The world's second largest national headcount operation, the Census of India, is significant for several reasons. The largest peace-time administrative activity of the Indian state is also the third since economic liberalisation was initiated. Three decades is enough time for a nation to assess the economic impact and implications of a change in macroeconomic policies, and hence Census 2011 should provide statistical insights into what the move away from state-led...

India’s microfinance institutions (MFIs), under pressure because of stricter rules in their largest market Andhra Pradesh and the consequent slump in repayments there, may get a boost from the Asian Development Bank (ADB). ADB is constituting a $250 million (around Rs1,135 crore) facility to offer guarantees against loans to MFIs extended by banks in the Asia-Pacific region where it operates, including India. The move is aimed at encouraging banks to lend...

After increasing slowly and steadily from historic lows, world rice prices tripled in just six months during 2007-08. The price surge caused much anxiety because so many of the world’s poor are rice consumers. And it caught many by surprise as market fundamentals were sound. Indeed, it was government policies, rather than changes in the production and consumption of rice, that drove the surge. This suggests that improved government policies...

On the fifth birth anniversary of the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) last Wednesday, UPA chairperson Sonia Gandhi admitted discrepancies in the biggest job guarantee scheme in the world. Gandhi, who is also National Advisory Council (NAC) chief, was referring to fake job cards, forged muster rolls and funds swindled by village heads, officials, etc. She was quick to pinpoint the course correction — a strengthened social audit....

The environment minister promised much, but his flip-flops of late raise concern Mr Compromised     * Vedanta In ’09, Jairam said no to mining. Now says yes to refinery expansion though water is scarce.     * Polavaram dam Gives forest clearance, then seeks explanation     * Posco Under litigation as the ministry says yes to forest clearance for iron ore/steel plant     * Lavasa township Ministry report says ecologically sensitive Ghats will be affected....