-Livemint.com Nobel to Deaton calls for a celebration of not just his own work but also the contributions of a number of Indian economists who have engaged with similar issues The announcement of Angus Deaton winning the Nobel Prize in economics was unexpected but not surprising. His body of work over the years has influenced many of us who have worked on issues of poverty, nutrition and food security. It is...

The low rate of inflation of 3.88 percent in Consumer Food Price Index during September, 2015 actually hides the high prices at which various pulses (dal) are available in kirana / retail shops across India. In terms of Consumer Price Index (combined), monthly rate of inflation in pulses and products during September 2015 (over September last year) stood at 29.76 percent as compared to the overall monthly retail inflation of...

-The Times of India NEW DELHI: The current spike in pulse prices could have been anticipated, but India's cereal-centric food security policies emphasize rice and wheat while dis-incentivizing the production of pulses despite clear trends that show a declining preference for cereals. Even though India's dependency on imported pulses grew as imports rose from 2.7 million tonnes in 2010-11 to over four million tonnes this year, minimum support price-driven procurement and the...

-The Times of India NEW DELHI: The Narendra Modi government's programme to get consumers to replace less efficient CFL or incandescent lights with latest LED bulbs is gaining momentum, with the number of bulbs distributed crossing the 2-crore mark and generating annual savings of over Rs 1,000 crore. Data available with the government showed that more than 2 crore subsidized LED bulbs had been distributed under the Domestic Efficient Lighting Programme till...

-IPSNews.net UNITED NATIONS: When the Royal Swedish Academy of Sciences awarded the 2015 Nobel Prize in Economics to Professor Angus Deaton of Princeton University, the accolade had a significant relevance to the United Nations. The Academy bestowed the honour on the British-born Deaton, 69, primarily for his analysis of consumption, poverty and welfare.   Deaton’s research reflects some of the socio-economic issues on the U.N. agenda, including poverty alleviation, economic inequalities, consumption patterns, household...