The philosophy of self-aggrandisement defies social logic. Seven leading banks in the United States of America had last year incurred an aggregate loss of $82 billion; the chief executive officers of these banks nonetheless claimed and collected annual bonus to the extent of $38 billion. The economy might lie in ruins; that did not distract sharks from zooming in on their prey. Our corporate sector has shaped itself in the...

* Secondary education is critical in breaking the intergenerational cycle of poverty. * The number of secondary school students is expected to increase from 40 to 60 million over the next decade. * India needs to prepare now for this expansion and improve the quality of secondary education provided. In today’s global knowledge economy, education plays a vital role in determining a country’s economic growth and its people’s standards of living. Importantly,...

Four disturbing trends that need tackling are food adulteration, drug counterfeiting, environmental degradation and corruption The strong and sustained growth of the Indian economy over the last 17-18 years has delivered many very creditable outcomes for its people at large. While a lot more needs to be done on a sustained basis for many more decades if the growth has to be truly inclusive for all Indians, this should not...

The Indo-Asean FTA provides an opportunity to be more engaged with the region This is an important week for Prime Minister Manmohan Singh. Over the weekend, at the Fourth East Asia Summit in Thailand, he will witness the final fruition of the second most important foreign policy initiative he took during his first term in office — the India-Asean Free Trade Agreement. This should ensure he will be in better...

Fishermen have abandoned lakes in the area after seawater raised alkaline levels in the wake of Alia Kultali, West Bengal: For the past 30 years, Atal Naskar has been making enough money from his three-acre fishing lake to feed a family of 10. But three months ago, this 50-year old fisherman fled his home in Kultali in West Bengal’s Sunderbans delta, hounded by moneylenders because he couldn’t repay a loan...