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...

Orissa will soon formulate a state food processing policy to woo private investment in this potential sector. “A draft policy has been circulated among all stakeholders for their comments after which it will be finalised,” said chief minister Naveen Patnaik while inaugurating an agri and food processing conclave here today. Inviting private investors to invest in this sunrise sector, Naveen assured all necessary support required to promote agri and processed food products. Stating...

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...

NAGPUR: Farmers in Maharashtra's Vidarbha region are hoping for a Rs 30,000 crore (Rs 300 billion) development package in Finance Minister Pranab Mukherjee's budget, only two days away. According to the Vidarbha Jan Andolan Samiti (VJAS), in view of the neglect faced by the region since independence, it was high time the central government looks at Vidarbha seriously and announces a hefty development package. "The Maharashtra government has spent over...

With seven months of drought each year, Indian farmers are rarely far from disaster. Could the answer be as simple as a piece of plastic tubing? In Maharashtra, western India, the temperature is soaring into the forties. The monsoon is over and there are months of relentless baking sunshine ahead. The fertile lands are turning into kilometre after kilometre of scorched brown earth. Farming has become almost impossibly difficult. Solitary figures...