If you thought that globalization and privatization would reduce the glamour and clamour for government jobs, you couldn't be more wrong. The first-ever state-backed study on aspirations and expectations of youth in Karnataka suggest that at least 60% of 14-34 year-olds -- irrespective of their education, economic status and place of study - prefer a government job. Fuelling their aspiration for a government gaddi seems to be job security, which is...

Despite its slackening industry, the common perception of West Bengal as a backward state has little substance when one looks at the facts. Most of us are conditioned to view economic development in terms of industrialisation. While industrialisation is essential for economic transformation, it is not as if economic growth is not possible without it. The sectoral structure of India's gross domestic product (GDP) and its slow transformation makes a good...

A generally beleaguered microfinance industry was eagerly waiting for Yezdi Malegam for deliverance. Any conversation about the microfinance business would end with the expectation that the Malegam committee would deliver a healthy dose of oxygen to the choking microfinance industry. The report was expected to be the panacea for all that ails microfinance in India. The report, which came out on Monday, disappoints not only in its inability to meet these...

Activists and villagers affected by the Jaitapur nuclear power project will boycott the Maharashtra government's meeting, to be held here on Tuesday to clear misconceptions over nuclear energy. Experts from the nuclear energy establishment, agricultural universities and environment are expected to have an open house with the affected people, the media and elected representatives on the controversial project. Official sources said Srikumar Banerjee, chairperson, Atomic Energy Commission (AEC), Anil Kakodkar, and...

Beleaguered by rising prices, Union agriculture minister Sharad Pawar on Saturday termed sky-high onion prices a seasonal phenomenon and hoped that the picture will change in the coming months. “Onion prices have shot up as over 70% of crop from Nashik, which would have been ready for sale in December-January, was destroyed due to unseasonal rains. This has disturbed the cycle of supply in the country. It will be restored after...