IN preparing the approach paper to the Twelfth Five Year Plan, the Planning Commission engaged “all interested persons” in the country in a wide, web-based consultative exercise and also involved a varied group of “stakeholders”. The resulting document clearly indicates some awareness of the complex problems likely to be faced by the economy in the coming period. But it falls short of expectations because it does not provide a cohesive...

For first time since 1921, India's urban population goes up by more than its rural Is distress migration on a massive scale responsible for one of the most striking findings of Census 2011: that for the first time since 1921, urban India added more numbers to its population in a decade than rural India did? At 833.1 million, India's rural population today is 90.6 million higher than it was a decade ago....

On one day — one minute — in the next month, the world's seven billionth human resident will be born. The United Nations is marking the occasion on the last day of October with what it describes it as an “opportunity” to promote “seven billion actions” for environmental sustainability and women's education, estimating that the world's population will top out at nine or 10 billion mid-century before declining as economic...

The government has introduced the Land Acquisition, Rehabilitation & Resettlement Bill, 2011, in Parliament. The Bill fails to address fundamental causes behind disputes and litigation over compensation. Moreover, like the existing law, it has provisions that can be misused by states to favour companies at the expense of the rights of farmers and forest dwellers. An excessive use of the emergency clause is not the only abuse of the current law...

Planning Commission, RBI officials hold brainstorming deliberations with experts With the persistent near double-digit headline inflation, despite sustained increases in key policy rates by the Reserve Bank of India, turning out to be “a frustrating experience for policymakers,” senior officials from the Planning Commission, the Finance Ministry and the RBI met with a group of academic economic experts and representatives of the International Monetary Fund (IMF), the World Bank and the...