Even as the media celebrate the Mercedes Benz deal in the Marathwada region as a sign of “rural resurgence,” the latest data show that 17,368 farmers killed themselves in the year of the “resurgence.” When businessmen from Aurangabad in the backward Marathwada region bought 150 Mercedes Benz luxury cars worth Rs. 65 crore at one go in October, it grabbed media attention. The top public sector bank, State Bank of India,...

While China has made great economic and social progress in recent years, land degradation and the widening income gap between rural and urban are posing challenges to ensuring the right to food for its population, says an independent United Nations human rights expert. “Within a few decades, China has been able to feed itself and to feed one fifth of the entire world population. That is really impressive. Yet, considering a...

The spectre of rising onion prices is haunting Indian politics again. As prices trebled over a period of three weeks, touching Rs.90 a kg in some parts of the country, the liliaceous plant, whose bulb is the mainstay of many Indian staple recipes, became a topic of debate and discussion not only for ordinary consumers, but for economists and policymakers as well. India is the world's second largest producer of...

This week’s good news on food price inflation was evened out by the bad news on Fuel Prices hike. But, both were along expected lines. Thanks to the so-called “base effect” — the fact that last year this time food prices were rising sharply and since last year’s prices become the denominator in this year’s price ratio, the rate of inflation would be expected to moderate — and to an...

In a jaw-dropping move, the Uttar Pradesh government has converted 2,367 sq km of the countryside along the Yamuna Expressway, connecting Greater Noida with Agra , into urban land. In a country where policy to create new towns has not ventured beyond the 50 sq km allowed as the maximum area of a Special Economic Zone, this is welcome. But not so, the manner in which the changed land-use is going...