Per capita income, once regarded as the best index of the welfare of a society, has long since been dethroned from this status. People have argued persuasively that it is a measure that ignores not only income distribution but also the quality of life. Alternative approaches have been designed to explore these nuances of measurement and alternative indices constructed. Amartya Sen has developed a ‘capabilities approach’ to the question of...

A large number of cotton farmers from across Gujarat are expected to come to Rajkot on Friday to protest against the central government's cotton export policy. Maha Gujarat Agricotton Producer Company Limited (MGAPCL), a co-operative cotton marketing firm owned by farmers, has organised a farmers' gathering at Rajkot for protesting the government's stand on cotton export. This comes in the wake of the central government's decision to defer the commencement of cotton...

Food and Agriculture Minister Sharad Pawar today said the government will not take any decision on decontrol of the sugar sector without consulting the states and the process of which will begin in 8-10 days. "I am going to start the process of discussion with the stakeholders and the state governments in 8-10 days time. Without the consultation, I will not move any proposal (on decontrol) to the Cabinet," he told...

The decision to defer cotton export registration by one month – from October 1 to November 1 – may help the textile companies in the short term because of sufficient availability, but there are concerns on how long that would last. Arrivals of cotton are uncertain across India with farmers apprehensive about the yield due to inclement weather. The early varieties of cotton from Punjab and Haryana have also been affected...

The registrar of trade unions in Rajasthan has refused permission to National Employment Guarantee Scheme (NREGA) workers to form a union, on the grounds that they do not qualify as workmen. When the Majdoor Kisan Sangharsh Samiti – formed by NREGA workers under the guidance of NAC member Aruna Roy – approached the registration office, they were told that NREGA workers don't qualify as 'workmen' as defined in the Industrial Disputes...