Nobel laureate Amartya Sen believes that Team Anna's reading of corruption or what causes corruption or how it can removed is wrong, and that they need to look at how the economic system operates. In an exclusive interview with CNN-IBN Deputy Editor Sagarika Ghose, Nobel laureate Amartya Sen said that instead of fasting and protesting, one should try and change the systems that provided incentives for corruption. Below is the transcript of...
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Inflation, poor monsoon hit consumption in eastern India-Shine Jacob & Nirmalya Behera
-The Business Standard Consumers say they cannot buy branded FMCG items in mobile phones, customers opt for low-end handsets while retaining brand loyalty Last year, Ashok Das, a farmer-cum-fisherman from the small industrial town of Rishra in the Hooghly district of West Bengal, had promised his younger son a branded television. But last year’s bad crop output and this season’s deficient monsoon made him change his plans and finally settle on a...
More »Farmers increasingly using weather insurance to mitigate risks from climate change-Rituraj Tiwari
-The Economic Times NEW DELHI: More farmers are using weather insurance to mitigate risks from climate change. Top two weather insurers -- Agricultural Insurance Corporation (AIC) and ICICI Lombard -- say business is growing at 25% annually and now covers more than 200 districts across 21 states. "The growth has been so spectacular over the past five years that as many as 12 million farmers, growing crops on over 15 million hectares...
More »Standing on the threshold of Food Justice in India
-Oxfam India Oxfam India launches food justice bulletin along with the Institute of development Studies (IDS), calls for assessing government's commitment to hunger Despite enormous growth in economic and political power, 46 per cent of Indian children are malnourished, and 1 in 3 of the world’s hungry live in India. Yet India stands on the threshold of potentially the largest step toward food justice the world has ever seen, as the National...
More »‘India’s Food Bill can set example for rest of world’
-PTI India’s proposed National Food Security Bill has the potential to become a benchmark for the rest of the world to follow, the NGO Oxfam India and UK-based Institute of Development Studies (IDS) has said. The proposed Food Security Bill aims at providing legal entitlement over subsidised foodgrain to the poor. The Bill was introduced in Parliament in December 2011 and the same has been referred to the Standing Committee. “India is taking...
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