-The Guardian In a village in India's poorest state, Bihar, farmers are growing world record amounts of rice – with no GM, and no herbicide. Is this one solution to world food shortages? Sumant Kumar was overjoyed when he harvested his rice last year. There had been good rains in his village of Darveshpura in north-east India and he knew he could improve on the four or five tonnes per hectare that he usually...
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Hollande bestows France's highest honour on Amartya Sen
-PTI Calling Amartya Sen the "greatest humanist" and a "great thinker", French President Francois Hollande today bestowed his country's highest decoration on the Nobel Prize-winning celebrated economist for his contributions to economics and philosophy. Conferring 'Commandeur de la Legion d'Honneur' (Legion of Honour) after delivering the Madhavrao Scindia Memorial Lecture here, Hollande lavished praise on Sen and quoted extensively from his works that speak about problems faced by the poorest sections of...
More »Prof. Jagdish Bhagwati, noted Economist and and Columbia University professor interviewed by Shaili Chopra
-Tehelka Edited Excerpts From An Interview NOTED ECONOMIST and Columbia University Professor Jagdish Bhagwati’s pro-free trade stance is well-known. A friend of the prime minister and his batch mate from Cambridge University, Professor Bhagwati feels the UPA’s departure from the stagnation of the past few years is a welcome change, and lauds the decision to allow FDI in multi-brand retail. In an interview to TEHELKA Business Editor Shaili Chopra, Bhagwati says more...
More »Understanding FDI in Retail: What Can Economic Principles Teach Us? -Abhirup Sarkar
-Economic and Political Weekly The recent debate on the acceptability of foreign direct investment in the retail sector in India has been mostly political. It is necessary to look into the pros and cons of FDI in retail from a purely economic point of view. This article identifi es the safeguards that should be undertaken before allowing giant multinationals to function in the country. Abhirup Sarkar (abhirup@isical.ac.in) is with the Indian Statistical...
More »Joseph E Stiglitz, Nobel laureate interviewed by Pranay Sharma
-Outlook Nobel laureate Joseph E. Stiglitz is one of the world’s leading economists. A former chief economist at the World Bank and currently University Professor at the Columbia Business School, he was recently in India to attend an international conference on development and to promote his new book, The Price of Inequality. He spoke to Pranay Sharma about growing inequality in the world and the challenges facing India. Excerpts: * Your coinage,...
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