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Revenge of the middle class by Santosh Desai

The key to Anna's appeal lies in his status as a detached, almost bewildered outsider in the world of FDI inflows, stock indices and GDP Growth numbers. If two years ago, someone had predicted that the next popular leader who would catch the imagination of the middle class and become the spearhead of an unlikely protest movement spanning a large part of urban India would be a 73-year-old largely unknown man,...

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Deconstructing The NAC by Ruchi Gupta

The past couple of months have seen a renewed attack on the National Advisory Council (NAC). The NAC has been decried as an unconstitutional, undemocratic, “super-cabinet” where unaccountable “jholawalas” hatch harebrained schemes guaranteed to run the government aground. Another line of criticism has focused on the process of the formation of the NAC, its space within the Indian Constitution, and its capacity to influence policy. The two criticisms merge with...

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ADB warns of bumpy road into 'Asian century'

-AFP   Asia could be as wealthy as Europe by mid-century, but only if it tackles key challenges from inequality and corruption to climate change, an Asian Development Bank study said Tuesday. On current trends, Asia will make up half the world's economic output by 2050, and another three billion people will have joined the ranks of the affluent, their incomes matching those of Europe today, said the report. But the ADB study...

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This Decade for Agriculture by Ashok Gulati

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...

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India must be aware of the dangers posed by jobless growth by Jayati Ghosh

Employment data indicates that India's recent growth has been largely jobless, the government must adjust its policies and promote job creation. Every five years, India's statistical system releases the results of a large scale sample survey that generates comprehensive data about consumer expenditure, employment conditions and much else. The results of the most recent survey conducted from July 2009 to June 2010 have just been released, and they have created shock...

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