Rubber growers and traders of Kerala are up in arms against the Union Government’s decision to slash the import duty of natural rubber to 7.5 per cent from 20 per cent. economists, farmers and traders feel that Central decision would cause the biggest agricultural crisis of recent times. The steep cut in the import duty is sure to push the farmers and traders of Kerala, which accounts for more than 90...
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Inflation forecast for India to be scaled up
Tight money policy means more capital inflows: ADB Lower middle class worst affected by inflation Infrastructure development, farm productivity can help With the Wholesale Price Index (WPI)-based overall inflation still hovering at around 10 per cent, the Asian Development Bank (ADB) on Thursday said that it was likely to scale up its inflation forecast for India by the end of September. Speaking to the media after the launch of the ADB's flagship annual statistical...
More »Mani Shankar Aiyar joins critics on NREGA working by Sreelatha Menon
Former Union Panchayat Raj Minister Mani Shankar Aiyar, lately in the news for denouncing the Commonwealth Games, is aiming his guns much closer to the UPA government’s heart, at the way it is implementing the flagship National Rural Employment Guarantee Act (NREGA). He is joining forces with like-minded critics of the Sonia Gandhi-led National Advisory Council (NAC) such as economist-actvist Jean Dreze to drive home the fact that its basic promises...
More »Anirudh Krishna, economist interviewed by Archana Masih
What are the poor most concerned about? After meeting families in 175 Indian villages in the last decade, Anirudh Krishna, says the poor's greatest worry is their children's future. With a manner of a school teacher, Professor Krishna, who teaches at the Sanford School of Public Policy at Duke University in the US, has led a team meeting poor families to find out why poverty persists. The research also includes...
More »A very hungry nation by Rukmini Shrinivasan
Independent India's greatest failing must be its inability to feed its people. With 42 per cent of all children malnourished, 56 per cent of women anaemic, and the country ranked 65th out of 84 countries on the Global Hunger Index, the report card of the state on nutrition must have an F. Most disturbing is the fact that things have got worse over time. In the first half of the...
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