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India needs to realize it has an image problem: Joseph Stiglitz -Arundhati Ramanathan and Nidheesh MK

-Livemint.com Economist Joseph Stiglitz says govt clampdown on NGOs such as Greenpeace and Ford Foundation and the JNU row shine a poor light on India globally Bengaluru: Nobel Prize-winning economist Joseph Stiglitz has a blunt message for Prime Minster Narendra Modi: India has an image problem after the government’s clampdown on non-governmental organizations (NGOs) and its actions against students of Jawaharlal Nehru University (JNU). “Some issues have got a lot of public...

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India’s High Growth Rate Isn’t Translating to Job Creation -Saumitra Chaudhuri

-TheWire.in The number of jobs created in eight select industries in 2015 was 135,000. This was much worse than the 421,000 jobs created in 2014 and the 419,000 in 2013. Here, when I use the shorthand “jobs” it means both jobs and livelihoods for self-employed people. In the farm sector, most “jobs” are livelihoods. In the non-farm sector too, outside of the organized sector, much of working opportunities come as self-employed livelihoods...

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Drug pricing: a bitter pill to swallow -Feroze Varun Gandhi

-The Hindu Medicines remain overpriced and unaffordable in India. In a country mired in poverty, medical debt remains the second biggest factor for keeping millions in poverty. The international pharmaceutical industry has found its cash cow in India’s beleaguered consumers. With a minimum wage of Rs.250/day for a government worker, a basic wage worker afflicted with a chronic disease like multi-drug-resistant tuberculosis faces penury. His treatment, with drug combinations, which works out...

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This is no storm in a teacup -Santanu Sanyal

-The Hindu Business Line The entire tea industry in India faces an uncertain future. And young people don’t want to work in tea gardens anymore After a steady run for nearly a decade, the tea industry is now facing tough times. Both, production of gardens in the organised sector and leaf prices are virtually stagnating. And exports no longer hold out much promise. Between January and July this year, all-India production was 553.21...

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Onion prices up, govt to import 10,000 tonne -Dipak K Dash

-The Times of India NEW DELHI: In the past one month, onion prices have soared by 25% in Delhi and by almost 50% in Mumbai, Kolkata and Chennai. The highest increase of Rs 27 per kg has been recorded in Thiruvananthapuram. With indications of the high prices continuing for the next few weeks, government is set to place order for the import of 10,000 tonnes after opening tenders later this week. Sources...

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