-The United Nations From farming to forestry and fisheries, agriculture greenhouse emissions have nearly doubled over the past 50 years and may increase by another 30 per cent by 2050, according to new estimates out today from the UN Food and Agricultural Organization (FAO). "FAO's new data represent the most comprehensive source of information on agriculture's contribution to global warming made to date," said FRAncesco Tubiello of the agecny's Climate, Energy and...
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No country for whistle-blowers -Andrew M Beato and Narayan Lakshman
-The Hindu A strong whistle-blower protection law in India would expose financial corruption in a way that reinforces ethical business practices In 2013, generic pharmaceutical company Ranbaxy pleaded guilty to seven criminal felonies for drug manufacturing FRAud and agreed to cough up an unprecedented $500 million in fines. The case against Ranbaxy was significant not only for being a successful prosecution of a powerful India corporation. It also marked the triumph of Dinesh...
More »‘Development is intrinsic to a secular project’-Garimella Subramaniam
-The Hindu If some communities have been denied the benefits of development on grounds of religion, this development is anti-secular, argues Rajeev Bhargava, political theorist Arch rivals the Congress and the Bharatiya Janata Party continue to trade accusations against each other of playing the communal card in the campaign to the general elections. These are classic instances of the confusion over what secularism is in India. Restoring clarity on the conceptual aspects...
More »Growth in the Time of UPA: Myths and Reality -Maitreesh Ghatak, Parikshit Ghosh, and Ashok Kotwal
-Economic and Political Weekly This article challenges the prevailing view that the diminished electoral prospects of the United Progressive Alliance government is the result of neglecting growth to launch populist welfare schemes. It looks at a wide range of economic indicators to argue that compared to the National Democratic Alliance regime, the UPA period has been characterised by faster growth, higher savings and investment, growing foreign trade and capital infl ows,...
More »The strange case for India's macroeconomic exceptionalism-Shankar Sharma & Devina Mehra
-The Business Standard The Indian economy certainly has problems. But compared to the rest of the world, we will take ours any day Over the past couple of years, and particularly the past few months, we have become convinced that economists, the intelligentsia, fund managers, foreign brokers, don't read global macroeconomic news. All of the above have castigated the United Progressive Alliance (UPA) government for having ruined the economy, causing a massive growth...
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