Corruption, No. 1 national security threat, is eating into the vitals of the state, enfeebling internal security and crimping foreign policy. India confronts several pressing national security threats. But only one of them — political corruption — poses an existential threat to the state, which in reality has degenerated into a republic of mega-scandals. The pervasive misuse of public office for private gain is an evil, eating into the vitals...
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India maintains high growth rate
India's economy grew faster than expected in the second quarter of its financial year, figures show. In the three months to September, gross domestic product (GDP) was up 8.9% from the same period last year. However, inflation remains a real concern for authorities with new figures showing prices rising by 9.7% in October. Although only the world's 11th biggest economy, India is the second fastest-growing major economy, behind China. Strong farm production, increased vehicle...
More »Farm sector grows 3.8% in H1, 2010-11
India's agriculture and allied sector grew by 3.8 per cent in the first six months of the current fiscal, against one per cent in the year-ago period on the back of better Kharif crop output. According to the GDP data released by the Central Statistical Organisation (CSO) today, the country's farm sector grew by 2.5 per cent and 4.4 per cent each in the first two quarters of the current fiscal,...
More »Strong agri output to support GDP growth by Surojit Gupta
The country’s economic growth is expected to remain strong despite sluggishness in the manufacturing sector as a rebound in agricultural output is expected to support overall growth. Growth in the key farm sector, which accounts for nearly 17% of the nation’s GDP, has been a concern for policymakers for the past few quarters. But, healthy monsoon has raised expectations of strong farm output during July-September 2010. In addition, the arrival of...
More »Ashish Bose, Demographer interviewed by Shobhan Saxena
In 1985, Ashish Bose coined the term BIMARU while preparing a report on national population growth rate for Prime Minister Rajiv Gandhi. At the time, he was a professor at Delhi's Institute of Economic Growth. Ever since, BIMARU has been used to describe the four northern states that are seen as symptomatic of what's wrong with India.Shobhan Saxena asks Bose, 80, if Bihar is proof that BIMARU is history. Bihar...
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