-Down to Earth High-level committee report was submitted to the Prime Minister's Office in May 2014, and includes radical recommendations Tribal communities have historically faced the brunt of the state's development agenda. It seems the attitude of the government towards the tribal communities has changed little over the years. A report of the current status of tribal communities, submitted to the Prime Minister's Office in May 2014, has been kept under wraps with...
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Food Subsidy Concept, Rationale, Implementation Design and Policy Reforms -Bhupat M Desai, Errol D'Souza, and N V Namboodiri
-Economic and Political Weekly This paper counters negative advocacy about the food subsidy, the public distribution system, and farm price supports. It argues that the public food supply chain for Market Intervention has a favourable impact on the cost-benefit ratio, poverty reduction, calorie consumption by the poor and productivity-led agricultural growth. The paper proposes reforms for the six pillars of the public food supply chain. These include: an alternative poverty line...
More »Free market model has failed: Kaushik Basu -Puja Mehra
-The Hindu "World Bank too has changed its goal to fighting no longer for just eradication of poverty but also for shared prosperity" There is now a consensus the world over that the free market economic model does not work, said World Bank chief economist and former Chief Economic Adviser to the government of India Kaushik Basu on Sunday. Dr. Basu was speaking at a function organised here by the ‘Ideas for...
More »Wither Away the Pressure on India's Patent Law -Saradindu Bhaduri
-Vikalp Once again, India is under pressure from the US to revise its patent law. Anyone familiar with the activities of the United States Trade Representatives (USTR) would know that this is nothing new. It has been among the USTR's primary mandates to use trade restrictions in order to persuade (to put it mildly) countries to strengthen their IPR laws. There is, however, a qualitative difference between the actions it has...
More »Now high, now low of onion market in Karnataka -Girish Pattanashetti
-The Hindu Cabinet announces relief, rules out MSP HUBBALLI (Karnataka): The State Cabinet on Wednesday ruled out the possibility of a minimum support price (MSP) for onion while announcing a compensation of Rs. 9,000 a hectare for crops damaged due to rains in Chitradurga, Davangere, Gadag, Dharwad and Bellary districts. This has come on the heels of growers protesting crashing prices of their produce. A macro view of market scenario shows that fluctuations...
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