-AFP   Asia could be as wealthy as Europe by mid-century, but only if it tackles key challenges from inequality and corruption to climate change, an Asian Development Bank study said Tuesday. On current trends, Asia will make up half the world's economic output by 2050, and another three billion people will have joined the ranks of the affluent, their incomes matching those of Europe today, said the report. But the ADB study...

If Rajiv Gandhi were alive, he would have been delighted to see his view on leakages confirmed by a research study on the public distribution system [How Can Food Subsidies Work Better? Answers from India and the Philippines by Shikha Jha and Bharat Ramaswami (http://www.adb.org/documents/working-papers/2010/economics-wp221.pdf)]. The ADB study showed that the deserving poor in India received only 10 per cent of the benefits from the system. Nearly twice accrues to...

After sliding a mile backward into a morass, Karnataka'smining sector has just been shoved a metre forward. Since it has taken an almighty effort by the judiciary and a quasi-judicial body, the Lokayukta, to accomplish even this much, what hope is there for a sector that is vital for Karnataka's and India'sindustrial development?? Will the sector - represented by mining firms, traders, transporters, government agencies - slide back deep into...

-The Business Standard   Food security cannot be ensured by FCI and the existing PDS Successive drafts of the food security Bill seem to agree on one thing: a greater role for the Food Corporation of India (FCI). FCI buys grains at the minimum support price and distributes them through fair price shops and other food-related schemes like midday meals in schools and children’s nutrition as part of the Integrated Child Development Services....

Pontius Pilate asked Christ, "What is truth?" and did not wait for an answer. In contrast 'what is civil society?' has provoked innumerable answers, descriptions and definitions. It is suffice to say that the term includes a large chunk of social groups outside the State and the group is much bigger than the small spectrum the media is focusing on. Much of India's law-making process has been outside the scrutiny of...