-The Business Standard   The National Bank for Agriculture and Rural Development (Nabard) has recorded a 40 per cent growth in agriculture credit and rural development in Karnataka during 2011-12. It has extended farm credit of Rs 6,053 crore during the year. While the production credit refinance extended to cooperative banks and regional rural banks (RRBs) was Rs 3,775 crore, its finance to state government under the Rural Infrastructure Development Fund (RIDF)...

The great poverty debate has been re-ignited, pitting liberal, pro-market economists against left-of-centre economists of the JNU genre. Is the Tendulkar Committee's poverty line - expenditure of 32 a day in urban areas and 26 in rural areas -an affront to the poor, an estimate that could only have been made by a committee whose members had never known a day's poverty themselves? Or is it a realistic estimate of what...

-The Hindu   “Heart of policy is that government believes people should pay tax somewhere” Even as Finance Minister Pranab Mukherjee faces flak from corporates at home and abroad on his budget proposal to tax Vodafone-type deals through retrospective amendment, World Bank president Robert Zoellick sought to side with the government saying India wanted the company to pay tax at some place. He also reasoned that investors must give some time to the government...

Nowhere are the argumentative Indians more visible than in the cacophony surrounding poverty estimates. Poverty is declining; inequality is increasing; no one can live on Rs 28 a day; nine per cent of Indians are poor; 70 per cent of Indians are poor. Poverty is too important to be used as ping-pong between optimists and pessimists on the Indian economy. I am deeply disillusioned to discover that there are no certainties...

India, like other Asian countries, has focused its climate change adaptation strategies on rural and urban areas while neglecting the urban fringes, say experts. Peri-urban areas are characterised by haphazard, accelerated expansion and are farthest from basic urban services and infrastructure, according to United Nations-Habitat’s ‘The State of Asian Cities 2010-11’. By 2020, of the projected 4.2 billion urban population of the world, 2.2 billion will be living in Asia, many...