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...

AS YOU drive west from Baroda — Gujarat’s cultural capital — towards the coast, it is hard not to marvel at the smooth, fourlane Vadodara-Bharuch National Highway Number 8, which gets you there. The only signs that suggest one is not on cruise control in an SUV somewhere on an expressway in America are occasional roadside dhabas with Indian names and poor passers-by, clad in saris or dhotis. Dwarfed by...

Prime Minister Manmohan Singh pledged Sunday to spend more on health care and education and make it easier for foreign investors to participate in India’s $1.2 trillion economy, one of the fastest growing in the world. At a World Economic Forum meeting in New Delhi, Mr. Singh said that public sector spending on health care would more than double to 2.5 percent of gross domestic product, and education spending would...

Those that have governed in tribal areas must share the responsibility for the negligence of the adivasis. The proposals for a multi-lateral dialogue should be set in that context.  There has been a flurry of concern as also vituperation over the activities of the Maoists in the forests that are mostly home to tribal society. There is a confrontation between the state and this society through the intervention of the...

In a recent lecture, delivered in Mumbai in memory of Nani Palkhivala, the home minister, P. Chidambaram, attacked “left-leaning intellectuals” and “human rights groups”, who, in his view, “plead the naxalite cause ignoring the violence unleashed by the naxalites on innocent men, women and children”. “Why are the human rights groups silent?” asked the home minister. The short answer is that they aren’t, and haven’t been, silent. There are very...