The pointlessness of the debate over Indian measures of poverty becomes clear when we look at the country’s human development record. If per capita real incomes have risen so well during the last two decades since reforms were introduced, surely that should mean better lives for most Indians. Forget about catching up with China, there is increasing evidence of India falling behind Bangladesh in terms of key human development indicators...

-The Economist   The world’s population will reach 7 billion at the end of October. Don’t panic IN 1950 the whole population of the earth—2.5 billion—could have squeezed, shoulder to shoulder, onto the Isle of Wight, a 381-square-kilometre rock off southern England. By 1968 John Brunner, a British novelist, observed that the earth’s people—by then 3.5 billion—would have required the Isle of Man, 572 square kilometres in the Irish Sea, for its standing...

It was once a sleepy hamlet with rolling stretches of barren land, little agricultural activity and hardly any economy to boast of. But the nuclear power project transformed Kudankulam drastically. There was a minor real estate boom, income levels rose and lifestyles changed. Today, in the place of a small vegetable shop is a market place selling a wide variety of vegetables. All that is set to be reversed.  The anti-nuclear...

Today is the ''International Day for the Eradication of Poverty'', so it an appropriate day to note how necessary it still is to emphasise this concern among Indian policy makers. Sadly, lack of official awareness is evident in all sorts of recent policy measures, for example in the cynicism of increasing oil prices that feed into all other prices with cascading effects, even when inflation has already imposed huge burdens on...

-The Economic Times   If food inflation seems to be pinching more, it is because vegetable prices barely decline in winters, milk rises through the year and egg prices remain high in summers - all because of rising demand.  Over the years, the seasonal variation in prices has dropped and consumers do not have the option of shifting to cheaper produce to keep daily costs down, says a recent Reserve Bank of India...