-Hindustan Times Many years ago, Jagdish Bhagwati, a very distinguished economist long before he became one of the patron saints of the NDA, published an important paper on what he called Directly Unproductive Activities or DUP. These bore a close relation to what his friend and well-known South Asia scholar, Anne Krueger, had called rent-seeking activities in some slightly earlier work. Both made the important point that the social cost of...

-The Telegraph New Delhi: Prime Minister Narendra Modi today used his monthly radio broadcast to reach out to farmers and defend the controversial land acquisition bill, asking them not to be misled by the Opposition's "lies". He denied that his government's intended amendments to the UPA-steered 2013 land law favoured corporate houses and would deprive farmers even of the right to move court against a takeover of their land. Modi's speech launched the...

-The Telegraph New Delhi: The Indian government will study 100,000 infants to evaluate a home-grown vaccine against rotavirus gastroenteritis, released this month amid concerns raised by a paediatrician about the risk of an intestinal side-effect. Doctors from Delhi, Pune and the Christian Medical College, Vellore, will measure -- through what could be India's largest study - any vaccine-associated risk of intussusception, a disorder in which the intestine telescopes into itself and may...

-The Times of India NEW DELHI: Women and child development minister Maneka Gandhi on Friday put the government in a somewhat embarrassing situation in Lok Sabha when she agreed with opposition members that the severe budget cuts that her ministry faced would adversely affect welfare of children in the country. A vociferous opposition demanded promptly demanded that finance minister Arun Jaitley respond to the issue. Maneka made the comments in relation to...

-Business Standard Marriages on hold, children being returned from schools over unpaid fees; the rural economy is bearing the brunt of unseasonal rains, a crisis in the sugar cane sector and a fall in prices of farm pro Hapur/ Meerut: In the mid-afternoon, when most farmers are returning home to rest, Rana Ranjit Singh is sweating buckets on his farm in Uttar Pradesh's Hapur district, searching for vegetables left undamaged after untimely...