-The Business Standard In parts of Odisha, Assam and Uttar Pradesh, the crop has already seen substantial damage Chandigarh: Heavy rains in major growing areas are taking a toll on the paddy crop. In parts of Odisha, Assam and Uttar Pradesh, the crop has already seen substantial damage. Officials in the agriculture departments of these states are compiling data on the actual extent of the flooding. It is estimated up to 40 per...

-The Business Standard A third of the poorest urban population had exclusive supply of drinking water in 2012 against 28.5% in 2008-09 Accessibility to potable water improved for the poor in the country between 2009 and 2012, particularly in rural areas, said a National Sample Survey Office (NSSO) report. Around 27 per cent of those belonging to the bottom section (0-20 quintile) in rural areas had exclusive supply of drinking water in...

-Al Jazeera The UN claims that its Millennium Development Campaign has reduced poverty globally, an assertion that is far from true. The received wisdom comes to us from all directions: Poverty rates are declining and extreme poverty will soon be eradicated. The World Bank, the governments of wealthy countries, and - most importantly - the United Nations Millennium Campaign all agree on this narrative. Relax, they tell us. The world is getting...

-The Hindu Business Line While the limitations of the concept of economic growth are acknowledged, we need a better index than HDI Despite claims that economic development as a branch of economic science emerged only in the 1950s, there is no doubt that the notion of development existed even in classical economic thought processes, emerging from the writings of Adam Smith and David Ricardo. The recognition of development economics as a discipline...

-The Economic Times None of the standard explanations quite explain the rise in food prices India has seen: pronounced since 2006 and alarming after 2010. Drought and poor rains? The country has seen good aggregate rainfall in most of those years. Spike in global prices? Those were high in 2007-08, not now. Fragmented value chains that allow middlemen to grab large margins? The value chain has always been fragmented. Growth has slowed...