Prime Minister Manmohan Singh pledged Sunday to spend more on health care and education and make it easier for foreign investors to participate in India’s $1.2 trillion economy, one of the fastest growing in the world. At a World Economic Forum meeting in New Delhi, Mr. Singh said that public sector spending on health care would more than double to 2.5 percent of gross domestic product, and education spending would...

Bhaskar Dutta’s recent article on this page confirms the new trends in educational planning since Kapil Sibal took charge. Action on the education front is long overdue, but it should not pre-empt ample debate. Such debate has barely got off the ground: Dutta’s article is a valuable contribution. We lament that with sadly few exceptions, our higher education system does not reach international standards. Most of our young talent goes...

When the Indian government met the largest economic crisis the world has faced in nearly 80 years with tax cuts, aid for rural workers and interest rate cuts, critics said it was not enough. Now, though, it looks as if the policy makers may have offered too much. India’s $1 trillion economy, largely insulated from the global crisis by low reliance on exports and a heavily regulated banking system, has exceeded expectations...

Demonstrates very high levels of social capital, but overall ranking brought down by low levels of education, internal security and health LONDON, October 26, 2009 – The third edition of the Legatum Prosperity Index, published on 26 October, 2009 ranks 104 countries (covering 90% of the world’s population), based on a definition of prosperity that combines economic growth together with measures of happiness and quality of life. According to this year’s Legatum...

* Secondary education is critical in breaking the intergenerational cycle of poverty. * The number of secondary school students is expected to increase from 40 to 60 million over the next decade. * India needs to prepare now for this expansion and improve the quality of secondary education provided. In today’s global knowledge economy, education plays a vital role in determining a country’s economic growth and its people’s standards of living. Importantly,...