Peruvian economist Hernando de Soto turned classical capitalism on its head with his trickle-up theory: that if you create wealth at the bottom of the pyramid, it will find its way up. de Soto, president of the Institute for Liberty and Democracy, speaks to The Indian Express Editor-in-Chief Shekhar Gupta on NDTV’s Walk the Talk on the need for the poor to be able to participate in the global economy...

The government will enact a legislation to ensure subsidised wheat and rice to the poor, finance minister Pranab Mukherjee said at a seminar titled Bringing Green Revolution to Eastern States. “We are committed to enacting a legislation on food security (called National Food Security Act). But to make it successful, we need to produce more, procure more and strengthen the delivery mechanism for making foodgrain accessible to the poor at affordable...

Finance Minister Pranab Mukherjee today said that the government will enact a legislation to provide subsidised wheat and rice to poor, but to make it a success there is a need to boost production and strengthen delivery system. "We are committed to ensure Food Security Act and to make successful, we need to produce more, procure more and strengthen delivery mechanism for making accessible and affordable," Mukherjee said while addressing...

The fraught issue of introduction of Bt Brinjal has been shelved but all eyes are now set on the controversial Seed Bill 2010, likely to be tabled in the monsoon session of Parliament beginning July 26. The bill aims to regulate the quality of seeds for sale, import and export and to facilitate production and supply of seeds of quality, but fails to address a crucial issue — seed pricing....

In the wake of runaway inflation and the ensuing food crisis, the prime minister constituted three high-powered committees of chief ministers and central ministers to recommend ways of containing inflation, improving PDS and boosting agricultural production. The Working Group on agricultural production was chaired by Haryana chief minister B S Hooda, with CMs of West Bengal, Punjab and Bihar as members. Tucked away, largely unnoticed by the Indian media, as...