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...

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...

Despite signs of progress in gender equality over the past 15 years, there is still a significant gap between women and men in terms of job opportunities and quality of employment, according to a new report by the International Labour Office of the International Labour Organisation (ILO). The report, ‘Women in labour markets: Measuring progress and identifying challenges,' says that more than a decade after the Fourth World Conference on Women...

Spiralling prices of pulses have shown India’s dependence on imports. Pulses are integral to India’s diet but not its food policy. As a result, supply cannot meet demand. What are the consequences and solutions? Surendra Nath has switched to eating grass-pea, though he knows it is not good for health. But so is tobacco, he argues. He cannot do without pulses and pigeon-pea selling at Rs 100 a kg is beyond...

This is a budget crafted for, and perhaps by, the corporate farmer and agribusiness. The real heroes of India's success story were our farmers. Through their hard work, they ensured “food security” for the country.— Pranab Mukherjee, interim budget speech Feb. 16, 2009 This Budget belongs to 'Aam Aadmi'. It belongs to the farmer, the agriculturist, the entrepreneur and the investor. — Pranab Mukherjee, budget speech, Feb. 26, 2010 Gee! Another pro-farmer budget....