In normal circumstances, E. Altrin, a fisherman from Rameswaram, would have sold the juvenile lobsters, each weighing 50 gm, in the market after the catch. That is no longer the case. Nowadays, whenever he gets the juveniles he shifts them to the floating cage in the sea. “After four months in the cages, these juveniles grow in size and weigh 200 gm. If I sell the juveniles I will get only...
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Memories at public expense by Ramachandra Guha
Judging by the television news that night, May 20, 2010, was a day like any other — marked by natural disaster (a cyclone predicted for Orissa), violent rebellion (the blowing up of railway tracks by Maoists in Bihar), political partisanship (the insistence by Mamata Banerjee that the Union railways minister would be of her party even if she soon moved, as she hoped, to become chief minister of West Bengal),...
More »Population, incomes tilt India towards food imports
India's anxiety over erratic monsoon rains will become more acute as rising incomes and a growing population push up demand for farmed produce faster than supply, turning the nation into a major importer within 5 years. Forecasts of a normal monsoon this year have stirred hopes for smooth supplies and low inflation, reversing setbacks from last year's poor rains. But the country must boost yields if it is to feed...
More »Soft battles by TK Rajalakshmi
Many governments in the developing world lack the will to eradicate child labour, says the third ILO global report on the deplorable practice. The effects of the present global economic and financial crisis, rather than its causes, have been the central preoccupation of organisations such as the International Labour Organisation in recent times. The ILO, in particular, has focussed on the impact of the crisis on populations within the least...
More »Govt already planning new base year by Asit Ranjan Mishra
Work on a new base year will start the moment the government starts releasing key economic data such as the Wholesale Price Index (WPI) and the Index of Industrial Production (IIP) with 2004-05 as the reference point within a few months. The National Statistical Commission (NSC), under C. Rangarajan, has recommended that the base year be updated every five years. Officials in the ministry of statistics and programme implementation (Mospi) say...
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