The India growth story is enviable. Despite plaguing problems, India has emerged stronger and resilient to the global crisis so far. India is expected to be the world's fastest growing economy by 2018, according to Economist Intelligence Unit (EIU), the research arm of the Economist magazine. India, the second largest growing economy will overtake China as the fastest growing major economy with an average of eight per cent in the...

The revised estimates of national income by the Central Statistical Organisation for 2009-10 present a generally positive picture of the economy. During the year, the economy grew by 7.4 per cent, marginally higher than the 7.2 per cent projected in February's advance estimates. A better-than-expected 8.6 per cent growth during the fourth quarter is the main reason. Industry has been a star performer. The strong performance of the crucial segments...

Population growth seems to have dropped off the public agenda these days. One reason for this is a twist in the old Malthusian argument that sees the rising proportion of persons of working age as a positive for growth. This shift in the age-distribution, it is argued, will stimulate savings as pressure on household and public budgets for the needs of dependent children comes down. Young workers are assumed to...

In order to reduce intra-regional disparity and better targeting of schemes and projects in North Eastern States the Ministry of Development of North East Region (DoNER) has prepared a composite “District Infrastructure Index (DII)” for all the districts of the region. The DII is based on seven broad indicators — transport facilities in terms of road density and road quality, energy, water supply, education, health facilities, communication infrastructure and banking facilities. The...

The Cobalt-60 radiation tragedy at Mayapuri in Delhi has unearthed many skeletons, which some seem to be desperate to hide. There is already a life lost, and maybe others irrevocably damaged, while everyone is busy hurling accusations at each other. This is a typical response. Instead, we need to examine the systemic problems that this incident has indicated. While those who were negligent must be punished, there are many questions...