Rahul Gandhi, the general secretary of India’s Congress party, often says that there exist “two Indias” — one of the rich, and one of the poor. Those two Indias were in evidence a couple of weeks ago, when closely timed events on opposite sides of the planet brought into relief the deep divides that in many ways define this country. In Mumbai on Nov. 7, President Barack Obama told a group of...

India has lost nearly a half-trillion dollars in illegal financial flows out of the country, says a new study by Global Financial Integrity. India is losing nearly Rs.240 crore every 24 hours, on average, in illegal financial flows out of the country. The nation lost $213 billion (roughly Rs.9.7 lakh crore) in illegal capital flight between 1948 and 2008. However, over $125 billion (Rs.5.7 lakh crore) of that was lost in...

Twenty years is a good enough time to assess how countries of the world, irrespective of the economic or political system they follow, have performed in promoting human development. Successive Human Development Reports (HDR), since 1990, have mainstreamed health and education as critical indicators of human progress and contributed to international policy structures. For instance, the Millennium Development Goals, aimed at using international financial resources to reduce global poverty, can...

Launched 20 years ago with the simple line that "people are the real wealth of a nation", the United Nations' Human Development Report has become the most trusted annual indicator of progress in developing nations. The 20th anniversary report charts progress going back 20 years before that first publication - so it is an ambitious attempt to chart development achievements - or not - going back 40 years. The UN Development Programme's...

The latest Human Development Report, or HDR, (2010), marking its 20th anniversary, is both remarkable and useful. Remarkable because it brims with intellectual confidence, born out of a sense of vindication over the “conceptual brilliance and continued relevance” of Mahbub ul-Huq’s original human development paradigm set out in the first sentence of the 1990 report — “People are the real wealth of nations.” The idea of human development, which, through...