Global foodgrain prices are likely to remain high in the coming months despite high output estimates this season. Bad weather in Brazil and Russia and rising global demand have made the grain market sensitive. The assessment of the damage due to dry weather in Russia, Western Australia and South America and floods in India, China and Pakistan is yet to be done. This is offering grain traders speculative opportunity on futures...

Exposed, untreated excrement can kill by the million. One of the hardest-won UN Millennium Development Goals (MDGs) is a 2015 target of halving the proportion of those without sustainable access to safe drinking water and adequate sanitation. Even if achieved, the target would still leave some 500 million on the planet without this basic requirement for survival and dignity. As many as 79 per cent of rural and 46 per...

The International Energy Agency (IEA) has highlighted that over 20% of the global population or 1.4 billion people lack access to electricity, which hinders economic and social development. Here in India, the grim reality is that almost half the population in rural areas has little or no supply of power. For long years, open-ended subsidies in power have mostly been diverted and usurped by the undeserving non-poor. Fortunately, social, managerial and...

Arjun Kumar Sengupta, a developmental economist and Member of the Rajya Sabha, passed away on Sunday evening. He was 73 and is survived by his wife Jayshree Sengupta and daughter Madhura Sengupta who teaches in Canada. He has had a multi-faceted career as a academician, economic policy administrator and a Parliamentarian. “I am deeply grieved to learn about the sad demise of Dr Arjun Kumar Sengupta, Member of Parliament. He will...

The Congress today said activists and NGOs did not have a monopoly over the Mahatma Gandhi National Rural Employment Guarantee Scheme. Former Congress MP from Gujarat, Madhusudan Mistry, said activists had no business questioning the credibility of politicians like him on NREGA. He was referring to a note circulated by Aruna Roy and Jean Dreze at a meeting of the Central Employment Guarantee Council (CEGC) last month. The note referred to a...