The economic resolution adopted by the All India Congress Committee at the Burari session is a reiteration of the party’s last two election manifestos. It combines a commitment to rapid economic growth with that to redistributive policies that would help make the growth process socially inclusive. There is a helpful explanation of the three sources of inflation — excess demand, improved prices to farmers and global commodity price inflation —...

IT WAS a windfall five years ago that taught Panchali Satyavva the power of a lie. It happened one Monday afternoon in Someshwar village of Nizamabad district in Andhra Pradesh. It was raining in sheets and she had just placed a bucket under the steady trickle of water from the roof of her hut. Two men were at her door, holding umbrellas and offering her an unsolicited Rs. 5,000. They...

FAO has warned that 2011 may witness a global food crisis. Proactive action is needed to meet the challenge of price volatility, chronic hunger, agrarian despair and climate change. The Food and Agriculture Organisation of the United Nations (FAO) has alerted developing countries about possible steep rises in food prices during 2011, if steps are not taken immediately to increase significantly the production of major food crops. According to FAO, “with...

Sustainable and resilient cities should be focus of urban development An international conference here on Wednesday called for making the Indian cities “resilient” in the backdrop of climate change and taking care of the urban poor. “The urban poor are the most vulnerable to current climate variability such as regular floods and water shortage. Sustainable and resilient cities should be the focus of urban development,” D.B. Raju, executive vice-president (special initiatives),...

In a bid to encourage farmers to part with their land for industrial development, the Gujarat government has formulated a new land acquisition policy to make them partners in the development. Announcing this, Minister of State for Industries Saurabh Patel said the State-owned Gujarat Industrial Development Corporation (GIDC) henceforth would acquire land only with the “consent” of the concerned farmers, pay them at the prevailing market price, and give them a...