Sitting on his father’s shoulders, two-year-old Rahul Kumar giggles and tugs on a lock of his father’s hair. A happy, healthy-looking boy, Rahul has already seen much of India. Born in a small village in northern Bihar, he has spent roughly half of his short life in Punjab, where his parents work as seasonal farm labourers. He has spent a few months in his parents’ village. The rest has been spent...

Peruvian economist Hernando de Soto turned classical capitalism on its head with his trickle-up theory: that if you create wealth at the bottom of the pyramid, it will find its way up. de Soto, president of the Institute for Liberty and Democracy, speaks to The Indian Express Editor-in-Chief Shekhar Gupta on NDTV’s Walk the Talk on the need for the poor to be able to participate in the global economy...

A UN Habitat publication warns that inequalities and worsening informal settlements (read slums) could lead to widespread violence and chaos in the cities and towns of the world. The newly-released report titled “Planning Sustainable Cities: Global Report on Human Settlements 2009” says that with almost 200,000 new dwellers flooding into the world cities and towns each day, there is an urgent need to check the mushrooming of such settlements. The...

With the national capital furiously gearing up to meet the deadlines of the Commonwealth Games, the alarming number of deaths of construction workers in absence of proper safety norms and adequate compensation is a cause of concern, say social activists. The actual number of accidents and casualties are much more but many such cases never get reported, they add. Fifty nine construction workers were killed and 115 suffered serious injuries...

Output and Growth     According to the [inside]Economic Survey 2017-18, Volume-2[/inside] (please click here to access): • The growth rates of agriculture & allied sectors have been fluctuating at 1.5 per cent in 2012-13, 5.6 per cent in 2013-14, (-) 0.2 per cent in 2014-15, 0.7 per cent in 2015-16 and 4.9 per cent in 2016-17. • The Gross Capital Formation (GCF) in Agriculture and Allied Sectors relative to Gross Value Added (GVA) in...