Paul A. Samuelson, the first American Nobel laureate in economics and the foremost academic economist of the 20th century, died Sunday at his home in Belmont, Mass. He was 94. His death was announced by the Massachusetts Institute of Technology, which Samuelson helped build into one of the world’s great centres of graduate education in economics. In receiving the Nobel Prize in 1970, Samuelson was credited with transforming his discipline from...
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Right to Food: Too Little Too Late?
Is drought being used as an excuse to delay the national Food Security Act? An informal network of organizations and individuals involved in the Right to Food Campaign believe so. The campaign groups are demanding that a national consultative process on an improved draft bill must be started immediately so that the proposed Food Security Act could be passed as soon as possible. The campaigners also demand that exports of...
More »Roadside doctors with no degrees thrive in India by Harmeet Shah Singh
Sitting on an iron bench along a busy street, Chaman Lal sticks his fingers into a mug full of a greasy concoction and then applies the dark-red brew to areas where his patients complain of pain. Lal -- who does not have a license to practice medicine, but claims to be a successful bone doctor and traditional healer -- says this potion of 18 herbs is a cure-all. His large signboard,...
More »Milk dairies oppose import of skimmed powder, butter oil by Manas Dasgupta
To help farmers reeling under drought conditions AHMEDABAD: Cooperative milk dairies in Gujarat have submitted a joint memorandum to Prime Minister Manmohan Singh, requesting him to take immediate steps to discourage import of skimmed milk powder and butter oil and prevent export of ingredients used for manufacturing cattle feed. Among measures they have suggested to achieve the same, are restoration of customs duty on import of milk powder to the...
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KEY TRENDS • In 2017-18, 24.8 percent of rural working-age men and 74.5 percent of rural working-age (viz. 15-59 years) women were not employed. In urban areas, 25.8 percent of working-age men and 80.2 percent of working-age women were not employed AB • Both the Periodic Labour Force Survey (PLFS) and the Consumer Pyramids Survey of the Centre for Monitoring the Indian Economy (CMIE-CPDX) report the overall unemployment rate to be around 6 per cent in 2018,...
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