-The Business Standard Every year, like clockwork, India is caught between the spectre of months of crippling water shortages and drought and months of devastating floods. In 2014, there has been no respite from this annual cycle. But something new and strange is indeed afoot. Each year, the floods are growing in intensity. Each year, the rain events get more variable and more extreme. Each year, economic damages increase -...
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Redrawing a state in India drives land prices to the sky -Nida Najar
-The New York Times AGIRIPALLI: In this belt of villages near the fertile Krishna River delta, much is as it has been for generations: The cotton soil is as black, the mango trees as heavy with fruit, the tobacco fields as fragrant and deeply green as ever. But there have been curious changes in recent months. An old temple has received an expensive renovation, complete with a new banquet hall, courtesy of...
More »Nothing to plough back -Devinder Sharma
-DNA The aim is to drive farmers out of agriculture and turn food production into industrial enterprise Some years ago, former President APJ Abdul Kalam was addressing students at an annual event organised by K Govindacharya's Bhartiya Swabhiman Andolan at Gulbarga in Karnataka. He exhorted students to work hard, educate themselves to become doctors, engineers, civil servants, scientists, economists and entrepreneurs. After he had ended his talk, a young student got...
More »Inflation: Three reasons why rising food prices could be here to stay -M Rajshekhar
-The Economic Times None of the standard explanations quite explain the rise in food prices India has seen: pronounced since 2006 and alarming after 2010. Drought and poor rains? The country has seen good aggregate rainfall in most of those years. Spike in global prices? Those were high in 2007-08, not now. Fragmented value chains that allow middlemen to grab large margins? The value chain has always been fragmented. Growth has slowed...
More »‘Social spending programmes not reaching needy’ -Puja Mehra
-The Hindu In 2009-10, 33% of PDS off-take of kerosene diverted for non-household use: report The findings of a confidential report, commissioned by the government and accessed exclusively by The Hindu, have revealed that allocated expenditures of social spending programmes are not reaching intended users and confirm leakages due to corruption. The capitation fees collected by private colleges, on management quota seats in professional courses, last year was around Rs 5,953 crore, the...
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