India is today the world's largest importer of arms. These include fighter jet planes, missiles and radar systems for strategic partnerships and geo-political power. India is also investing in security and surveillance to combat foreign threats and resistance from its own people in places like the Kashmir valley, and the North East and tribal regions of Central India. This provides tremendous opportunity for multi-national corporations to sell and invest in...

Eighty labourers, both men and women, are at work at Thiruvanduthurai village in Tiruvarur district of Tamil Nadu, about 325 km south of Chennai. They are digging a pond - about an acre wide and six feet deep - funded under the Mahatma Gandhi National Rural Employment Guarantee Scheme, or MGNREGS. Outside the work perimeter, two middle aged men look on, worried. P. Murugan and K. Govindaraj are farmers from the...

India's economy grew faster than expected in the second quarter of its financial year, figures show. In the three months to September, gross domestic product (GDP) was up 8.9% from the same period last year. However, inflation remains a real concern for authorities with new figures showing prices rising by 9.7% in October. Although only the world's 11th biggest economy, India is the second fastest-growing major economy, behind China. Strong farm production, increased vehicle...

Ajit Kumar Singh loves driving his father CP Singh’s brand new Mahindra Xylo on the potholed roads much more used to tractors carrying sugarcane in Ashokpur Tikia village of Gonda district in Uttar Pradesh. “It takes to the road in these interior regions much easily than the humble Alto we had earlier,” says the 20-year-old law student at the local degree college in Gonda, tapping his fingers on the freshly washed...

When noted economist Jean Dreze visited Surguja in Chhattisgarh a decade ago, its utterly non-functional Public Distribution System (PDS) looked like especially “designed to fail.” The National Advisory Committee member has written in a recent article that the ration shop owners illegally sold the grain meant for the poor and “hunger haunted the land.” But that was then. The economist was pleasantly shocked to see the transformation this time. “Ten years...