The market for clean energy products and services is increasing among India’s rural poor, and according to a new analysis, could potentially grow to more than USD 2 billion per year. Demand for clean energy products is rising among India’s rural communities, according to the Power to the People analysis released today by Centre for Development Finance at the Institute for Financial Management and Research (CDF-IFMR) and the World Resources Institute(WRI)....

Arjun Kumar Sengupta, a developmental economist and Member of the Rajya Sabha, passed away on Sunday evening. He was 73 and is survived by his wife Jayshree Sengupta and daughter Madhura Sengupta who teaches in Canada. He has had a multi-faceted career as a academician, economic policy administrator and a Parliamentarian. “I am deeply grieved to learn about the sad demise of Dr Arjun Kumar Sengupta, Member of Parliament. He will...

The International Energy Agency (IEA) has highlighted that over 20% of the global population or 1.4 billion people lack access to electricity, which hinders economic and social development. Here in India, the grim reality is that almost half the population in rural areas has little or no supply of power. For long years, open-ended subsidies in power have mostly been diverted and usurped by the undeserving non-poor. Fortunately, social, managerial and...

The Planning Commission has expressed inability to provide funds for implementing the National Food Security Act in the final lap of the Eleventh Five Year Plan, arguing that doing so would mean it will have to divert funds from existing schemes. Planning Commission Deputy Chairman Montek Singh Ahluwalia, in his presentation before the National Advisory Council (NAC) here on Friday, proposed the rollout of the scheme from the beginning of...

A pilot project on refining methods of counting the poor is attractive at a time when entitlement to welfare schemes is hotly debated Targeted approaches to delivering food and other goods often attract criticism from different quarters. Exclusion of deserving individuals and inclusion of those who are better off have marred programmes such as the Public Distribution System (PDS), so much so that universalization has been recommended as a panacea to...