-The Hindu The supporting props offered for the striking down of Section 66A diminish the arrogance of government and reinstate the ‘genuine' rule of law. Reading the judgment, one is tempted to ask this question: Is it a landmark judgment or just a great one? To appreciate the difference between "great" and "landmark", it is necessary to begin with some very fine distinctions. A great judgment is one that restores the constitutional...
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Miles to go for achieving food security
Those who compare India with China on equal basis, could be left with egg on their face if the new Global Food Policy Report 2014-15 is to be read and believed. The recent report from International Food Policy Research Institute (IFPRI) shows why India is still faring much worse as compared to its neighbours including China, in the areas of agriculture and food security. In 2012, China spent close to...
More »Targeted lending to farmers a must -Gopa Kumaran Nair and Nirupam Mehrotra
-The Financial Express In a column in The Financial Express, ("Time to tweak priority-sector lending", goo.gl/6O8AOL, February 6), the author made a case for "tweaking" priority-sector lending (PSL) norms which largely stipulate that the commercial banks direct credit towards certain vulnerable sectors and target population. Specifically, the article argued for revisiting the sectoral targets and cited a reduction in the share of agriculture sector in GDP as a valid reason...
More »The developing story -Sukumar Muralidharan
-The Hindu Business Line Will the growth-versus-distribution debate finally be settled in favour of the former? There are few areas of settled concord in economic theory. That the dynamic of power is often determinant in the limited enclaves of consent has been evident in recent times in the growth-versus-distribution debate. Residual doubts about the tilt of current policy were laid to rest with the Economic Survey for 2014-15. In this assessment of the...
More »Tribal Ministry objects to diluting forest law -Jay Mazoomdaar
-The Indian Express In a last-ditch effort to stop moves that it says will "entirely defeat the purpose" of the Forest Rights Act (FRA), the Ministry of Tribal Affairs has strongly objected to the revised guidelines for forest clearance that the government is in a hurry to notify. Prepared by the Ministry of Environment and Forests (MoEF) after a push from the Prime Minister's Office, the new rules will ease the...
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