For the Indian media, 2010 has been almost Dickensian: it’s been the best of  times, but also possibly the worst. A chief  minister resigning, a Union minister stepping down, senior politicians raided: when was the last time the Indian media could claim so many ‘victories’ in a single year? Yet, just as we were rejoicing at the return of  hard, uncompromising news journalism, along come the Niira Radia tapes to...

High cotton prices spun out enough problems for India’s $62 billion textiles industry, but weaved gains for growers and traders in 2010. Amid pulls and pressures from the conflicting interests, a ministers’ group under the guidance of finance minister Pranab Mukherjee kept reviewing the price and crop situation, with excessive winter rains playing spoilsport. The textiles industry pulled out all stops to lobby with the textiles, commerce and finance ministries seeking a...

The food bowl of the country figures pathetically low on hunger index — a statistical tool to measure the state of countries' hunger situation. Punjab lies below 33 other developing countries ranked by Global Hunger Index . Based on a publication by International Food Policy Research Institute (IFPRI), Washington, it was concluded that there is no link between economic progress and hunger. The IFPRI report was presented at the ongoing 93rd annual...

Confusion continues to reign in the debate on microfinance that has unfolded following the promulgation of the Andhra ordinance, soon to be replaced by Andhra Pradesh Micro Finance Institutions (Regulation of Money Lending) Act, 2010. A key confusion has been that microfinance is a major instrument of poverty alleviation. Going by the available scientific evidence and agreement among scholars, to-date, there exists no compelling study linking the expansion of microfinance to...

On the National Conference on Oil Palm at Vijayawada in Andhra Pradesh (the largest producer in the country), Mr. M.C. Rao, palm oil farmer, Gajapati district, Orissa, stated, “Just like several Government agricultural departments, officials at the conference painted a false, bright, and positive picture about the prospects of the oil palm plantation for farmers taking up this cultivation.” “As usual the policy makers miserably failed to read the pulse of...