-Down to Earth Demand minimum support price of above Rs 2,000 per 100 kg; say present MSP does not meet even cost of cultivation Maharashtra government has recently announced the minimum support price for wheat at Rs 1,400 per quintal (100 kg). The decision has not gone down well with either the farmers or the agriculture department. Farmers in the state have questioned the rationale behind this low MSP, saying that such...
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Agri ministry estimates bumper foodgrain output
-The Business Standard Third advance estimate of 2013-14 says grain production to rise 2.8% India's total foodgrain production in the 2013-14 crop marketing season that ends in June is expected to be around 264 million tonnes, almost 2.8 per cent more than 2012-13, some relief to the next government at a time when monsoon rains are expected to be below-normal this year. According to the third advance estimate of 2013-14 agriculture production, released...
More »News space on sale-Divya Trivedi
-Frontline Political parties flush with funds provided by corporate houses are winning over journalists, and some news organisations are creating packages for election coverage, making the phenomenon of ‘paid news' all pervasive. THE credibility of journalism and journalists has been greatly undermined by the scourge of cash for coverage, a much-abhorred sickness in the profession worldwide. News space on television, radio and newsprint is compromised with impunity with blatant advertising parading...
More »Story of a fraying capitalism-Ashoka Mody and Michael Walton
-The Indian Express India's rentier capitalism is an inset in the big picture drawn by Thomas Piketty French economist Thomas Piketty has written a scholarly tome with the humdrum title, Capital in the 21st Century. The book has become an overnight sensation because Piketty documents an inherent tendency for ever-increasing inequality of income and wealth in capitalist economic systems. It is not an accident, he says, that many will be left behind...
More »Economist Thomas Piketty, professor at the Paris School of Economics interviewed by Subodh Varma
-The Times of India Is wealth trickling up instead of down? Yes, says rockstar economist Thomas Piketty whose new book proposing a wealth tax on the super rich has sparked off a firestorm. Excerpts from an exclusive interview... His book Capital in the Twenty-First Century has put the spotlight on Thomas Piketty, transforming the Paris School of Economics professor to global superstar. In these troubled times, he highlights a troubling issue:...
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