Policy reforms required to bring about better convergence of schemes Streamlining of environment clearance for infrastructure projects suggested Higher farm sector share in economic development needed The Economic Survey 2010-11 has advised the government to carry out nearly a dozen reforms pertaining to various sectors of the economy and stressed that action in this regard would be necessary to achieve the 9 per cent GDP (gross domestic product) expansion projected for 2011-12 and...

Cash transfers, the latest global development fashion, involve several risks in India, not least the risk of forgetting the need for continuing structural change. WHEN I was growing up, several decades ago, middle-class society in India was always a little delayed in catching on to Western fashions whether in music or dress or in other aspects. The past decades of globalisation seemed to have changed all that. Modern communications technology...

An estimated 75 per cent of the world’s coral reefs are threatened by local human activity, including over-fishing, coastal development and pollution, and global pressures such as climate change, warming seas and rising ocean acidification, according to a United Nations-backed report unveiled today. “Reefs at Risk Revisited,” launched today in Washington and London, says that if the threats to the reefs are not dealt with, more than 90 per cent of...

With India growing faster than almost every other large economy, the government is right to address its long-run challenges. The push for investment in infrastructure is bearing fruit and the expansion of social programmes such as the National Rural Employment Guarantee Act (NREGA) and the Right to Education Act (RTE) is spreading the benefits of growth across the population. But just as improved infrastructure doesn’t eliminate all traffic jams, rapid growth...

Thanks to the Right to Information Act, 2005, and also the activism of NGOs and of the media, a culture of accountability is growing in the country. That is the good news. However, the media, NGOs and RTI activists can only do so much. They can focus the attention of the public and parliamentarians on egregious scams, but rarely address the systemic flaws that result in leakage of funds. We have...