An unprecedented economic growth during the last decade has also seen increasing malnutrition, hunger and starvation amongst certain sections of society. India ranks 66 in the Food and Agriculture Organisation’s (FAO’s) World Hunger Index of 88 countries (Inter-national Food Policy Research Institute). More than 200 million people in this country are denied the right to food. One-third of all underweight children (57 million) in the world due to lack of...

Recent events in south Asia have led to an unexpected reversal in the narrative of microfinance, long presented as a development success. Despite charges of poor treatment of clients, exaggeration of the impact on the poorest as well as the risks of credit bubbles, the sector can play a non-negligible role in reaching financial services to low-income households. In regulating the sector, there is need for caution in setting interest...

The anti-corruption movement has enabled the Indian middle class to feel smug about itself. Its members have gone through a vast range of emotions during the last two decades, from self-hatred to self-righteousness. Liberalisation of the economy has created for this class an excitement of many kinds. It has meant the freedom to pursue the quest for wealth without guilt and, at the same time, it has meant feeling set...

-The Telegraph The world is likely to get 10 times hotter in the next 90 years, a report released today by the Intergovernmental Panel on Climate Change has said. The report links the rise in temperatures to the “high greenhouse gas emission scenario” caused by human activity. It says intense drought, heavy precipitation and intensity of tropical cyclones are also likely to increase. Titled “Special Report on managing the risks of extreme events...

How do you quantify happiness in a diverse nation like ours? Growth levels, value-based structural changes, what can affect it? Life is Elsewhere?     Bhutan’s GNH: Based on the Buddhist doctrine of harmony with environment and fellow beings besides material comfort     UNDP Human Development Report: Ranks nations on quality of life—adjusted real income, life expectancy, education etc     World Values Survey: Started in 1995, it explores impact of social and political changes...