-The Guardian India cannot support an agreement that ignores food security when millions of its people go to bed hungry each night There is a view on global trade negotiations that has been propagated by a spate of commentaries and news analysis over the past few months. It runs broadly as follows: the multilateral trade regime had been limping to a slow death because of the failure of the Doha development round...
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The growth of an idea called development -Nilanjan Ghosh
-The Hindu Business Line While the limitations of the concept of economic growth are acknowledged, we need a better index than HDI Despite claims that economic development as a branch of economic science emerged only in the 1950s, there is no doubt that the notion of development existed even in classical economic thought processes, emerging from the writings of Adam Smith and David Ricardo. The recognition of development economics as a discipline...
More »The Deserted Village -MG Devasahayam
-Outlook The PM would do well to incorporate the Lok Nayak's convictions and what he stood for and not ape alien models to make India's villages as mere markets and show-pieces Narendra Modi was different from other Prime Ministers while addressing the nation from the ramparts of the Red Fort on 15 August 2014. He spoke of governing India through sahmati (consensus) not bahumati (majority) and sought the cooperation of people and...
More »NREGA spiked rural wages only 10%, rest is from MSPs: Rajan
-PTI Reserve Bank Governor Raghuram Rajan has dismissed the notion that the rural employment guarantee programme is behind the massive spurt in wages in rural areas. "On the NREGA (National Rural Employment Guarantee Act), there is clearly a lot of sense that this has increased rural wages tremendously. I would argue that clean, trustworthy studies say that the effect was may be 10 per cent," Rajan told an audience here last week. It...
More »Farmers to pay more for animal fodder as deficient monsoon hits output of coarse grains -Jayashree Bhosale
-The Economic Times PUNE: The deficient monsoon this year is likely to hit production of coarse grains such as jowar and bajra and other minor millets like ragi and pulses the hardest. This may not have much impact on the country's food security because India has ample stocks of wheat and rice but it will add to the financial burden of farmers, who will be forced to pay more for animal...
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