-The Indian Express   Yes, NGOs unaware of energy needs are blocking Koodankulam. But what are UPA’s plans? The Fukushima Daiichi power plant, an instant stick to beat the nuclear industry with, hosted first-generation nuclear reactors about to be decommissioned after 40 years of service when last year’s disaster struck. Since then, Fukushima has become a slogan for all those against the idea of nuclear power, feeding fears and building myths. It’s this...

Muhammad Yunus, the economist who founded Bangladesh’s Grameen Bank, visited Mumbai recently where he spoke to India Ink about his vision of “social businesses,” his forced departure from Grameen and the recent controversies that have dogged micro-finance in India and elsewhere. An edited, condensed version of the interview follows: Q. The microfinance industry has gone through an existential crisis in the last few years. Why did the industry fall from grace? A. See,...

Food price inflation, and inflation in general, has become less of an issue. But it isn’t an issue that will go away. Give it till June and inflation is likely to inch up again. Competition is a good antidote against price increases. It ensures efficiency and reduces price volatility. Logically, food price inflation should trigger and stimulate agricultural reform, so there is competition and supply-side changes can occur. But in...

-PTI The country plans to have a nuclear power generation capacity of 63,000 MW in the next 20 years as atomic power is advantageous in terms of transportation and storage, Power Minister Sushilkumar Shinde said today. "India plans to have a total installed nuclear capacity of 63,000 MWe (megawatt electric) by the year 2032 both by indigenous technology and the imported reactors as additionalities," he said while addressing a seminar at India...

Dr Abhijit Sen is Member, Planning Commission of India. He is a Ph.D. in Economics from the University of Cambridge (currently on leave as Professor of Economics at the Jawaharlal Nehru University) and has also taught at the Universities of Sussex, Oxford and Cambridge. Besides serving various think tanks in the states and at the centre, Dr Sen has been a consultant with UNDP, ILO, FAO and various other multilateral...