Food prices have shot up by more than 20 per cent in the course of the past 12 months. A vast proportion of the nation is being battered by the price rise — the fixed income group, the working classes, landless peasantry and small farmers who have to buy at least a part of the grains they consume from the market. There is, however, no upheaval among the suffering people....

The Indian economy should recover from the recession caused by the global meltdown. India’s exposure to the world economy is quite limited. It is mainly through the exports market and partly through foreign investment flows either as equity or debt capital that financed private investment. The extent of the dependence, however, is quite low. The recession in the exports market affects only few sectors, such as textile and labour-intensive manufactures...

Highlights of the skill development programme * All rural youths in BPL category eligible * Govt. assures placement for at least 75 percent trainees * Youths to get training on technical and soft skills * MoUs with industrial houses to ensure placements * 75 percent expense to be borne by Centre, rest by state governments The Centre is firming up a skill development scheme for poor rural youth who will be given technical training by the...

The impact of the global financial downturn has been felt keenly in the Middle Eastern emirate of Dubai - and that in turn is affecting the remote Indian village of Akhopur in the state of Bihar, from where Amarnath Tewary reports. In August 2008, Bharat Bhushan Tiwari - from Akhopur village in eastern Indian Bihar - took a loan of 71,000 rupees ($1,500) from a village moneylender to pay a...

The good news is that Bihar has done it! Bihar’s first successful social audit took place in Jamua Panchayat of Araria district despite violence and threats. Two thousand villagers participated in the exercise and fearlessly deposed in front of a panel of officials and civil society representatives. The social audit exposed widespread corruption, fake muster rolls and fake vouchers in the panchayat records. (see details and contact numbers below) Following the...