As an Indian, and one who has held high ministerial office, it is only right that I begin by portraying the reality of my own country before drawing comparisons with my South Asian neighbours. The World Food Programme tells us that half the world’s hungry live in India. Which is the more significant reality: Our being the second-fastest growing economy in the world, or that, notwithstanding that extraordinarily high growth...
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Total Matching Records found : 150
India 134th out of 182 countries by Vidya Subrahmaniam
India ranks 134th out of 182 countries, the same as in 2006, in the 2009 Human Development Report released on Monday. China registers the largest gain in rank, moving up seven places to finish at 92. The United States dropped one place to end at 13. The HDR ranks countries on the Human Development Index (HDI), measuring their progress on three key indicators — education, life expectancy and income measured by...
More »Measuring progress by Jayati Ghosh
A commission set up to look into alternative ways of measuring economic and social progress has added to the existing debate but not made any real advances. FOR some time now it has been clear that standard measurements of growth and development are inadequate and possibly even misleading. The problem of looking at only the aggregate gross domestic product (GDP) has been widely noted: its blindness to distributional issues and...
More »Sad demise of YSR a blow to rural development
The tragic demise of Andhra Pradesh Chief Minister Y S Rajasekhara Reddy is a blow to the rights approach to development in India. YSR, as the medical doctor-turned-CM was popularly known, was a pioneer of at least one hundred path breaking rural schemes such as the NREGS and old age pensions that were offered to the poor not as dole but as a matter of right. For records, the first...
More »Key Facts
Output and Growth According to the [inside]Economic Survey 2017-18, Volume-2[/inside] (please click here to access): • The growth rates of agriculture & allied sectors have been fluctuating at 1.5 per cent in 2012-13, 5.6 per cent in 2013-14, (-) 0.2 per cent in 2014-15, 0.7 per cent in 2015-16 and 4.9 per cent in 2016-17. • The Gross Capital Formation (GCF) in Agriculture and Allied Sectors relative to Gross Value Added (GVA) in...
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