July is a month when we need to remind ourselves how reforms have changed India since 1991, from vulnerability to resilience, whether to external shocks (say, oil) or internal ones (droughts). In 2009, we witnessed the worst drought since 1972, yet the agricultural growth rate stayed positive (0.4%), nor did we resort to any major cereal imports. And in 2010-11, we are likely to have a record harvest of 241 million...

A host of steel-Manufacturing units are keen to set up plants in Karnataka, and all want captive mines. SOUTH KOREA'S Posco is not the only steel-maker keen to do business in Karnataka. The State's estimated 9,000 million tonnes of good-quality iron ore reserves, which is the second largest in India, the State government's assurances on a smooth land acquisition process, the availability of water and the promise of speedy regulatory clearances...

Casual work, self-employment still rule Q&A Why are fewer women working? Education schemes and higher wages of men are keeping them home for longer. Why is casual work growing? The biggest employment scheme, NREGA, employs casual workers. Why is self-employment down? The least-paying jobs in the self-employment sector are worse than NREGA entitlements. *** The latest official figures on employment say this: a typical Indian worker is male, starts working in his mid-20s, is presumably better educated than...

Retirement at 60 means a relaxed life for most people. Not so for 70-year-old P Mukundan, managing director of Servals Automation Pvt Ltd, though. He did retire from his busy business life at 60 but chose to become a social entrepreneur after that. He started a social enterprise that is 'for-profit' but that touches the lives of those who live in rural areas all over the world. In 2002, Mukundan started Manufacturing...

-The Business Standard   A young entrepreneur with an engineering degree from India’s premier engineering school and a postgraduate degree from the US’s finest technical school develops an innovative service aimed at ameliorating the energy utility situation in rural India. In 1995, he co-founds SELCO India, which provides customised energy solutions based on each household’s requirements. It facilitates low-income rural households to secure financing help from local financial institutions. Read how...