In India peasantry is under assault. There is a five-pronged attack on this class and the mighty Indian state is sometimes an active and sometimes a passive abettor. The first point of attack is from the corporate sector. The corporate sector is in a land grab mode. Though not justified, one could understand their urge to get land for industry and real estate purposes. Not that they are causing aggressive...

U.N. report says this will consolidate the region's economic recovery  Even in crisis, Asia-Pacific still the fastest-growing region Increased social spending directly supports income security for households A United Nations report has called upon governments in the Asia-Pacific region to increase social spending to consolidate the region's stronger than anticipated economic rebound and to spur over the long term a fairer, more balanced, and sustained economic recovery. The Economic and Social Survey of...

Planning Commission Member, Professor Abhijit Sen, has observed that bad management of food grains and a high economic growth rate, particularly in the non-agricultural sectors, had led to spiralling prices of food grains. Prof. Sen was delivering the Prof. L S. Venkataramanan Memorial Lecture on ‘Inclusive Growth', at the Institute for Social and Economic Change, here on Thursday. Prof. Sen said the economic growth rate of 9 per cent led to increased...

India grapples with endemic backwardness in over 200 districts while some sectors and sections make global headlines. The Centre on Market Solutions to Poverty's report, Creating Vibrant Public-Private-Panchayat Partnerships for Inclusive Growth through Inclusive Governance explores this paradox by looking at the ground-level realities in local governance through the Panchayati Raj, the issues of agricultural productivity and value addition, and the role that the business sector could play in rural...

A good monsoon forecast strengthens prospects for India to cut sugar imports, free up grain exports and buy more gold as rains boost supplies in the world’s leading consumer of most farm commodities. Annual monsoon rains from June to September are key to firing up growth and farm output and limiting inflation in India, which ranks among the world’s top producers and consumers of sugar, wheat, rice and edible oils and...