The pointlessness of the debate over Indian measures of poverty becomes clear when we look at the country’s human development record. If per capita real incomes have risen so well during the last two decades since reforms were introduced, surely that should mean better lives for most Indians. Forget about catching up with China, there is increasing evidence of India falling behind Bangladesh in terms of key human development indicators...

-The Economist   The world’s population will reach 7 billion at the end of October. Don’t panic IN 1950 the whole population of the earth—2.5 billion—could have squeezed, shoulder to shoulder, onto the Isle of Wight, a 381-square-kilometre rock off southern England. By 1968 John Brunner, a British novelist, observed that the earth’s people—by then 3.5 billion—would have required the Isle of Man, 572 square kilometres in the Irish Sea, for its standing...

Union Labour Minister inaugurates UPASI conference Action on representations relating to the Minimum Wages Act can only be taken by State governments, said Union Minister for Labour and Employment Mallikarjun Kharge in Coonoor on Sunday. He was inaugurating the 118th annual conference of the United Planters Association of Southern India (UPASI). Referring to the grievances of the planting community over the wage component adding considerably to the cost of production, he pointed...

Only in India does redistribution, which keeps the poor and marginalised out of the mainstream of the economy, pass for inclusive growth. In much of the rest of the world, inclusive growth would mean giving the poor and marginalised a direct stake in the economy with fast-growing industries and services absorbing them into gainful employment and, thus, making them true participants and partners in the growth process.  But in India, we...

-The Hindu   Noted Jaipur-based economist V. S. Vyas has expressed concern over “progressive diminution” of cultivated holdings which he says has led to stagnation in the yield of major crops and rendered agricultural income insufficient for farmers to make ends meet. A sharp decline was also being witnessed in per capita food production, he said. Delivering the Tarlok Singh Memorial Lecture at the University of Hyderabad over the weekend, Professor Vyas said...