The Supreme Court (SC) surprised many on Monday when it appreciated the Centre’s effort to implement its suggestion and allocate additional 25 lakh tonnes of wheat and rice at a reduced price to people living below poverty line (BPL) within six months. The court had at an earlier hearing taken exception to the Union agriculture ministry’s silence on its suggestion to consider allocating “free” or at low cost wheat likely to...

The wastage of millions of tonnes of food grain due to lack of storage facilities may have rocked parliament and prompted the Supreme Court to direct the government to distribute grains free of cost to the poor, but Kaushik Basu, chief economic advisor in the finance ministry, believes lack of warehouses is only part of the problem and is in no way responsible for the rising food prices. In ‘The economics...

The wastage of millions of tonnes of food grain due to lack of storage facilities may have rocked parliament and prompted the Supreme Court to direct the government to distribute grains free of cost to the poor, but Kaushik Basu, chief economic advisor in the finance ministry, believes lack of warehouses is only part of the problem and is in no way responsible for the rising food prices. In ‘The economics...

Kerala has done well in the field of higher education and holds much promise. But further policy initiatives are needed to sustain the momentum and prepare for future challenges. Kerala, almost alone among Indian States, has pursued a consistent and in many ways successful higher education policy. It educates 18 per cent of its young people, double the national average, and has universal literacy. It is worth looking at what might...

The government is planning to put in place a more transparent mining policy by designating parts of mineral-rich regions as out of bounds for industry because of environmental concerns, a move that can avoid episodes such as the recent ban on mining at Niyamgiri in Orissa but could hurt expansion plans of companies located in such areas. The plan is to divide the country’s mineral-rich regions into so-called ‘go’ and...