The economist and political commentator who was appointed to a four-member team of the UN to recommend reforms to the global financial system critiques Budget 2010 Economist and political commentator Prabhat Patnaik, currently vice-chair of the Kerala Planning Board, is a strong critic of the government’s economic policies. In 2008, Patnaik, who has taught at JNU since the 1970s, was appointed to a four-member team of the UN to recommend...
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Scrape The Barrel by Indira Hirway
Forget the rhetoric, the FM’s left little for core social sectors The Union finance minister’s enthusiasm in marking the roadmap to financial discipline and pushing reforms in Budget 2010 is somehow missing in his proposals for inclusive growth. These proposals lack the required homework—in referring to relevant literature, including some recent government reports, and in making estimates of the required funds—and certainly do not reflect much commitment to inclusive growth. Agriculture—which...
More »The Allure Of Organic Manure by Bhavdeep Kang
IN GREEN-LIGHTING the new “nutrient- based” fertiliser policy, Finance Minister Pranab Mukherjee pulled off a political coup, overriding the objections of the once-powerful UPA allies, DMK and NCP. What’s more, it is those very critics who will be responsible for the actual delivery of benefits to farmers under the new scheme — which is a tall order. With Mamata Banerjee’s TMC putting in only a token caveat, the reservations of Union...
More »‘Public-private tie-ups needed to check wastage of vegetables, fruits' by Gargi Parsai
This staggering loss has affected India's agri business Sustainable supply chains needed to link farmer to marketing centres The decline in the Farm Sector will hit the food and grocery retail sector too. It is estimated that the growth rate in the food and grocery retail sector will dip to 8.8 per cent during 2009-10 from 9.5 per cent during 2008-09. The food and grocery retail sector is worth Rs. 10.24 lakh crore....
More »Loan waiver for weavers under study: Maran by Aarti Dhar
The historic city of Bhagalpur in Bihar, often in the news for the wrong reasons, figured in the Lok Sabha on Thursday when Bharatiya Janata Party member Shahnawaz Hussain sought to draw the government's attention to the pitiable condition of weavers there. “The jacket you are wearing is made of Bhagalpur silk,” he told Deputy Speaker Karia Munda, who was in the Chair, even as he pointed towards Leader of the...
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