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...

The time has come for optimal pricing of water and power to prevent an unlimited pumping of groundwater and aid better coordination amongst competing demands for the scarce resource, Prime Minister Manmohan Singh said here on Tuesday. Dr. Singh's observations come at a time when there is a debate on the pricing of water and privatisation of services in the sector. The Ministry of Water Resources is working on a reforms-oriented...

-Economic and Political Weekly India’s fast food products must be subject to mandatory labelling. The role of fast or “junk” food with its concentration of fats, sugar and salt in the rapid multiplication of non-communicable lifestyle diseases has been the subject of countless studies over the past few decades, especially in the west. (A classic book from the United States with a title that says it all is Fast Food Nation.) Now, the...

The northern region of Gujarat State in western India is semi-arid and prone to droughts, receiving almost all of its rain during the monsoon season between June and September. But for the past three decades, many crop and dairy farms have remained green—even during the dry season. That's because farmers have invested in wells and pumps, using massive amounts of electricity to extract water from deep aquifers. The government has artificially propped...

The professional divide on Tendulkar's estimation goes a long way back A committee is being set up to devise yet another methodology to estimate poverty in India. The step has led to some unhappiness among economists and experts that it amounts to junking the services and competence of an expert like the late Suresh Tendulkar, whose study is sought to be replaced. Under pressure from all sides over its estimate of people...