The 11th five-year plan promised the nation “inclusive growth”. It marked a departure from the earlier official position that the “benefits of growth” would automatically “trickle down” to the poor, and that if growth was not actually benefiting the poor, then the reason lay in its not being high enough. The 11th plan, by contrast, conceded that the “benefits of growth” did not automatically “trickle down”, but argued that growth...

At a time when the government is willing to pump thousands of crores for the revival of national carrier Air India, the finance ministry has rejected railways' plea for a temporary loan of Rs 2,101 crore to fund its development works.  Turning down the loan request, the ministry has the asked state-run transporter, which is under acute financial stress, to meet its liabilities by raising resources.  Railways made the demand considering negative...

-The Economic Times   Rapid urbanisation of villages and expansion of urban areas pose a more pressing challenge to Indian policymakers and administrators than migration of people from rural areas to the cities, a new report has said.  "A commonly held perception is that explosive rural to urban migration is the primary cause for the state of India's cities. This is not borne out by evidence," says 'Urban India 2011- Evidence', released by...

The Reserve Bank of India on Friday expressed the hope that foreign direct investment in multi-brand retail would help in bringing down inflation. “...Certainly it (FDI in multi-brand retail) would help improve supply chain and we hope it should also contribute to reducing inflation,” Reserve Bank of India Governor D. Subbarao told reporters on the sidelines of a memorial lecture here. Dr. Subbarao said 51 per cent FDI in multi-brand retail would...

While higher income levels mean countries have more money to improve women's health, ultimately it comes down to how governments decide to spend the money We know that economic growth and human development do not always go hand in hand, as evidenced by the very different position of countries in per capita GDP rankings compared with human development rankings. But the link between health conditions and economic growth is usually thought...