If a country’s national income is rising, someone in the country must be getting richer. Unless income distribution is changing, all income classes must get richer at about the same pace. If a constant standard of living is defined to classify everyone below it as poor, then as incomes rise, the proportion of the poor so defined must shrink, eventually to zero. If income grows 5 per cent a year...

Concerted efforts have been made to give a new lease of life to the Doha Round of WTO negotiations. The question before us is: what is the most relevant role which this revived round of trade talks can play? If we take an overview of the entire international trade scene and the changes that have taken place ever since the WTO was created (including the negotiations which preceded the WTO’s...

In Maharashtra, where issues hurl themselves at you, the Opposition failed to mount a strong campaign on a single one of them. The front rows of the Mumbai-Nagpur flight are usually the province of the political class: MLAs to MPs, ministers and fixers. This time, though, quite a few of the occupants were celebrities: television and film stars, major and minor, middling and mediocre. It wasn’t the T-20 cricket match in...

The economic turmoil sweeping the globe has lead to a sharp spike in hunger affecting the world’s poorest, uncovering a fragile global food system requiring urgent reform, according to a report issued today by two United Nations agencies. The combination of the food and economic crises have pushed more people into hunger, with the number of hungry expected to top 1 billion this year, according to the Food and Agriculture...

Civil society groups and non-governmental organisations have strongly voiced their disapproval of the Genetic Engineering Approval Committee (GEAC) recommending commercial cultivation of Bt Brinjal in India. This is happening even as there are many unresolved issues surrounding the environmental release of the transgenic vegetable and genuine concerns over its safety for human consumption. There is also the threat of all future seeds and therefore Indian agriculture coming under the control...