-The Hindu   ‘Neo-liberal policies fine-tuned to global capitalist accumulation to blame' Neo-liberal policies fine-tuned to global capitalist accumulation are increasing poverty, mass deprivation and unemployment besides undermining food security in India, economist Utsa Patnaik said on Friday. Delivering the inaugural ‘T.G. Narayanan Memorial Lecture on Social Deprivation' under the auspices of the Media Development Foundation and the Asian College of Journalism here, Prof. Patnaik said contrary to the claims by the Centre about...

-The Times of India   Rampant corruption in government-run welfare schemes, and not just indebtedness, was one of the major reasons behind farmers in Madhya Pradesh killing themselves, a high-level committee appointed by the state human rights commission has reported. After probing the more than 4000 farmer suicides in the state during the last few years, the two member committee comprising renowned agriculture expert G S Kaushal and retired sugar cane commissioner...

-The Economic Times   Farm Sector has sought reforms in supply chain infrastructure, rationalisation of subsidies, decentralised handling of foodgrain, and higher resources to farm productivity and ensure food security.  Presenting its pre-budget wish list to the Finance Minister Pranab Mukherjee, a delegation of farmers and sector experts said there was a need to boost investment in Farm Sector to tackle food inflation. Farm Sector growth is likely to be 3-3.5% in 11th...

To banish hunger and malnutrition from the country, Parliament is likely to pass the National Food Security Bill (NFSB). In our earlier article on this issue, Can we Afford Rs 6-Lakh-Cr Food Subsidy Bill in 3 Yrs? (ET, December 17, 2011), we concentrated on the likely financial implication that we estimated at roughly Rs 6,00,000 crore over a period of three years. In this piece, we address the operational challenges...

Nobel laureate economist Joseph Stiglitz today said he was aware of the problems industry was facing in acquiring land in Bengal and suggested that government role in facilitating acquisition could help reduce the difficulty. “I talked to some people and they said it’s (land acquisition) a problem here,” said Stiglitz, a professor of economics at Columbia University, during an interaction with journalists. The former chief economist at the World Bank expressed his...