Kaushik Basu, the current Chief Economic Adviser to the Ministry of Finance, had a 15-year-long stint as Professor of Economics at Cornell University. The Padma Bhushan awardee has been working closely with the Finance Ministry and the Prime Minister to chart the country’s future growth path. He spoke to MANAV CHOPRA about the need for better monitoring to ensure growth doesn’t happen at the expense of social justice. Excerpts: A common...

The Right of Children to Free and Compulsory Education Act (RTE Act) will be notified on April 1. The Act attempts to address the historical problem of continuing illiteracy as well as the lack of educational opportunities that persist for sections of our population even sixty years after adoption of the Indian constitution. The socio-political, legal and financial aspects of the Act have been much debated and its final form...

The United Nations World Health Organization (WHO) today issued new guidelines for malaria treatment, marking the first time the agency has released guidance on procuring safe and effective medicines to treat the disease. The agency warned that if not used properly, artemisinin-based combination therapy, known as ACTs, which have transformed treatment in recent years, could become ineffective. “The world now has the means to rapidly diagnose malaria and treat it...

Government policy towards school education is schizophrenic. While on the one hand, it is working on rules to set up, to begin with, 2,500 public private partnership schools as a means to see how it can increase private sector involvement in providing education to the underprivileged (economically or socially) in a bigger way; on the other, it is all set to virtually nationalise elementary education in the country through the...

Many of our politicians would still rather ignore the informal sector and the women who form its backbone. They do so at our peril. India is undergoing enormous change. In a very short time, many Indians have become much richer, and our country is now often described as a “world player” economically and politically. Despite this transformation, our rich history, culture and traditions rightly remain important. Indeed, our success rests...