Statistics can abet illusions, unless properly understood and used. The debates on poverty line and budget deficits reflect a lack of understanding of the meaning and purpose of these measures. India has been recently witness to furious debates on measures of poverty and budget deficits. Any measure can be used only for the purpose it is designed for. The debates in the present cases were furious, because preconceptions and emotions were...

Idinthakarai: The agitation against the Koodankulam nuclear plant has lost its intensity and sense of direction following the withdrawal of an indefinite fast, a move forced on the protesters after the Tamil Nadu government withdrew its tacit support to them.   The indefinite fast at Idinthakarai had seen mass participation but on Monday, when a relay hunger strike begins, it will involve only a few dozen people. The protesters are as frustrated...

-The Business Standard   Learning from the jatropha mistake The tropical shrub jatropha curcas, touted a decade ago as a commercially feasible source of biofuel to alleviate the global energy crisis, seems to have let its proponents down quite comprehensively. Millions of hectares of land in the arid areas of India and in many other Asian and African countries were turned into jatropha plantations in the expectation that the oil derived from its...

-PTI A day after home minister P Chidambram said there was "some ulterior motive" behind continued protest against Kudankulam nuclear plant despite government assurance, convener of People's Movement Against Nuclear Energy SP Udayakumar said the protesters were "ready" for talks. "We are ready for talks. If we are considered people of this country and if our ahimsa protest is respected, government should talk to us. They should treat us like Indian...

The government plans to cut its subsidy bill to under 2% of the gross domestic product (GDP) in 2012-13, finance minister Pranab Mukherjee said in his budget speech on Friday. High crude oil prices and burgeoning fertilizer subsidies, primarily on account of imported non-urea fertilizers, have meant India’s subsidy bill has zoomed to Rs2.16 trillion, or 2.5% of the GDP. Mukherjee has set an ambitious target to reduce this to under 1.75%...