The economist and political commentator who was appointed to a four-member team of the UN to recommend reforms to the global financial system critiques Budget 2010 Economist and political commentator Prabhat Patnaik, currently vice-chair of the Kerala Planning Board, is a strong critic of the government’s economic policies. In 2008, Patnaik, who has taught at JNU since the 1970s, was appointed to a four-member team of the UN to recommend...

Indian farmers are known to be second to none when it comes to adoption of new technology. But, what is not so well-appreciated is that many of them are daring enough to take a break from traditional crops and venture into wholly new fields and make a success of it through their own ingenuity or with some institutional or state help. There are countless instances of such endeavours. The agriculture ministry...

Forget the rhetoric, the FM’s left little for core social sectors The Union finance minister’s enthusiasm in marking the roadmap to financial discipline and pushing reforms in Budget 2010 is somehow missing in his proposals for inclusive growth. These proposals lack the required homework—in referring to relevant literature, including some recent government reports, and in making estimates of the required funds—and certainly do not reflect much commitment to inclusive growth. Agriculture—which...

Failure of kharif crop and mounting debts stated to be reasons  The interest rate on private loans ranges between 24 and 36 per cent The district witnessed 15 deaths in 3 days during November Sixty-nine farmers from Adilabad district committed suicide during the kharif season that lasted from August to November 2009 and the number grew to 93 by December 15, if reports from the non-governmental organisations and farmers’ associations in Andhra...

With often preventable, non-communicable diseases such as heart attacks, strokes, diabetes, cancer and chronic respiratory illness accounting for 60 per cent of all global deaths, experts from around the world gathered at a United Nations forum today to draw up plans to reverse the trend. Solutions exist to prevent premature deaths from such diseases by cutting tobacco use, unhealthy diets, physical inactivity and the harmful use of alcohol, yet the...