Planning Commission Member, Professor Abhijit Sen, has observed that bad management of food grains and a high economic growth rate, particularly in the non-agricultural sectors, had led to spiralling prices of food grains. Prof. Sen was delivering the Prof. L S. Venkataramanan Memorial Lecture on ‘Inclusive Growth', at the Institute for Social and Economic Change, here on Thursday. Prof. Sen said the economic growth rate of 9 per cent led to increased...

The growth rate of agriculture was three per cent and that of Manufacturing was 4.5 per cent during the first three decades after independence. The growth rate for agriculture has slipped to 2.8 per cent while that for Manufacturing has increased to 6.4 per cent during the last 15 years. Farmers continue to commit suicides across the country. The groundwater level is declining. The country has to import wheat, edible...

For decades the sprawling state of Bihar, flat and scorching as a griddle, was something between a punch line and a cautionary tale, the exact opposite of the high-tech, rapidly growing, rising global power India has sought to become. Criminals could count on the police for protection, not prosecution. Highwaymen ruled the shredded roads and kidnapping was one of the state’s most profitable businesses. Violence raged between Muslims and Hindus, between...

The watchword of India’s decennial population census for 2011 is “Our Census, Our Future”. By focusing on the future the managers of Census 2011 have wisely tried to steer away from the past in enumerating the present. Demographers and social scientists will understandably use the data to analyse changes in the economy and society since the last census of 2001. But Census 2011 is more about the future than the...

Democracy and free market have fused into single predatory organism: Arundhati Roy  MoUs with transnational firms resulted in tribals moving out of their lands: Arundhati Roy The problem of market externality poses systemic risks: Chomsky “What happens, now that democracy and the free market have fused into a single predatory organism with a thin constricted imagination that revolves almost entirely around the idea of maximising profit,” asked author Arundhati Roy at a...