-The Hindu The Modi government’s policy is choking domestic demand at a time when global demand is also weak. This is hardly a recipe for double-digit growth. The title seems provocative. After all, for the last several months, we have all heard that India is now the fastest growing large economy in the world. The Finance Minister keeps assuring us that the country’s economic revival is on a firm footing and that...
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From Plate to Plough: The fertiliser challenge -Ashok Gulati
-The Indian Express The sector is ripe for reform. Will the Centre bite the bullet in the next budget? One of the top economic priorities of Prime Minister Narendra Modi is to boost the manufacturing sector. Much of the effort to attract FDI is geared towards this. But the fertiliser sector has not seen any major fresh investment in the last 15 years or so. Some urea manufacturers are even seriously thinking of...
More »Stalemate continues at WTO meet in Nairobi -Arun S
-The Hindu The WTO Nairobi meet — which was expected to produce by noon local time (2.30 PM IST) on Friday a Ministerial Declaration to liberalise global trade — stretched into overtime with the developing and the developed world failing to bridge their differences over farm issues as well as on whether to continue with the ongoing 14-year-old Doha Round talks. Hectic parleys were on between member countries, during the last day...
More »Setback for India: WTO draft text silent on country’s demands -Kirtika Suneja
-The Economic Times NAIROBI: In a major setback to India, the first draft of the WTO's committee on agriculture is silent on the two issues that the country has been pitching for- a permanent solution for food security concerns and a special safeguard mechanism (SSM) to protect from sudden surges in imports. The draft has dismissed the SSM issue in a few lines and linked it with the broader context of agricultural...
More »Why Odisha’s farmers are taking their lives -Biswajit Padhi
-Civil Society Online Bhubaneswar: Laxman Goud, a 35-year-old farmer in Thakurpalli village in Komna block of Nuapada district of Odisha, used to lead a very simple life. He was a devoted follower of Mahima Dharma, a subaltern religion practised by underprivileged castes in Odisha. One morning, he took his life in desperation. He couldn’t repay Rs 19,000 he had borrowed from a local moneylender at 36 per cent interest. Goud had invested...
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