Last year may have been a cruel year for much of the country with slow growth and double-digit food inflation, but India's high net worth individuals (HNWIs) prospered — just over 120,000 in number, or 0.01% of the population, their combined worth is close to one-third of India's Gross National Income (GNI). HNWIs, in this context, are defined as those having investable assets of $1 million or more, excluding primary...

While India’s new Right to Education Act seeks to bring free and compulsory education for all children, it seems to short-change them through an unrealistic vision of the private sector’s involvement. In August 2009, the Right to Education Act was passed in the Indian Parliament with no debate, by the fewer than 60 members who happened to be attending the session that day. Not that the Act was an open-and-shut...

Development models that focus attention on the poor while expanding job opportunities, increased government spending on social services and aid flows from affluent nations are all successful strategies for alleviating global poverty, the United Nations says. Access to low carbon energy and mobilizing domestic capital by, for example, improving tax collection, are the other factors the UN Development Programme (UNDP) identifies in a new report as crucial factors for the...

On Tuesday, readers awoke to the Capital’s night of horror. A young girl, Asha, and her lover, Yogesh, were tortured to death by her family members inside her home, even as neighbours chose to shut out the victims’ screams. Those who tried to intervene were brushed off by family members claiming it was a ‘private matter’. This gruesome crime, committed in the name of ‘family honour’, raises three important questions. First,...

As a schoolboy I spent many of my summer vacations in the searing heat of Sarangarh. In this small town (kasba describes it best) in Chhattisgarh, bordering Orissa, I saw multiple instances of the practice of “untouchability”. Not perhaps in its most heinous form, but visible and clear to a child’s eyes; for example, someone merely touching the water pot made the water immediately undrinkable, impure. This was the late...