-The Hindu Business Line While the limitations of the concept of economic growth are acknowledged, we need a better index than HDI Despite claims that economic development as a branch of economic science emerged only in the 1950s, there is no doubt that the notion of development existed even in classical economic thought processes, emerging from the writings of Adam Smith and David Ricardo. The recognition of development economics as a discipline...

The Business Standard The Planning Commission has not been central to the policymaking process since the mid-1960s In his Independence Day speech, Prime Minister Narendra Modi announced the end of the Planning Commission. There will be few mourners at its funeral, mainly old war horses like me. So this is in the nature of an obituary for an institution in which I served for a decade and a half, and where I...

-The Business Standard Government is diluting green regulations, not reforming them In his speech from the Red Fort on Independence Day, Prime Minister Narendra Modi said many sensible things about Indian manufacturing. It is certainly true that it must be a focus area for his government. As a proportion of India's gross domestic product (GDP), the share of Indian manufacturing peaked in 1996-97, at the pitifully low percentage of a little over...

-Financial Chronicle The United Nations declared 2014 as the International Year of Family Farming (IYFF) to recognise the importance of family farming in reducing poverty and improving global food security. According to the UN, the IYFF aims to promote new development policies at national and regional levels that will help small holder and family farmers eradicate hunger through small scale sustainable agricultural production. Family farming involves about 500 million families consisting...

-Deccan Chronicle Coimbatore (Tamil Nadu): Sugar production may be hit in Tamil Nadu as the state stares at a "serious shortage" of sugarcane seeds due to erratic and deficit rainfall over the last three successive years, warned Dr N. Vijayan Nair, director of the Sugarcane Breeding Institute.Presenting a bleak scenario of sugarcane production in Tamil Nadu, the official said cane farmers will surely be in distress in the coming years. Echoing...