The New Year began with very good news about the Indian economy. During the last five years, 2004 to 2009, India’s most backward states have shown remarkable growth. Bihar, which grew at 4.5 per cent a year between 2001 and 2005, showed a growth rate of 11.3 per cent between 2005 and 2009. Similarly, Odisha increased its growth performance from 4.94 to 8.74 per cent between these two periods; Jharkhand...

It is presumed that the industrial development in Bihar is hampered by lack of investments. Is it because of 'unproductive' government policies or an unpredictable law and order situation? And how to increase the flow of investment in the state? In order to find out answers to all such questions and debate these issues, Business Standard Hindi recently organised a roundtable in Patna. The seminar was attended by various small...

Matriculate Trained Teachers, who make up 87% of school teachers in India, get Rs 775 in UP Rs 892 in Assam and Rs 1,507 per month in Punjab. Even in the most highly rated schools, the average salary is Rs. 7,225 p.m. Nearly 200,000 teachers in Bihar draw a salary less than that of a peon in the government. Teachers with post graduate degrees teaching primary to higher secondary levels, draw...

Food prices have shot up by more than 20 per cent in the course of the past 12 months. A vast proportion of the nation is being battered by the price rise — the fixed income group, the working classes, landless peasantry and small farmers who have to buy at least a part of the grains they consume from the market. There is, however, no upheaval among the suffering people....

The current food inflation is a result of food output growth not keeping pace with population growth Few recall that, just last month, there was a food security summit in Rome. In sharp contrast to the almost overwhelming coverage of the Copenhagen climate summit, it attracted far lesser attention from the heads of governments, as also from the media. This is somewhat strange as a food (and water) crisis can hit...