The quarterly Survey of Professional Forecasters conducted by the Reserve Bank of India (RBI) revised India's gross domestic product Growth downwards to 6 per cent for 2009-10 from 6.5 per cent in the previous round of the survey. However, the survey has estimated that corporate profits are set to rise in the current fiscal. According to the RBI, the highest probability of 37.5 per cent is assigned to Growth range...
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Plastic Roads Offer Greener Way to Travel in India by Mridu Khullar
In the 1990s, Ahmed Khan’s company in Bangalore, India, churned out hundreds of thousands of plastic bags and other packaging material each month that eventually ended up as garbage. Now, he is in the business of scouring the city’s landfills and trash cans to reclaim some of that waste and pave the way to a more environmentally friendly enterprise. Mr. Khan, 60, is trying to solve two of the biggest...
More »'Outlays have had no relationship with outcomes': Mani Shankar Aiyar
As an Indian, and one who has held high ministerial office, it is only right that I begin by portraying the reality of my own country before drawing comparisons with my South Asian neighbours. The World Food Programme tells us that half the world’s hungry live in India. Which is the more significant reality: Our being the second-fastest growing economy in the world, or that, notwithstanding that extraordinarily high Growth...
More »Food Security, Sustainability and Copenhagen Summit
A seminar titled Food Security and Sustainability in India, organized at Amritsar between 7 and 8 November by the GAD Institute of Development Studies, a NGO, at Guru Nanak Dev University, Amritsar, brought together government officials, scientists, academicians and NGOs so as to generate discussions and debates surrounding climate change and global warming and their impact on agriculture. The Copenhagen Summit on Climate Change is going to take place between...
More »Food dilemma: High prices or shortages
For a man who will inherit vast tracts of fertile farmland in Punjab, India's grain bowl, Jaswinder Singh made what seemed to him a logical career move -- he took a job with a telecoms company in New Delhi. "I can't go back to the village after an M.B.A. Delhi has more money, better quality of life. The job is more satisfying, and you don't depend on the weather or...
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