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India won't consider EU's demand on duty-free wheat import

-PTI   To protect farmers' interests, India has made it clear to EU that duty-free imports of wheat, barley, lemons, apples, pears and meslin flour will not be allowed under the proposed free trade agreement (FTA). "The EU has asked for duty elimination on wheat, barely, apple, pear, lemon and meslin flour. We have clearly explained to them that India cannot offer concessions on any of these products," a senior Agriculture Ministry...

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Whose land is it anyway? by Shubhashis Gangopadhyay

The West Bengal govt's role as a non-market intermediary in an essentially private land transaction is questionable The West Bengal government has passed a new legislation that transfers the land back to those who refused to accept the compensation that they were offered during the acquisition of their lands for the Tata Nano factory. The Tata group has promptly gone to court claiming that this is an unconstitutional Act. Surely one...

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UPA’s legacy: jobless growth by Anil Padmanabhan

Only 400,000 jobs a year were generated during UPA-1, compared with 12 million annually during the NDA’s tenure Key economic data released by the government on Friday shows that the first stint of the Congress-led United Progressive Alliance (UPA) generated a mere 400,000 jobs a year, compared with 12 million jobs annually during the tenure of the Bharatiya Janata Party (BJP)-led coalition, the National Democratic Alliance (NDA). During the period 2004-05 to...

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Noted economist Suresh Tendulkar passes away in Pune by Ashish Jadhav

One of India’s most distinguished economists, Suresh Tendulkar (70), passed away at a private hospital in the city on Tuesday morning. He was former chairman of the Prime Minister’s economic advisory council and also a former part-time chief of the National Statistical Commission. Tendulkar, who was admitted to Prayag Hospital in Deccan Gymkhana following cardiac arrest on June 2, breathed his last around 11 am. Chief minister Prithviraj Chavan and deputy chief minister...

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Intellectually, he was unforgiving by TCA Anant

 I first met Professor Suresh Tendulkar when I was a student at the Delhi School of Economics (DSE). He had also joined around the same time as a teacher at DSE. I have two vivid memories of him as a teacher. First, he would use the blackboard in a particular manner. He would start from one end of the board and write till the end of it. The board was...

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