-The Business Standard   The Indian economy certainly has problems. But compared to the rest of the world, we will take ours any day Over the past couple of years, and particularly the past few months, we have become convinced that economists, the intelligentsia, fund managers, foreign brokers, don't read global macroeconomic news. All of the above have castigated the United Progressive Alliance (UPA) government for having ruined the economy, causing a massive growth...

A new report on India's housing sector confirms with facts and figures what has been suspected all along: that despite growing demand for affordable housing, supply side responses have been weak and sluggish. This means even though the housing sector can directly impact employment and income generation, and has multiple forward and backward linkages with various industries, it needs innovative ideas, pro-poor thinking and policy stimulus. (See link below for...

-The Indian Express On the surface, the sugar crisis in Uttar Pradesh may seem to be inching closer to a resolution. But cane farmers may have unwittingly mortgaged their land, signing up for crop loans from public sector banks, with the money so raised being used by the mills to pay arrears of a different set of farmers. This model, of mills rotating working capital loans from banks, to deliver pending payouts...

-The Hindu Even if labourers wish to clear the loan, their employers won't accept it Hassan (Karnataka): Even as the issue of bonded labour in Ragimaroor village in Arkalgud taluk is fresh in public memory, it has come to light that 27 people are allegedly being forced to work as bonded labourers at a quarry in Malladevarapura village in Hassan taluk. The labourers chip away rocks from dawn to dusk for a paltry...

-The Times of India NEW DELHI: Drive to any Indian city. Chances are you will wade into chaotic traffic and roads full of potholes. You'll see choked drains, overflowing and smelly bins and streetlights that don't work. The reason for the mess isn't difficult to unravel. Most of our municipal bodies are cash strapped, unable to take care of the city's needs. The workforce is poor. Given the indifferent reputation of urban...