-DNA India Constant decrease in investment on research and development blamed for carelessly conceived schemes A fishing project in the deserts of Rajasthan, cold storage facilities for bananas in Maharashtra's no-banana Pune district, milk coolers in Gujarat's Sagbara region where there is no milk production and no electricity either… Those are just some of the examples of carelessly conceived government schemes to bolster farm growth at a time share of the...
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Death by Breath: Thirst for diesel food for poison -Aniruddha Ghosal & Pritha Chatterjee
-The Indian Express New Delhi: You might not know it, but the next time you park your diesel vehicle at the shopping mall and answer that ringing phone, you would have done your bit to release a small portion of poison into Delhi's air. Not once, but thrice. From the exhaust fumes of your car to the generator sets that keep the mall alive, and the mobile tower active. So much so,...
More »India’s silent spring -Ashwini K Swain & Glada Lahn
-The Hindu Business Line Overuse of groundwater, fertiliser and energy threatens the future of agriculture. A coherent policy response is called for India's agricultural sector is far more important to the country than its falling share in the GDP suggests. About two-thirds of India's population depends on agriculture for livelihood. Bucking global trends, the agricultural population in India rose by 50 per cent between 1980 and 2011. And in spite of sustained...
More »Public funds to push neoliberal agenda -CP Chandrasekhar
-Frontline.in The Modi government has apparently realised that the private sector is not up to the task of driving growth. It hopes to fund its neoliberal dream of India becoming the fastest-growing emerging market through a combination of off-Budget borrowing and drastic expenditure reduction in key social sectors. IT will soon be a year since the National Democratic Alliance (NDA) government under Prime Minister Narendra Modi took office at the Centre....
More »Highlights of Economic Survey 2014-15
-Press Information Bureau/ Ministry of Finance Economic Outlook, Prospects and Policy Challenges Macroeconomic fundamentals in 2014-15 have dramatically improved. Highlights are: * Inflation has declined by over 6 percentage points since late 2013. * The current account deficit has declined from a peak of 6.7 percent of GDP (in Q3, 2012-13) to an estimated 1.0 percent in the coming fiscal year. * Foreign portfolio flows have stabilized the rupee, exerting downward pressure on long-term interest...
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