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IMF forecasts 4.5% growth for India; to lose second fastest-growing economy tag

-The Economic Times India looks all set to cede the moniker of the world's second fastest growing major economy for 2012, a fall from glory for a country that was spoken in the same breath as China for much of the previous decade and even nursed ambitions of upstaging its larger neighbour. The latest global economic growth forecasts from the International Monetary Fund (IMF) have India growing at 4.5% in 2012 (at...

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How To Waive Crores Goodbye -Lola Nayar and Panini Anand

-Outlook UPA’s populist trumpcard of 2008—the farm loan waiver—has fallen short of its intended target, as a CAG audit throws up The Scheme     2008 Union finance minister P. Chidambaram announces farmer debt waiver and relief scheme in budget; PM Manmohan Singh writes to beneficiaries “seeking their support”     Rs 52,275 cr Total money that was disbursed to eligible farmers across the nation as part of loan waiver scheme     Rs 50,000 The loan...

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No More Juice To Squeeze-Panini Anand

-Outlook Hapur: Its benefit to farmers was well touted. The reality of the loan waiver is less creditable. In the early hours of a foggy morning in the sugarcane belt of western Uttar Pradesh, produce-laden bullock carts move about in Rasoolpur village, Hapur district, about 50 km from Delhi. As good a spot as any to gauge the impact of the ambitious loan waiver scheme for farmers announced by the UPA-I...

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Mumbai monolith epitomises need for post-2015 agenda to tackle inequality-Kevin Watkins

-The Guardian Inequity such as that symbolised by Antilla, the world's richest home, thwarts poverty reduction – and policymakers must act If you want a glimpse across the yawning chasm that separates the world's super rich from the ultra poor, there's no better place than Mumbai's Altamount Road. Look up and you'll see Antilla, the world's most expensive home. With spectacular ocean views, swimming and gym facilities, and no fewer than three helipads,...

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Against street justice -Minna Kabir

-The Indian Express It is very difficult to try and be a rational voice in the cacophony of cries for revenge and retribution on the alleged perpetrators of the ghastly crime that was committed on the night of December 16. I am equally ashamed, outraged and shocked that an incident like this could take place in the heart of India, which gave birth to a Mahatma Gandhi, a Gautam Buddha, a...

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