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From farmer to businessman -Trilochan Sastry

-The Hindu The fact that food companies prosper but farmers commit suicide shows that profits are in the market, not the farm. It is time to replicate the Amul story many times over In the ongoing debates on the new land acquisition bill, the potential of agribusiness to address agrarian distress has not been explored. There are several domestic agriculture companies, both listed and private, that are doing extremely well amidst an...

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Forget Inflation Targeting -Prem Shankar Jha

-The Indian Express   It has only managed to kill manufacturing and employment growth    In the 1950s, misapplied economic policies gave India one of the lowest growth rates in the world for 30 years, and left it behind East and Southeast Asia. Now another set of policies is completing its economic ruin. The architect of this is the RBI and its instrument of choice, the interest rate. Indian business has been begging for a...

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The Public Education System and What the Costs Imply -Kiran Bhatty, Anuradha De, and Rathin Roy

-Economic and Political Weekly There are basic methodological and conceptual problems with recent research that ends up arguing that private school education is more effective than public education. Such findings have obvious policy implications but it is critical that research that informs policy is based on a correct reading of facts, keeping the larger vision of education in mind. Recent research into the cost effectiveness of public education vis-à-vis private education concludes...

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Debate legitimate but can’t abolish death penalty, says Centre

-Hindustan Times The Narendra Modi government on Thursday called the debate on abolishing capital punishment “legitimate” but made it clear there was no way India could afford to take the leap now due to terrorism in India and the country’s disturbed neighbourhood. Finance minister Arun Jaitley also rejected suggestions that the government had been in a hurry to execute 1993 Mumbai serial bomb blasts convict Yakub Memon and made it clear that...

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10 states seek to have their own land laws -Archis Mohan & Sanjeeb Mukherjee

-Business Standard This could help bypass central legislation and break the land Bill deadlock Ten big states, most of those ruled by the Bharatiya Janata Party (BJP) and its alliance partners, on Wednesday sought to unshackle themselves from the logjam over amendments to the contentious land acquisition Bill, 2013, by proposing to bring their own laws for boosting infrastructure development. At a NITI Aayog meeting to discuss the land Bill (the Right to...

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