West Bengal chief minister Mamata Banerjee may have complained of inheriting empty coffers from the Left Front government that ruled the state for 34 years, but cold statistics reveals that it created a base for her to build upon. During the last few years of the Left rule, Bengal witnessed rapid industrialization. Former chief minister Buddhadeb Bhattacharjee steered the state to fourth position in terms of rapid growth of industry...

Food-price inflation in India, Asia’s third-largest economy, may accelerate in the second half as farmers are paying 20 percent more to grow crops, according to the commission that helps set minimum farm-product prices. “The cost of production is going up very fast,” Ashok Gulati, chairman of the Commission for Agricultural Costs and Prices, said in a telephone interview yesterday. “The labor cost has gone up dramatically in the past one year...

Mass leaders in India have a tradition of broaching BSP —bijli, sadak and pani — issues to strike a chord during election rallies. However, in almost each of her 150-plus rallies across the state in the election season, Mamata Banerjee deviated from the conventional mix and squeezed into her speech phrases like debt burden, public finance and economic recovery. Whether such esoteric terms found resonance or not, Mamata did get across the...

-Live Mint   After the late Charan Singh, he was the moving force behind the formidable farm lobby in north India. Seen from that vantage, one could say he became a leader in his own right only after Singh left the stage Mahendra Singh Tikait’s political career took off long after productivity growth in Green Revolution had begun to taper off. The career of this rich farmers’ leader—who died on Sunday—was emblematic...

China's population grew to 1.34 billion by 2010, according to census data, which showed an ageing and more urban population that experts say is likely to spur calls for the "one-child" policy to be relaxed. The census released on Thursday showed the population in China, the world's second biggest economy, grew by 5.84 percent from the 1.27 billion in the last census in 2000 and to a level that was smaller...