Why is India's most socially developed state - and one of the developing world's most advanced regions - an economic laggard? This question about Kerala, known all over the world for its lush landscapes, sun-drenched beaches and idyllic backwaters, has been a subject of intense debate among economists and social scientists. Kerala defies all stereotypes of a "socially backward" Indian state - swathes of people living in abject poverty, men outnumbering...

‘Improved law and order gave the vital impetus'  ‘State Govt. has ushered in wide-ranging reforms' ‘Development expenditures have increased' One of India's poorest State Bihar has started turning around based on the all-inclusive reforms initiated by the State Government, including improved law and order and higher public expenditures, the World Bank has said. “There are visible signs of a turnaround where the Bihar Government has been implementing wide-ranging reforms. State revenues and development...

WELL before Budget 2010-11 was presented, inflation had emerged as the principal economic problem in the country. With food-price inflation running at close to 20 per cent, even the United Progressive Alliance (UPA) government at the Centre had been forced to recognise it as a problem that deserved as much attention as the objective of achieving a 9 or 10 per cent rate of growth, if not more. In fact,...

From equity and livelihood perspectives, livestock rearing must be at the centre stage of poverty alleviation programmes.  Livestock rearing is a key livelihood and risk mitigation strategy for small and marginal farmers, particularly across the rain-fed regions of India. Livestock products comprised 32 per cent of the total value of agriculture and allied activities in 2006-07 which was a noticeable increase from 27 per cent in 1999-2000 and from 1980-81...

Forget the rhetoric, the FM’s left little for core social sectors The Union finance minister’s enthusiasm in marking the roadmap to financial discipline and pushing reforms in Budget 2010 is somehow missing in his proposals for inclusive growth. These proposals lack the required homework—in referring to relevant literature, including some recent government reports, and in making estimates of the required funds—and certainly do not reflect much commitment to inclusive growth. Agriculture—which...