-The Hindu   Investing an additional $40 billion annually in the forestry sector can halve the deforestation rates by 2030, increase the rate of tree planting by about 140 per cent by 2050, and catalyse the creation of millions of new jobs, according to a report by the United Nations Environment Programme (UNEP). Backed by the right kind of enabling policies, such an investment — equal to about two-thirds more than what...

The current perception that cash transfers can replace public provision of basic goods and services and become a catch-all solution for poverty reduction is false. Where cash transfers have helped to reduce poverty, they have added to public provision, not replaced it. For crucial items like food, direct provision protects poor consumers from rising prices and is part of a broader strategy to ensure domestic supply. Problems like targeting errors...

The steadily rising rate of economic growth in India has recently been around 8 percent per year (it is expected to be 9 percent this year), and there is much speculation about whether and when India may catch up with and surpass China’s over 10 percent growth rate. Despite the evident excitement that this subject seems to cause in India and abroad, it is surely rather silly to be obsessed...

TARN TARAN, India—India's northern state of Punjab was once a symbol of the nation's economic progress, its advances in agriculture lauded world-wide as a spectacular feat that made India self-sufficient in food production. But Punjab today faces a grave economic crisis, the result of years of shoddy governance that have stunted growth and created such a mound of public debt that the state is now seeking a multibillion dollar bailout from...

A fortnight ago, Moin was beaten to death by his uncle who was the owner of the factory where the 10-year-old worked. Very few would have cared but for television, which brought the horrific images of his battered body into middle-class living rooms. But it’s doubtful if anybody would remember Moin’s tragedy once the TV cameras shift elsewhere. This has happened many times. Just a year ago, an engineer couple was...