A section of the media seems to be mighty impressed with Bihar’s miraculous (11.03%) average annual growth during the 2004-05 to 2008-09, supposedly akin to that of Gujarat (11.05%) but is there a catch in this stunning statistics? (See the graph below). While the media has quoted the Gross State Domestic Product at factor cost (at constant 1999-2000 prices) as provided by the Central Statistical Organization (CSO), but the corresponding...

Without policy efforts to deal specifically with issues such as reduced incomes and unemployment, the global economic crisis will be far from over. FOR most economic commentators, 2010 begins on an optimistic note. Just a year ago, there was much gloom about the world economy. The worst financial crisis since the Great Depression had broken out in full fury; asset markets in the United States, Europe and then most developing...

Kabul (Reuters): Dozens of Indian labourers have been forced to take refuge in a Sikh temple in Kabul after job agents who promised lucrative jobs in the unstable capital disappeared, leaving the men penniless and without passports. Billions of dollars in western military contracts have turned Afghanistan — long a source of refugees fleeing chronic conflict — into an unlikely magnet for migrant workers willing to risk their lives for a...

The central government has decided to make each of its 6,000 websites disabled-friendly. Under new government guidelines, the visually challenged will be able to use a “screen reader software” that will read out the text that appears on a computer monitor. People who have difficulty handling a mouse can use the “voice recognition software” to work the computer with verbal commands. The websites will provide features like “iconic learning” for those...

What sets poverty in India apart is the effort that has gone into defining, measuring, recalibrating, contesting, recounting, refining and disputing its magnitude, nature and, at least, in the case of one protagonist, existence. This exegesis on poverty has been captured in a World Bank volume, The Great Indian Poverty Debate, published before the latest estimates by Prof Suresh Tendulkar kicked off yet another round of heated discussion on the...