Economists often tell the story about the drunk, the coin and the lamp-post. A drunk is searching around a lamp-post for a coin. On being asked where he dropped it, he waves unsteadily in the darkness beyond reach of the lamp-post’s light. Why not look there? Because, he tells you, the light’s over here. The point, for economists, is that our approach to problems is frequently warped by what data...

Madhya Pradesh chief minister Shivraj Singh Chouhan wants it to be the new Singapore. State officials call it Urjanchal, land of Energy. For sociologist Sakarama Somayaji, the enduring image from India’s emerging Energy wonderland in Singrauli is the women who sell baskets of stones on the roadside. Individually or in groups, the women break stones, and sell them to passing trucks for R80-R90 a basket, a day’s labour. The women are...

This has been a longstanding demand of the people in coastal districts Cabinet discusses the harmful effects of endosulfan Kerala was the first State to ban the insecticide The Karnataka government on Thursday banned the use of endosulfan, an insecticide, with immediate effect. This has been a longstanding demand of the people of Dakshina Kannada, Uttara Kannada and Udupi districts, and reports have it that lobby of manufacturers prevented the introduction of such a...

This budget season, Finance Minister Pranab Mukherjee is stuck juggling multiple imperatives. Big social-sector schemes are soaking up money; yes, the economy is rebounding, but growth needs careful watching; the fiscal deficit is widening, feeding inflationary fears; and, as usual, every ministry wants more money. It doesn’t surprise much, therefore, that the finance ministry is looking for ways in which government expenditure can be managed better. One giant hole has...

We’re in the midst of a global food crisis — the second in three years. World food prices hit a record in January, driven by huge increases in the prices of wheat, corn, sugar and oils. These soaring prices have had only a modest effect on U.S. inflation, which is still low by historical standards, but they’re having a brutal impact on the world’s poor, who spend much if not...