-Business Standard Deflation in manufacturing continues, food inflation picks up Wholesale price index (WPI)-based deflation persisted for a 14th straight month in December, the index dropping 0.7 per cent as compared to one of almost two per cent in November. However, food inflation rose to 8.17 per cent, the steepest in 17 months, from 5.2 per cent. This was on more expensive vegetable and non-vegetarian items, prompting economists to say the Reserve Bank...

-The Hindu The National Food Security Act is finally making headway in the poorest States. Amplified by reforms in the Public Distribution System, a modicum of nutritional support and economic security to all vulnerable households is now a real possibility. Dhobargram is a small Santhal village in Bankura district of West Bengal, with 100 households or so. Most of them are poor, or even very poor, by any plausible standard. There are...

-The Hindu Business Line The mythology of free trade being a force for economic progress remains entrenched in world politics Globalisation has created a unique spectator sport, where political dignitaries periodically gather at carefully chosen venues for days of deliberation over humanity’s most consequential problems. It is a spectacle at which ‘civil society’ — as the new force in world politics is called — is granted a tent of its own, financed...

-Frontline The Janlokpal Bill passed by the Delhi Assembly on December 3 fails to meet the goals of the 2011 anti-corruption movement and is a pale shadow of the 2014 Bill. IT took the Aam Aadmi Party (AAP) government, which came to power in Delhi with a massive mandate in the Assembly elections held in February, 10 months to seek to fulfil one of its key election promises: the passage of...

-Economic and Political Weekly India plays a poor hand at the World Trade Organization's negotiations. The idea that there is no longer a sharp divide between the global North and the global South has been disproved in ample measure by the decisions taken last month in Nairobi at the 10th ministerial conference of the World Trade Organization (WTO). The essence of the final communique is that the 14-year-old Doha “Development” Agenda (DDA)...