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The crisis in farm research -CD Mayee & Bhagirath Choudhary

-The Indian Express Never before has India’s agricultural science community been as demoralised as now Everyone knows Indian agriculture is in deep crisis, impacting around 115 million farmers and an equal number of landless cultivators. Two consecutive bad monsoons and falling commodity prices have resulted in the imports of edible oils and pulses touching all-time-highs, even as its exports of agri-products — from basmati rice, soya meal, sugar, milk powder and...

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Use public sector lands for Make in India-like businesses, suggests Economic Survey -Kundan Pandey

-Down to Earth It also recommends the use of public lands for start-ups and industrial clusters The Economic Survey tabled on Friday has suggested that lands occupied by the public sector be converted for use by businesses under campaigns launched by Prime Minister Narendra Modi such as “Make in India” and “Smart City”. The second chapter of the survey (volume 1)—The Chakravyuha Challenge of the Indian Economy—makes a case for utilising publicly-owned land...

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Arvind Subramanian, Chief Economic Advisor, interviewed by Business Standard

-Business Standard Indian economy is closely integrated with the global economy, which is facing a slowdown, and so the headwinds are difficult to avoid, Chief Economic Advisor Arvind Subramanian told journalists in an interaction after presenting the Economic Survey 2015-16. In this uncertain environment, monetary and fiscal policies should aim to purchase insurance, so to speak, against the global slowdown, he said. Edited excerpts: * In the backdrop of a global slowdown,...

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Drug pricing: a bitter pill to swallow -Feroze Varun Gandhi

-The Hindu Medicines remain overpriced and unaffordable in India. In a country mired in poverty, medical debt remains the second biggest factor for keeping millions in poverty. The international pharmaceutical industry has found its cash cow in India’s beleaguered consumers. With a minimum wage of Rs.250/day for a government worker, a basic wage worker afflicted with a chronic disease like multi-drug-resistant tuberculosis faces penury. His treatment, with drug combinations, which works out...

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WTO rules against India in solar power case

-PTI Geneva: Ruling against India, the WTO today said the government’s power purchase agreements with solar firms were “inconsistent” with international norms — a matter in which the US had filed a complaint before the global trade body, alleging discrimination against American firms. The US had dragged India to the WTO on this issue in 2014, alleging that the clause relating to domestic content requirement (DCR) in the country’s solar power mission...

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