Who says openly that the farm growth during the 11th Plan had virtually remained stagnant? Has the Prime Minister even once said about the growth rate in agriculture? Or, the Planning Commission boss? These are supposed to be economic experts, right? If these two gentlemen don’t talk openly who else will in India? Of course…
Category: Economics
National Advisory Council created!
Sonia Gandhi would head it Is it not a parallel PMO? Is the timing right? One more bureaucratic layer? One more bureaucratic hurdle for the people? Sonia Gandhi is already burdened with a heavy workload! Why not Rahul Gandhi heads the NAC? And the Youth Congress can monitor the government’s various development schemes and programmes….
The draft food security bill
Is it an honest step or election rhetoric? The real players won’t speak! That is the significance of the bill! Yes, in India, lately, with the UPA-II is facing problems over certain sensitive legislations and the Opposition, unexpectedly sensing some opportunity to block crucial legislation, the UPA-II desperate for some radical action. That is the…
Prime Minister on the drought and his response inadequate!
Finance Minister’s response too seems not pro-active either! FM’s approach to rural regional bank branch expansion must be more comprehensive and more target-focused! There is a severe drought hitting the agricultural sector in a serious manner. The heart-rending stories are difficult to read. There are farmers’ suicides from many states, notably in AP, it is…
Nobel Prize Committee can also do foolish things!
It awarded the economics prize in 1997 and now the word pays a high price for it! Foolhardy speculations led to the current economic crisis. The Ascent of Money A financial history of the world by Niall Fergusson, Penguin, 2009, pp441, paperback. The book, the paperback edition has come out only a month ago. The…
The new Planning Commission constituted!
What is new about it? Not much! The same old faces are here again. The newly constituted Commission has once more the same deputy chairman, namely, Montek Singh Ahluwalia. There is again the old list with Ms. Syeda Hameed and Mr. Abhijit Sen from the old panel. The Prime Minister has administered the oath office…
Why the hurry for the Free Trade Agreement with Asean?
Prime Minister’s case seems weak and taken in haste! Kerala Chief Minister raises objection for the right reasons! Yes, trade talks are critical for any country, more so for India. Asean is India’s fourth-largest trading partner after the EU, US and China. Indo-Asean trade is growing at 27 % and stands at 38.37 billion in…
Why talk only of economic reforms?
We need political reforms too1 To make the distribution of wealth and also to create equal opportunities. The National Election Waft is a body of a thousand and odd NGOs started as an election monitoring body which itself was started by the Association for Democratic Reforms(ADR).This body filed a PIL before the Supreme Court in…