The data show that rural families simply cannot subsist on farm incomes alone There must be a bit of Gandhi in all of us because often our idea of India ultimately boils down to the kisan as the standard bearer of the lakhs of villages that comprise India. Perhaps that is why I tend to look for the signs of transformation in the lives of Indian farmers. The changes in...

-ENS Economic Bureau   Estimates on black money stashed away by Indians is still very much a grey area. So when the CBI Director emphatically declared on Monday that $500 billion of illegal money belonging to Indians was deposited in tax havens abroad, the figure caused more than a mild flutter.   Mainly because the information currently available on the black money economy is way too disparate and vague. Considering the available evidence, the...

-The Hindustan Times   The government is drafting the framework of a “white paper” on black money that it is likely to present before Parliament in the forthcoming budget session. The white paper, however, is unlikely to disclose any names of individuals or entities, despite the opposition’s demand to make public the names of those who are found have to stashed money in banks in overseas tax havens, sources told HT. The finance...

Muslims, SCs, STs reflect better social indices, closer to national averages Early in the morning, Mohammad Nadeem, a 25-year-old ‘pakka adati’, big wholesaler, at one of Muzaffarnagar’s fruit and vegetable mandis, briskly sets about selling carrots and oranges. As he expertly sifts through sacks of fresh produce, it’s difficult to picture him hawking peanuts by the roadside. But for five years in this bustling western Uttar Pradesh mandi, Nadeem’s store...

What is our national aim? To my mind, our national aim must be to make India a highly prosperous country for its citizens, and for that it is necessary to have a high degree of industrialization.  Even setting up and running a single primary school requires a lot of money, e.g. for buying land, erecting the school building and providing for the recurrent expenditure for salaries of teachers, staff, etc. We...