-Down to Earth World is moving towards natural capital as a measure of economic growth After using gross domestic product, or GDP, as the universal measurement of economy for six decades, the world has begun looking beyond this gold standard for measuring a country’s economy. On May 25, 10 African countries agreed to incorporate their natural capital, or value of their natural resources, into their national accounts to make better economic decisions. The...

IRONY RUNS its play every year in India as food grains rot in godowns while 23 crore people go hungry every day. GOI Monitor talks to food and trade policy analyst Devinder Sharma on the issues stalking agriculture and public distribution    One of the reasons for surplus food not reaching the needy is that states are not picking up the grain. Why is this happening? Food grain procurement and distribution is...

-Live Mint Latest houselisting data demonstrates a visible growth in the material well-being of the two groups Indians, all of them, across class and caste, traded up over the past decade, a period of rapid and record economic growth—that’s the counter-intuitive message in the latest update to Census 2011. According to the so-called houselisting data released by the census, scheduled castes (SCs) and scheduled tribes (STs) have, like the rest of the country,...

-Reuters Inflation may have accelerated at its fastest pace this year in May, driven by higher food and fuel prices, impeding chances of a rate cut by the central bank at its review next week, a Reuters poll showed. The wholesale price index, India's main inflation gauge, is expected to rise 7.60 percent in May versus a year ago, compared with April's 7.23 percent, the poll of 31 analysts showed. Forecasts ranged from...

One man's quest to make the right to information the right to action Subhash Chandra Agrawal doesn't drink tea, eat onions, watch movies, listen to music, or want to raise children in this corrupt and polluted world. A cloth merchant from Chandni Chowk, Mr. Agrawal (62) follows the news and files Right to Information (RTI) requests: on the selection criteria for national awards, the assets of judges, the prevalence of bigamy among...