In April, India’s Planning Commission accepted recommendations put forth by the so-called Tendulkar Committee on a new poverty headcount for the country. Constituted by the Planning Commission under economist Suresh D Tendulkar, the committee, after four years and a new methodology, arrived at a new figure for the number of Indians living below the poverty line: 37.2 percent, ten points higher than the previous official figure. With the government’s subsequent...

Peruvian economist Hernando De Soto, who is the the capital to meet with government officials will over the next few days, seek to formalize an arrangement to help the government integrate its vast informal Economy with the mainstream. De Soto is the founder of the think-tank the Institute for Liberty and Democracy and is best known for his role in eradicating the Shining Path guerilla movement by empowering landless peasants who...

The Union budget estimates the nominal rate of growth for the Indian Economy to be 12.5 per cent during the current fiscal. While it is impossible to figure out the manner in which this number was arrived at, the government has predicted further that the inflation-adjusted real growth rate for the same year will be eight per cent. Simple arithmetic requires that the difference between the nominal and real growth...

Greenhouse gas emissions from rich countries fell a record 7 per cent in 2009 because of the recession, but the cut was entirely nullified by steep increases from fast-growing China and India, according to one of Europe's leading scientific research groups. Overall, this meant annual global climate emissions remained steady for the first time since 1992, says the Netherlands Environmental Assessment Agency which drew on energy-use data from the U.S. government,...

Pointing out that a disconnect exists between mass media and mass reality in India today, P. Sainath, Rural Affairs Editor of TheHindu, said the media had lost its sense of priorities and was out of touch with the problems of a vast section of the population of the country. He was delivering the Silver Jubilee Lecture on “Mass media: But where are the masses?” at the Indira Gandhi National Open University...