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Growth in the Time of UPA: Myths and Reality -Maitreesh Ghatak, Parikshit Ghosh, and Ashok Kotwal

-Economic and Political Weekly This article challenges the prevailing view that the diminished electoral prospects of the United Progressive Alliance government is the result of neglecting growth to launch populist welfare schemes. It looks at a wide range of economic indicators to argue that compared to the National Democratic Alliance regime, the UPA period has been characterised by faster growth, higher savings and investment, growing foreign trade and capital infl ows,...

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11 million homes vacant against shortage upto 25 million units

-PTI Amid housing shortage of up to 25 million units in the country, Urban Development Secretary Sudhir Krishna on Friday said there are 11 million homes that are vacant as per the latest census figure and out of that 10 per cent lies in the national capital region. Addressing a real estate conference organised by the RICS, a global body to set standards for realty sector, Mr. Krishna said the Centre is...

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The bane of unprofessional warehouses-Dilip Kumar Jha

-The Business Standard There is an urgent need to develop a strong warehousing system equipped with modern and scientific storage facilities Mumbai: Around 30% of India's foodgrains harvest gets wasted because it is unprofessionally managed in the warehouse, a joint study conducted by The Associated Chambersof Commerce and Industry of India (Assocham) and Yes Bank, said.Owing to extreme dearthof about 35 million tonnes (MT) warehousing capacity together with massive foodgrain storage shortfall...

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World not ready for climate change -Brian Clark Howard

-Deccan Herald The world is not ready for climate change, which poses a number of serious risks, says the planet's leading body of climate scientists. The Intergovernmental Panel on Climate Change (IPCC) at its conference in Yokohama, Japan recently released a major report on the impact of climate change, with the goal of spurring world leaders to act more decisively to reduce greenhouse gas emissions. The report warns of serious impacts...

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Crony capitalism or plain corruption?-Arvind Virmani

-The Hindu   Ideological labels are likely to mislead by channelling the debate into issues of capitalism and socialism and detract from the real problem George Santayana said: "Those who cannot remember the past are condemned to repeat it." Having forgotten the license-permit-quota-raj that enveloped us from 1950 to 1980 and its ‘crony socialism,' many intellectuals, mediapersons and politicians have now discovered ‘crony capitalism.' The license raj consisted of stifling controls imposed on...

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