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Cash transfers to tame food price spiral-Ashok Gulati and Shweta Saini

-The Economic Times Food inflation in India, as measured by food articles price index, has averaged 11.3% for the period FY 2008-09 to December 2012, with a maximum of 15.6% in 2010-11 and minimum of 7.3% in 2011-12. In December 2012, wheat prices stood 23% higher than in December 2011, and rice prices 17% higher in the same period. Although this spurt in wheat and rice prices in the face of...

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The limits of shock and awe: Nandy, Dalits & Corruption -Praful Bidwai

-Kashmir Times If psychologist Ashis Nandy had planned to ignite a potentially ugly controversy at the Jaipur Literary Festival, he couldn't have done better than by insinuating intimate links between corruption and Dalits, Adivasis and Other Backward Classes. After warning that he was about to make a "very undignified" and "almost vulgar" statement, "which will shock you", Nandy said: "It is a fact that most of the corrupt come from the...

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Govt puts food security Bill on fast track to Parliament

-Live Mint The food security Bill could be taken up by Parliament in the first part of the budget session, which is set to start next month The politically sensitive food security Bill could be taken up by Parliament in the first part of the budget session, set to start next month, after the food ministry took a remarkably brief one week to consider and accept almost all the recommendations on the...

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Prof. Jagdish Bhagwati, noted Economist and and Columbia University professor interviewed by Shaili Chopra

-Tehelka Edited Excerpts From An Interview NOTED ECONOMIST and Columbia University Professor Jagdish Bhagwati’s pro-free trade stance is well-known. A friend of the prime minister and his batch mate from Cambridge University, Professor Bhagwati feels the UPA’s departure from the stagnation of the past few years is a welcome change, and lauds the decision to allow FDI in multi-brand retail. In an interview to TEHELKA Business Editor Shaili Chopra, Bhagwati says more...

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140 countries agree on treaty to limit mercury use

-AFP Delegations from some 140 countries agreed on Saturday to adopt a ground-breaking treaty limiting the use and emission of health-hazardous mercury, the U.N. said, though environmental activists lamented it did not go far enough. The world’s first legally binding treaty on mercury, reached after a week of thorny talks, will aim to reduce global emission levels of the toxic heavy metal, also known as quicksilver, which poses risks to human health...

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