-The Indian Express No country has ever achieved prosperity without engaging with science and technology (S&T). The ascent of the West and its global domination owes much to its prowess in S&T. In Asia, Japan and South Korea and more recently China have taken the highway to prosperity by mastering technology and effectively dealing with complexity. Chinese economist Justin Yufi Lin in his book The Quest for Prosperity has argued that...

-The New York Times Blog On March 23, when students and prominent Indians meet at the Wharton School of the University of Pennsylvania for the India Economic Forum, one person will be conspicuous by his absence: Narendra Modi. The chief minister of Gujarat was invited to join the conference via Skype to discuss Gujarat’s development model, but student organizers of the annual conference withdrew their invitation on Sunday after a few University...

-The Hindu If drought is making many in Osmanabad struggle for survival, it is also boosting a 24-hour trade that thrives on scarcity Bharat Raut spends around Rs.800 a month on petrol — just to fetch water that belongs to him. So do a lot of others in Takwiki village in Osmanabad district in Marathwada. Almost every household in Takwiki (and other villages) has one member locked into a single task each...

-The Economist Government borrowing generates inflation, widens the external deficit and crowds out much-needed investment. Can India now overcome its debt addiction? INDIA has grappled with its public finances for long enough. When presenting its first budget after independence in 1947, the finance minister of the day insisted that the country was not living beyond its means. Yet every budget since has failed to produce a surplus. India borrows more heavily...

-The Hindu By allowing futures trade in food and diversion of farm land for commercial purposes, the UPA government is fuelling the price rise International agencies are warning of high food prices on a global scale in 2013 if urgent action is not taken. But our government shows little concern. The President’s address to Parliament had only a cursory mention of inflation. “Inflation is easing gradually, but is still a problem,” he...