-FAO MDG target to halve proportion of world's hungry still within reach by end of 2015 Rome: About 805 million people in the world, or one in nine, suffer from hunger, according to a new UN report released today. The State of Food Insecurity in the World (SOFI 2014) confirmed a positive trend which has seen the number of hungry people decline globally by more than 100 million over the last decade and...
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Making labour the fall guy -Latha Jishnu
-Down to Earth BJP thinks undoing labour laws will spur a manufacturing boom. Even now workers enjoy little protection or social security In recent weeks, the pink press has been singing paeans to a new star in the political firmament, one whom they see as a worthy disciple of the man who gave us the "Gujarat model" of development. The media's new discovery is none other than Vasundhara Raje, the Rajasthan...
More »A Case Against Curtailing Public Subsidises in Higher Education -Nivedita Sarkar and Anuneeta Mitra
-Vikalp The contribution of education in economic development has been investigated since the early 1960s, originating in the University of Chicago (Schultz, 1961; Becker, 1964), championed by the Human Capital School - in which expenditure on education is regarded as an investment. It was argued through the endogenous growth theory (Lucas, 1988; Romer, 1990) that spending in education is crucial for increasing labour productivity and accelerating the pace of economic growth....
More »Farmers against bringing onions under Essential Commodities Act -Dilip Kumar Jha
-The Business Standard Won't sow next season if Rs 15 MSP not declared and govt does not procure at market driven price, scarcity seen in 2015-16 Lasalgaon (Maharashtra): Arjun Kadam, a farmer here, has vowed not to sow the onion crop next season because of the government's frequent intervention to keep prices low, in many cases lower than the cost of production. Thousands of farmers such as Kadam have voiced concern over the...
More »Inflation: Three reasons why rising food prices could be here to stay -M Rajshekhar
-The Economic Times None of the standard explanations quite explain the rise in food prices India has seen: pronounced since 2006 and alarming after 2010. Drought and poor rains? The country has seen good aggregate rainfall in most of those years. Spike in global prices? Those were high in 2007-08, not now. Fragmented value chains that allow middlemen to grab large margins? The value chain has always been fragmented. Growth has slowed...
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