With its granaries brimming over, the government faces a crippling dilemma: The tab for releasing foodgrain to make way for new arrivals adds up to Rs 20,000-25,000 crore, an unviable addition to the subsidy bill. The government's bind was succinctly outlined by finance minister Pranab Mukherjee when he told a meeting called by Prime Minister Manmohan Singh on Wednesday that vacating food silos will mean a hefty cost at a time...

Remote controls are identified as technical devices which are used for various purposes ranging from the launching of space-ships to the monitoring of toy cars. But of late, these devices are being used to direct policies for nation states which are formally sovereign. We speak here of the powerful lobby of international credit rating agencies like Standard and Poor's (S&P), which has just delivered its sermon that India is no longer...

-The Economic Times A record high of 31% of Indian adults - or about 240 million Indians - rate their lives poorly enough to be considered 'suffering', according to the 2012 Gallup research released Monday at the Behavioral Economics Forum in New Delhi. This is against 24% "suffering" in 2011. Engagement in Indian workplaces is also a concern, with 8% of Indians who are employed for an employer being engaged, versus 32%...

Jim Clifton, chairman and chief executive officer of US research and consulting services company Gallup Inc., says he does not understand art, golf or sailing. He only understands polls as he grew up in Nebraska interviewing farmers and ranchers for his client Cargill. Clifton acquired privately owned Gallup in 1988 and merged it with his own poll company that he started at 18. Today, Gallup is known for its presidential...

The robust 9 per cent –plus growth in South Asia till 2010, driven largely by India, where it came down to around 7 per cent in 2011-12, had one major qualifier: it was mostly associated with a rapid rise in labour productivity rather than an expansion in employment, according to the latest report Global Employment Trends from International Labour Office. Up until the end of the millennium, that is just a...