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Kaushik Basu, currently teaching at Cornell University in the US, interviewed by Abhinav Singh (TheWeek.in)

-TheWeek.in Well-off are doing fine; stagflation confined to middle and lower-middle classes Kaushik Basu, former chief economic adviser to the government and former chief economist of the World Bank, is currently teaching at Cornell University in the US. In an exclusive interaction, he talks about the current challenges before the Indian economy and its future growth prospects. Excerpts: Q/ Is the Indian economy moving in the right direction? A/ The performance of the Indian...

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Donor-funded evaluation shows “AGRA did not meet its headline goal” to reduce hunger in Africa, says a press statement by IATP

-Press release by Institute for Agriculture & Trade Policy (IATP)* dated March 4, 2022 A new evaluation has exposed the serious failures of the Alliance for a Green Revolution in Africa (AGRA) — in its attempt to address hunger and farmer poverty. Funded by Gates, USAID, and western governments, for 15 years AGRA has promoted high-input agriculture, synthetic fertilizers, commercial seeds and subsidies to "catalyze a farming revolution in Africa." This evaluation...

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Second Hunger Watch Survey shows high level of food insecurity among the poor & vulnerable people of 14 states

-Press release by the Right to Food Campaign Secretariat dated February 23, 2022 * 66 percent respondents said that their income has decreased compared to the pre-pandemic period * 80 percent reported some form of food insecurity, 25 percent reported severe food insecurity * 41 percent said that nutritional quality of their diet deteriorated compared to the pre-pandemic period * 67 percent could not afford cooking gas in the month preceding the survey. * 45...

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The Ailing PM Fasal Bima Yojana Needs a Structural Redesign -Baikunth Roy and Satyendra Kumar

-TheWire.in Despite increasing allocated funds, the Union government has been unable to significantly improve penetration of crop insurance in terms of enrolled farmers and insured areas. India’s agriculture sector, which provides employment to more than 50% of the labour force and contributes about 17% of the gross domestic product, currently faces multiple challenges. Smaller land holdings, unfavourable climate changes events, dismal public and private investment, low monthly Incomes, a high proportion of...

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Reviving the ‘Kerala Model’ of development -Shashi Tharoor and Vinod Thomas

-The Hindu Its lustre is fading as there are threats from emerging social and environmental risks, but the question is how Kerala has long been recognised to have done many things right. For years the darling of development experts, non-governmental organisations and social activists, the ‘Kerala Model’ seemed to show that impressive levels of human development indicators — in health, education and quality of life, comparable even to some rich countries —...

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