Punjab Chief Minister Parkash Singh Badal today said the decision on free power to the farm sector will be discussed in the cabinet but rejected the Planning Commission's contention that it was responsible for the alarming depletion of groundwater in the state. "The farmers of Punjab have been using ground water for the crops and the state has helped whole country to overcome food crises many times," Badal said, reacting to...

The India growth story is enviable. Despite plaguing problems, India has emerged stronger and resilient to the global crisis so far. India is expected to be the world's fastest growing economy by 2018, according to Economist Intelligence Unit (EIU), the research arm of the Economist magazine. India, the second largest growing economy will overtake China as the fastest growing major economy with an average of eight per cent in the...

"It is wrong to say that we will become a super cabinet. We are here to get the Indian bureaucracy to see reason to carry forward social projects related to areas like health, food, agriculture speedily and make sure that people like (Planning Commission deputy chairman) Montek Singh Ahluwalia gets the correct picture and figures on social issues," a member of the National Advisory Council told rediff.com. The member argued...

Many governments in the developing world lack the will to eradicate child labour, says the third ILO global report on the deplorable practice. The effects of the present global economic and financial crisis, rather than its causes, have been the central preoccupation of organisations such as the International Labour Organisation in recent times. The ILO, in particular, has focussed on the impact of the crisis on populations within the least...

The revised estimates of national income by the Central Statistical Organisation for 2009-10 present a generally positive picture of the economy. During the year, the economy grew by 7.4 per cent, marginally higher than the 7.2 per cent projected in February's advance estimates. A better-than-expected 8.6 per cent growth during the fourth quarter is the main reason. Industry has been a star performer. The strong performance of the crucial segments...