If a country’s national income is rising, someone in the country must be getting richer. Unless income distribution is changing, all income classes must get richer at about the same pace. If a constant standard of living is defined to classify everyone below it as poor, then as incomes rise, the proportion of the poor so defined must shrink, eventually to zero. If income grows 5 per cent a year...

Energy security is a major objective of all countries. Some are proactive and aggressive in this pursuit, like China; others like India are slow and procrastinate on major decisions and allow hope to overtake realistic assessments. This makes energy security in the foreseeable future an uncertain goal for India. Any discussion of energy security must keep in mind the Indian realities. Although in overall terms of commercial energy use to...

The ongoing floods in Andhra Pradesh, Karnataka and Maharasthra have pushed millions of rural folks below the poverty line. The tragedy which is far from over has exposed the anomalies in the system of categorization of BPL families as proposed in the concept note of the Food Security Act. More than 200 people have died and over 2.5 million rendered homeless in AP and Karnataka alone. Almost all farmers in...

Displacement has become a leading source of discontent and impoverishment in India and many other developing countries. In the case of some vulnerable groups like tribals, it is perhaps the leading source of poverty and discontent resulting in widespread violence in several places. Thus policies which promote large-scale displacement not only increase poverty, these are also a threat to peace and democracy. Unfortunately it has been taken for granted by many...

The spectre of inflation has returned to haunt India. It is not even six months since the United Progressive Alliance (UPA) government returned to power but its inability to control food prices is arguably its single biggest failure till now. The inflation rate will eventually come down sometime in the (hopefully) not-too-distant future and the government will surely take credit for bringing prices down as and when that happens. But...