-The Economic Times   Governor of the Reserve Bank of India, D Subbarao said on Tuesday that India's food inflation was fanned by change in dietary habits. Commenting on high inflation, Subbarao said that underlying drivers of inflation have changed.  "India needs to address challenge of food inflation. Food inflation has substantially come down but over the last 3.5 years since 2008-2009, average food inflation has shot up higher than the past 6...

If Uttar Pradesh was to be declared a separate country today, it would be the sixth-largest nation. With a total population at par with Brazil, population density comparable to that of the UK and per-capita income similar to Kenya's, it indicates the paradox of its citizen occupying the same space as his Latin and UK counterparts, yet living in conditions similar to those in Africa. Setting this hypothesis aside, let us...

A revamped version of the Mahatma Gandhi Rural Employment Guarantee Scheme, the government's flagship social sector programme, will be unveiled on November 14. The makeover, crafted by rural development minister Jairam Ramesh and Planning Commission member Mihir Shah, promises to iron out administrative glitches that have dogged the six-year-old scheme, credited for boosting incomes but panned for stoking inflation. "We are ready with version 2 of MGNREGA. It will basically strengthen the...

It has to be but a means to development, not an end in itself Is India doing marvellously well, or is it failing terribly? Depending on whom you speak to, you could pick up either of those answers with some frequency. One story, very popular among a minority but a large enough group—of Indians who are doing very well (and among the media that cater largely to them)—runs something like...

-The Economist   A maverick minister lays into a hallowed programme IT LOOKS like risky politics for Jairam Ramesh, who runs India’s biggest civilian ministry, in charge of rural development, to lash out at his own government’s flagship welfare scheme. Mr Ramesh, who got his cabinet post in July, has sparked a row in the past week over corruption and poor results within a public programme that guarantees 100 days of paid work...