state. Union agriculture minister Radha Mohan Singh said Assam should make optimum use of its soil, which is of the highest quality, on the lines of Pusa (in Bihar where the research institute was incepted in 1905), to boost agricultural output. "Assam has...