-The Hindu Business Line India can benefit substantially on multiple fronts such as nutritional security, energy and water utilisation and even cut its greenhouse gas emissions if it promotes the cultivation of coarse cereals, showed a study by researchers from India, Austria and the US. During the Green Revolution of the 1960s and the 1970s, the focus has mainly been on increasing rice and wheat output. As a result, a large number...
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Economy under stress: Slowdown may spill over to FY21
-Financial Express Economists see no V-shaped recovery after Q2, say any spending cut will hit growth. The economy may be in the midst of a protracted phase of slowdown and the weakness could stretch into the next fiscal, as green shoots of a recovery in key indicators — from industrial production, exports and corporate sales to non-food credit growth — are barely visible. Economists, who were earlier optimistic about a rebound in the...
More »Dr. Surjit S Bhalla, economist and Executive Director for India on the board of International Monetary Fund (IMF), interviewed by Richa Mishra (The Hindu Business Line)
-The Hindu Business Line “Join the Regional Comprehensive Economic Partnership (RCEP), but do not ignore your internal market and demand. Ninety per cent of our bad export story is domestic challenges, 10 per cent is external environment or external policy,” says Economist Surjit S Bhalla. Seventy-one-year old Bhalla has a tough task ahead — to make New Delhi’s voice louder at the international forums as he is set to take charge...
More »Going to seed -Indra Shekhar Singh & Prabhakar Rao
-The Hindu Business Line RCEP will jeopardise India’s seed industry With Brexit now a certainty, the days of liberal globalization are numbered. Open borders, FTAs and multilateral agreements are no longer in vogue. However, India seems inclined to ink the Regional Comprehensive Economic Partnership (RCEP), perhaps the world’s biggest free trade agreement. This seems an ill-advised step. India boosts of a vibrant seed sector with public institutions and a variety of private...
More »India must reform its seed sector before RCEP takes effect -Indra Shekhar Singh & Prabhakar Rao
-The Hindu Business Line The RCEP agreement, if implemented, will allow other countries to dump excess seeds in the Indian market. The current 100% FDI policy also threatens seed sovereignty With a confirmed Brexit, the days of liberal globalisation are numbered. Open borders, FTAs and multilateral agreements find no takers in the White House either. Leaders Boris Johnson and Donald Trump have heralded a clear and blunt message of tariffs, conservative economics...
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