The budget session of the Parliament began with President Pratibha Patil’s address. All indications point to a normal functioning of this session, unlike the wasted winter session.  This is because the UPA 2 government has agreed to constitute a Joint Parliamentary Committee (JPC) to look into the 2G spectrum allocation scam. If the government were to have done this in the winter session itself, then precious time and resources would...

Investing around $1.3 trillion – or two per cent of global gross domestic product (GDP) – into ten key sectors can kick-start a transition towards a low-carbon, resource-efficient 'green economy' that can also help reduce poverty, says a new United Nations report launched today. The UN Environment Programme (UNEP) presented the report, “Towards a Green Economy: Pathways to Sustainable Development and Poverty Eradication,” to environment ministers from over 100 countries at...

Outcome of the Kolkata Group Workshop held on February 18 and 19, 2011 At the ninth Kolkata Group workshop, chaired by Professor Amartya Sen, 45 participants from different walks of life, including social scientists, policy makers and development experts, convened to assess the dimensions of social equity in India, especially as related to poverty, elementary education, and health. The participants assessed that the benefits of economic growth over the past two decades,...

With 80 per cent of the world’s people lacking adequate social protection and global inequalities growing, top United Nations officials are calling for a new era of social justice that offers basic services, decently paid jobs, and safeguards for the poor, vulnerable and marginalized. “Social justice is more than an ethical imperative; it is a foundation for national stability and global prosperity,” Secretary-General Ban Ki-moon said in a message ahead of...

I was awakened early one morning recently by someone who said he was enormously enjoying my on-going debate on economic growth in India. I was very pleased that I had given someone some joy, but I also wondered what on earth he could be talking about, since I have not been involved in any such debate. As it happens, I am getting a steady stream of telephone calls and electronic...