Thousands of people have gathered in the Indian capital, Delhi, to take part in a rally to protest against rising food prices and unemployment. A steady stream of protesters, carrying red flags, has been marching through the streets of central Delhi since early morning. The rally has led to massive traffic jams in the city. Trade unions who have called the rally say nearly 40,000 people will attend a meeting at the Ramlila...

Estimated expenditure on farm and irrigation sectors is Rs. 17,857 crore The agricultural sector has been given prime place in the State Budget presented to the Legislative Assembly on Thursday by Chief Minister B.S. Yeddyurappa, who also holds the Finance portfolio. Mr. Yeddyurappa's focus on agriculture is reminiscent of the Union Budget presented by the first Janata Party Government of Morarji Desai in the post-Emergency era. The estimated expenditure on agriculture and irrigation...

With India growing faster than almost every other large economy, the government is right to address its long-run challenges. The push for investment in infrastructure is bearing fruit and the expansion of social programmes such as the National Rural Employment Guarantee Act (NREGA) and the Right to Education Act (RTE) is spreading the benefits of growth across the population. But just as improved infrastructure doesn’t eliminate all traffic jams, rapid growth...

Investing around $1.3 trillion – or two per cent of global gross domestic product (GDP) – into ten key sectors can kick-start a transition towards a low-carbon, resource-efficient 'green economy' that can also help reduce poverty, says a new United Nations report launched today. The UN Environment Programme (UNEP) presented the report, “Towards a Green Economy: Pathways to Sustainable Development and Poverty Eradication,” to environment ministers from over 100 countries at...

Continued poor performance of some key infrastructure sectors cause for concern As India is on the path of achieving 8.5 per cent economic growth, aiming to exceed the 9 per cent growth mark next fiscal, the biggest worrying factor that could derail this horse power of growth and play spoilsport in the “growth story” of the UPA II government is the poor state of infrastructure and its tardy pace of development...