-The Business Standard Turning the country's food procurement agency into an International Trader will fan inflation and hunger At a time when the Global Hunger Index 2012 ranks India 65th among 79 countries, K V Thomas, minister of state for food and public distribution and consumer affairs, has revealed that the Food Corporation of India (FCI) will soon trade wheat in the futures market. Seeking clearance from the Forward Markets Commission, the...
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Noam Chomsky expresses solidarity with Koodankulam protesters -Manash Pratim Gohain
-The Times of India Internationally acclaimed academician Noam Chomsky of Massachusetts Institute of Technology of the United States has warned that Koodankulam could be another Bhopal disaster in waiting. In a solidarity letter to the struggling people he said: "Nuclear energy is a very dangerous initiative, particularly in countries like India, which has had more than its share of industrial disasters, Bhopal being the most famous." "I would like to express my...
More »Like US, agriculture ministry needs a wing to collate dependable farm data-Tejinder Narang
-The Economic Times The fear of drought in India has abated with late precipitation of the monsoon in September this year. However, the country continues to suffer from a drought of formalised tabulated data of agro items on a real-time or monthly basis, though many estimates continue to fatigue the print and electronic media. Red or green prices flashing on computer screens are taken for 'granted', but the discovery of future or...
More »Where the jobs are-Rajeev Dehejia
-The Indian Express The International Monetary Fund’s recent downgrading of the growth forecast for India from 6.2 per cent to 4.9 per cent for 2012, which came on the heels of the decline in the actual growth rate to below 5.5 per cent in the first half of 2012, has brought reforms back to the centrestage of the policy discourse. Which reforms are needed and why? India’s growth trajectory has been unique....
More »Untenable critiques sowing confusion on supposed ill-effects of retail FDI-Jagdish Bhagwati & Rajeev Kohli
-The Economic Times Retail sector liberalisation has been revived and included in Prime Minister Manmohan Singh's package of big-bang reforms announced recently. This was to be expected as an element of the package since the influential minister Jairam Ramesh, who has access to Sonia Gandhi and is identified with her NGO-dominated set of advisers whose knowledge of economics is outweighed by their enthusiasm, had already announced his conversion to retail sector...
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