-The Business Standard The challenge to anti-inflation policy lies in better institutions and better evidence-based policy Our failure to rein in inflation has been costly. Economically, it has hurt growth. Poor and urban middle-class households have been affected the most. A combination of slowing growth and high inflation has weakened our macro-fundamentals: households fled financial savings, domestic and foreign investors lost confidence, and the rupee plunged. Politically, it has been a disaster. For...

-The Business Standard The state was the sixth-worst during the year, according to the Annual Survey of Industries data A set of government data released recently seems to puncture the Narendra Modi-led Gujarat government's claim that the state's industrial performance has been robust. According to the data fron the Annual Survey of Industries (ASI), the industrial growth rate for the state's organised sector slumped below one per cent in 2011-12. And, in fact,...

-The Business Standard Does the Indian government's loud voice in international negotiations lead to results? At the recent Word Trade Organisation (WTO) meet in Bali, the Indian government went, with all guns blazing, to defend the rights of the country's farmers and to secure food security for millions of poor people. It opposed the Agreement on Agriculture, which limits government food procurement to 10 per cent of the value of total...

-The Hindu The Warsaw negotiations have delivered empty new shells in the name of finance and technology to the developing world and repackaged existing financial commitments towards the poor countries in a green-coloured envelope The Warsaw negotiations delivered little on climate change issues but the fortnight served as a warning about the perilous task that lies before countries to produce a global compact by 2015 which matches expectations. The developed countries reached Warsaw...

-The Hindu Warsaw: The G77+China group delivered an ultimatum to the developed countries on the issue of Loss and Damage, threatening to walk out of the Warsaw negotiations if the developed countries did not stop blocking it. The ultimatum was delivered by the G77+China negotiator Juan Hoffmeister, who is leading the talks on the issue for the developing country block, at a closed door meeting on Saturday evening, raising the stakes...