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The weakest link in development lending-Joe Athialy

-The Business Standard     Institutions such as World Bank and Asian Development Bank (ADB) are considered the panacea of all ills that developing countries like India face. Although the amount of money these institutions lend is small, their influence on the economy is high. They continue to be the benchmark for social and environmental policies, good governance, climate change, corruption and so on. A look at some of the reports of these...

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Farmer suicides, crop failure plague Vidarbha -Kunal Purohit

-The Hindustan Times Maharashtra: Vidarbha is an unforgiving place, parched, dry and restive. It is a place of waiting - for the rains, for dams, for a harvest that may never come. Lately, there's been a storm brewing in these 11 arid districts "All of Maharashtra is getting richer, but here in Vidarbha, everything is standing still," says Sachin Gawande, 30, a graduate and farmer from Risod town in Akola. "Ours remains...

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Time running out to meet global warming target: UN report

-Reuters OSLO: World powers are running out of time to slash their use of high-polluting fossil fuels and stay below agreed limits on global warming, a draft UN study to be approved this week shows. Government officials and top climate scientists will meet in Berlin from April 7-12 to review the 29-page draft that also estimates the needed shift to low-carbon energies would cost between two and six percent of world...

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Worshipping false gods in India-Harsh Mander

-Live Mint   In Gujarat public funds are committed to supporting private investment. This does not benefit the poor Amidst the clamour of India's colourful 2014 general election, a public debate of great import for India's future is underway. Leading political candidates debate which development model is best suited for a country of vast economic potential and embedded historical impoverishment. Most Opinion Polls rate Narendra Modi as the front-runner in the 2014 general election....

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Growth is not a victim of the UPA, it is the other way round -Maitreesh Ghatak and Parikshit Ghosh

-The Hindustan Times If the Opinion Polls are to be believed, the UPA is facing a rout in the coming Lok Sabha elections. One explanation, popular in the media, goes something like this: The UPA faces voter wrath because it destroyed growth. The economy has paid a price for bad governance and expensive welfare schemes. If you look at data for the last two years, this view will find some support....

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