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Train fares to go up from January 21 -Sunderarajan P

-The Hindu In a rather unusual move, the Railway Minister, P.K. Bansal, on Wednesday announced an across the board hike in passenger fares less than two months before he would be presenting the Railway Budget for 2013-14. The hike comes into effect from January 21. However, Mr. Bansal declared that there will be no further fare increase in the ensuing budget. The new hike will range from two paise per km on basic...

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Camp that provides shelter to villagers and cattle in drought-hit Beed district -Amruta Byatnal

-The Hindu Farmers bring their cattle to camp to provide water and fodder Shidewadi (Maharashtra): It’s Kavita Garje’s 10th day at the cattle camp and she can already predict the conditions for the next 10 months. “It didn’t rain at all this year, so our buffaloes have to be kept here at least till next September. We have no fodder or water for them,” the 13-year-old girl says, as she feeds her...

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The power of populists and naysayers-NC Saxena

-The Indian Express The growing influence on policy issues of activists who call themselves “civil society” is a worrying trend and needs to be objectively analysed. Two recent policy pronouncements will illustrate how government seems to be Yielding to their pressure. It is well established that absenteeism of teachers and poor quality of outcomes in government schools is the main factor behind the popularity of private schools with poor infrastructure that cater...

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Understanding FDI in Retail: What Can Economic Principles Teach Us? -Abhirup Sarkar

-Economic and Political Weekly The recent debate on the acceptability of foreign direct investment in the retail sector in India has been mostly political. It is necessary to look into the pros and cons of FDI in retail from a purely economic point of view. This article identifi es the safeguards that should be undertaken before allowing giant multinationals to function in the country. Abhirup Sarkar (abhirup@isical.ac.in) is with the Indian Statistical...

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PM for Shifting Farmers to Non-Agri Jobs to Raise Income

-Outlook Prime Minister Manmohan Singh today emphasised on the need to shift large surplus farmers to non-agriculture sector, saying per capita income of farmers would rise only when fewer people engage in farming. He also said farmers' income and agri-land Yields need to be enhanced to meet the growing foodgrains demand in the coming years, building on the success of the 11th Plan. Addressing the 57th meeting of the National Development Council (NDC),...

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