Kaushik Basu, the current Chief Economic Adviser to the Ministry of Finance, had a 15-year-long stint as Professor of Economics at Cornell University. The Padma Bhushan awardee has been working closely with the Finance Ministry and the Prime Minister to chart the country’s future growth path. He spoke to MANAV CHOPRA about the need for better monitoring to ensure growth doesn’t happen at the expense of Social Justice. Excerpts: A common...

The right to development is not a right to pollute.  As the debate over India's climate change strategy continues, it is necessary to address some misconceptions about climate equity that are evident in recent pronouncements of the Union Minister for Environment and Forests, Jairam Ramesh, and the writings of his most recent adviser, Dr. Arvind Subramanian. A solution to climate change, even an inequitable solution, has to address our planet's energy...

In what is being hailed as the “first ever honour killing conviction” in Haryana, the Karnal Sessions Court on March 25 held six residents of Karora village guilty of a gruesome double murder. The sentencing will take place tomorrow. In April 2007, Manoj, 24, and Babli, 18, had drawn the ire of Karora’s khap panchayat for eloping to Chandigarh and getting married. They belonged to the same gotra, Berwal, and...

The proposed Food Security Bill should adopt a three-pronged strategy that constitutes a Universal Public Distribution System for all, low-cost foodgrains to the needy, and convergence in the delivery of nutrition safety net programmes.  In his latest budget speech, Finance Minister Pranab Mukherjee announced: “We are now ready with the draft Food Security Bill which will be placed in the public domain very soon.” Although no official draft has been...

Despite tall claims, the NREGA programme is just a dud as most other “in the name of the poor” expenditures - and as much of a dud as predicted by Rajiv Gandhi A decade or so ago, Booker prize winner Arundhati Roy claimed that the building of dams in India had displaced more than 50 million people. This implied that one out of every three rural Indians had had to move...