It was a night out under the stars. These were not city slickers but a group of villagers from Salona. On the way down from Chikhaldhara hill station in Amravati district, the darkness of the cold night is lit by small fires. Groups of people huddle around the flickering flames. Their children lie swaddled in thin bedclothes which cannot keep the chill away. Shivlal Belsare and his wife are finishing off...

Government and regulators need to focus on the systemic risk engendered by excessive compensation. As calendar year 2009 draws to a close, it is bonus season for the financial sector in the West. In the last several months, the need to cap bonuses and compensation packages has been extensively discussed in the context of limiting the future impact of the next financial sector breakdown. On December 9, 2009, the UK was...

It used to be a quip in the 1970s that estimation of poverty in India is stymied by the poverty of estimation. The other joke was that far too many economists and statisticians had prospered trying to estimate poverty! So, we have yet another estimate of poverty in India. Rural poverty numbers for 2004-05 are up from the earlier estimate of 28.3 per cent to 41.8 per cent — with...

For a country looking to reap its demographic dividend when most other economies would be struggling to cope with ageing populations, the health of India’s under-five population should be a huge concern. Almost half (48%) of children under the age of five are stunted, or too short for their age, and 43% are underweight, according to the National Family Health Survey of 2005-06 (NFHS-3). The primary cause, finds the survey,...

  A new report by Save the Children, a global child rights organization, says that climate change is the biggest global health threat to children in the 21st century. Titled Feeling the Heat: Child Survival in a Changing Climate (2009), published in advance of the UN Climate Change Conference in Copenhagen in December 2009, the report examines the vulnerabilities regarding climate change and identifies the adaptation measures that can be taken...