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A new economics for a better world -Simon Sweeney

-The Hindu Business line It must focus on human security and societal development rather than feed the avarice of a golden ghetto minority The discipline of economics has long been obsessed with gross domestic product as the base measure of development. Contemporary economic globalisation and its dominant neoliberal ideology see other considerations as not worth more than a passing glance. Neoliberalism, which used to be referred to as the Washington Consensus, was promoted by...

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How Well Does India Understand Inflation? -Deepanshu Mohan

-TheWire.in Policy makers should conduct deeper analysis on the many subtle factors that shape inflation and its effects on the Indian economy. In 1923 when Rudolf von Havenstein, the president of the German Reichsbank (later known as the Deutsche Bundesbank), recklessly initiated a money printing drive in response to the German government’s demand to spend more money, Germany was inevitably embroiled in a bout of hyperinflation and its worst crisis of the...

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Feeling the pulses pinch -Ramesh Chand & Shambhavi Sharan

-The Hindu As cereal consumption comes down despite higher output, India needs to ramp up production of pulses to meet the nutritional requirements of the population. Since the onset of the Green Revolution in the late 1960s, India has been treading on a path towards self-sufficiency in food. The achievements have remained highly skewed towards wheat and rice on account of technological as well as policy support towards these two crops. With...

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Patented Patriotism -Kalyani Menon-Sen

-Kafila.org The last few months have seen an unusual public engagement around questions of secularism, freedom of speech, sedition and the like, with furious debates everywhere from our campuses, streets and TV studios to the floor of Parliament. The budget session has been enlivened by scenes of high drama, with the leading lights of the Treasury benches bringing colour, sound and fury to their tutorials on patriotism and nationalism. While these high-decibel...

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More than Make in India, Jaitley Needs to Focus on Farm in India -Devinder Sharma

-TheWire.in We are in a moment when the global economy shows no signs of revival; Russia and Japan are faced with recession, and emerging economies like Brazil and South Africa are in dire straits. There is no silver lining visible as far as domestic industrial growth is concerned. At such a time, all eyes are on Union finance minister Arun Jaitley to see how he plans to sustain economic growth that...

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