The class bias in government policy is clear in the decision to release a small amount of foodgrain in the open market to tackle inflation. MOST people would agree that there is a strong element of speculation underlying the current inflation and that forward trading contributes to it. Yet the government, though it has banned forward trading in certain commodities under public pressure, is curiously reluctant to see this point....
More »SEARCH RESULT
Total Matching Records found : 1763
Of margins and the marginalised by Jayati Ghosh
The countrywide share of corporate retail in food distribution tripled in the past four years when retail food prices showed the greatest increase. THE dramatic increase in food inflation over the past two years has been associated with several surprises. One major surprise has been how the top economic policymakers in the country have responded to it. The initial response was one of apparent disbelief, followed very quickly by the...
More »Sprinkler irrigation using tubes, old razor blade, and a kerosene lamp by MJ Prabu
Many experts do not seem to know the ground realities that affect a farmer Personal experience remains the best teacher. “Today several book experts claim to know the answer for solving agriculture crises. Many officials are interested in pushing their projects in the government than for farmers' welfare. Some are foreign educated and do not seem to know the ground realities,” says Mr. Avaran, from Malappuram, Kerala, who developed a low cost...
More »Find source of black money: SC by Dhananjay Mahapatra
The Supreme Court on Thursday asked the government to widen the scope of its action on black money beyond the issue of tax evasion, questioning why it had not gone after those who had stashed huge amounts of money abroad or inquired about the source of the siphoned funds. The Centre explained the difficulty in revealing the names of foreign bank account holders who were in the zone of suspicion for...
More »Record highs in global unemployment likely to persist in 2011, UN reports
Despite a sharp rebound in economic growth for many countries, global unemployment in 2011 is likely to continue at the record highs of the past three years, highlighting the need for long-term policies that prioritize quality job creation, according to the United Nations labour agency. Moreover, a narrow focus in developed economies on reducing fiscal deficits without addressing the challenge of job creation will further weaken employment prospects in 2011, the...
More »
