India’s growth is not falling, although it is not as high as before If there is a crisis, there should be economics to deal with it; what use are economists if they are not around to help out when things get bad? And it is not enough to have economics. There was plenty of economics in 1929. As output and employment plummeted, economists said, this is good. It will take...

Southern Kerala state is known for the lush expanses of cardamom, pepper, tea and rubber that grow on its misty hills, and the bountiful catches of fish on a coastline punctuated by lagoons and backwaters. But a cloud in the form of a a free trade deal with the Association of Southeast Asian Nations (ASEAN) bloc hovers over this picture of plenty. With the Indo-ASEAN Free Trade Agreement (FTA) now...

More Indians go to bed hungry today than they did on the eve of Independence 62 years ago So, more Indians go to bed hungry today than they did on the eve of Independence sixty two years ago. The per capita calorie intake, experts say, has dropped to what it was at the end of World War II. On top of it now, over 25 per cent of the country...

The Prime Minister’s Independence Day address to the nation was particularly disappointing this year. The Prime Minister has said, yet again, that "the country needs another Green Revolution". But what’s distressing is that his government has not even formulated a draft strategy for such a revolution in the last five years, let alone launch it. Why? Largely because the agriculture minister has not shown the slightest interest in a "Second...

Agriculture is not just a food producing machine but the backbone of the livelihood of 60 per cent of Indians. The extensive drought spotlights a situation of mass rural deprivation and a mindset that is insensitive to it. But there are some encouraging signs. What should be done to meet the challenge?  There are reports in financial newspapers that the ongoing drought affecting nearly 200 districts in the country may...