-The Telegraph Kolkata: Two books by celebrated economists have set the stage for an absorbing growth battle. Columbia University professor Jagdish Bhagwati and Nobel laureate Amartya Sen want the same end - a better India - but the means they prescribe sound different. If Bhagwati prescribes economic growth led by the markets and overseen and encouraged by liberal state policies, Sen believes growth cannot be an end in itself without government effort to...

-The Economic Times NEW DELHI: Large numbers of poor and vulnerable are exposed to risks and unexpected difficulties like unemployment, ill health, and natural disasters, an Asian Development Bank ( ADB) study says, because of lack of adequate social protection systems in many fast-growing middle-income countries in Asia and the Pacific. The Social Protection Index: Assessing Results for Asia and the Pacific-released on Wednesday gives India a score of 0.051, below most...

-PTI MUMBAI: The recent five per cent hike in the MSP against 15 per cent average hike in support price for farm produce in the last six years is likely to have only a nominal impact on food inflation japanese brokerage firm Nomura said in its research report. Government last week raised the MSP of nine farm items, including some pulses and oilseeds, in the range of Rs 60-450 per quintal for...

-The Economic Times NEW DELHI: Basmati rice exports to the US have plunged because many Indian firms are under an import alert by the US authorities, leading to a detailed scrutiny for pesticide residue in every grain being shipped out. This has raised costs, upset schedules and obstructed sales, prompting exporters to seek government intervention. In the first quarter of calendar year 2013, exports were down to 19,583 tonne. With 31 Indian...

-The Times of India NEW DELHI: Lessons have not been learnt from past disasters, it seems. Delhi Metro, which ferries over two million passengers a day, is on a high-risk earthquake and flood zone and may lead to a huge loss of life in case of a disaster, says a recently released UN report on disaster risk reduction. The Global Assessment Report (GAR), released by the United Nations office on disaster risk...