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The huge cost of producing cheap food -Devinder Sharma

-The Tribune The focus on producing surplus and cheap food threatens the survival of the country’s smaller farms, Prince Charles said, adding that if these farms disappear, ‘it will rip the heart out of the British countryside.’ The warning has been sounded at a time when a global business data platform estimates the number of employed and self-employed farmers in the UK to have come down to just 1.07 lakh. IN a...

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The neoliberal reforms of 1991 didn’t work as claimed -Jayati Ghosh

-Macroscan.com/ Livemint.com There is a common trope, fed especially to generations born after 1991, that economic progress and modernization in India really occurred only after ‘liberalizing’ economic reforms were introduced three decades ago. This is a travesty of the truth. Certainly, conditions for most Indians have improved since that watershed year. Per capita income went up more rapidly than before, life expectancy went up, infant and maternal mortality decreased, income poverty...

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Spending on R&D will determine India’s future progress, key message of the latest UNESCO Science Report

Scientific knowledge has immensely helped in combating the dreadful coronavirus and its spread. Within a record short period of time, scientists (including virologists, epidemiologists, biostatisticians, etc.) and their research outputs helped the commoners to learn more about the SARS-CoV-2 and how it spreads from one individual to the next one. Common people have now come to know how simple techniques and behavioural change like the wearing of N95 masks, maintaining...

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India’s water is being exported as agri-exports; is there a solution -KAS Mani

-Down to Earth It is critical for us to adopt the circular water management model of treating and rejuvenating wastewater at source, along with efficient water management strategies to reduce water demand India’s agricultural exports registered a growth of 17.34 per cent, garnering $41.25 billion in foreign exchange for 2020-21 despite the novel coronavirus disease (COVID-19) pandemic. In rupee terms, this is equivalent to Rs 3.05 lakh crore. For a government faced...

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Inflation remains above 6% for second month

-The Hindu  Growth impulses remained fragile, manufacturing output tanked 9.5% After touching a six-month high in May, India’s retail inflation was virtually unchanged in June at about 6.3%, remaining out of the central bank’s comfort zone for a second month in a row. Economists expect the Reserve Bank of India (RBI) to revisit its inflation estimate of 5.1% for 2021-22 and stressed that lack of fiscal policy action to cool prices could precipitate...

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