I was awakened early one morning recently by someone who said he was enormously enjoying my on-going debate on economic growth in India. I was very pleased that I had given someone some joy, but I also wondered what on earth he could be talking about, since I have not been involved in any such debate. As it happens, I am getting a steady stream of telephone calls and electronic...

The rapid growth of global markets has not seen the parallel development of social and economic institutions to ensure balanced, inclusive and sustainable growth. Although we may not have yet reached “the end of history,” globalisation has brought us closer to “the end of geography” as we have known it. The compression of time and space triggered by the Third Industrial Revolution —roughly, since 1980 — has changed our interactions with...

Between the technical rigour and finality of CAG audit and people's airing of grievances, a new audit system that subscribes to, and strengthens, open government may be waiting to be born. The new system is envisaged as one where the CAG’s formal audit includes the relatively new concept of community-led social audit . The Mahatma Gandhi National Rural Guarantee Act, 2005 (MGNREGA) presents an opportunity to do this. Traditionally, auditing is a...

KEY TRENDS   • According to NSS 76th Round, the major source of drinking water of the household was hand pump in the rural areas and piped water into dwelling in the urban areas. About 42.9 percent of the households in the rural areas used hand pump as the principal source of drinking water and about 40.9 percent of the households in the urban areas used piped water into dwelling as the principal...