India is today the world's largest importer of arms. These include fighter jet planes, missiles and radar systems for strategic partnerships and geo-political power. India is also investing in security and surveillance to combat foreign threats and resistance from its own people in places like the Kashmir valley, and the North East and tribal regions of Central India. This provides tremendous opportunity for multi-national corporations to sell and invest in...
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India versus China by Amartya Sen
The steadily rising rate of economic growth in India has recently been around 8 percent per year (it is expected to be 9 percent this year), and there is much speculation about whether and when India may catch up with and surpass China’s over 10 percent growth rate. Despite the evident excitement that this subject seems to cause in India and abroad, it is surely rather silly to be obsessed...
More »BPL health insurance fails in Kalahandi
-Express News Service The benefits under the Rashtriya Suraksha Bima Yojana (RSBY) have failed to trickle down to the beneficiaries the Below Poverty Line (BPL) families. Though launched as a pilot project in Kalahandi in November 2009, poor management and lack of awareness among the BPL beneficiaries have marred the cashless treatment provision. Out of the surveyed 2,24,859 BPL families, 1,03,083 families were enrolled in 20092010. Ironically, in the first year, only 1,513...
More »What's in a name? urban or rural? by Kala Sridhar
What is rural and what is urban is largely an artefact of definition and relative. See the table below. Most of India's 'rural' population resides in villages that contain between 500 and 5,000 inhabitants. Some argue that in other countries, many of these villages would be classified as urban. These studies point out that if India were to be a little more liberal in its definition of urban areas (minimum...
More »Punjab, Star of India's Rise, Faces Steep Fall by Amol Sharma and Geeta Anand
TARN TARAN, India—India's northern state of Punjab was once a symbol of the nation's economic progress, its advances in agriculture lauded world-wide as a spectacular feat that made India self-sufficient in food production. But Punjab today faces a grave economic crisis, the result of years of shoddy governance that have stunted growth and created such a mound of public debt that the state is now seeking a multibillion dollar bailout from...
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