The Budget should be an instrument of economic discipline and a promoter of healthy social development. As it is, it is like a leaky tap; it cannot halt inflation without disciplining political skulduggery. March 21, 2011:   A lot has been written about the Budget, how it affects this or that industry or business, or how it will increase or decrease the GNP growth rate. Undoubtedly, all those factors are important. But...

This book discusses a new poverty agenda for Asia and the role of social policies in economic transformation and reducing poverty. The poverty-reduction agenda is well known. So is the debate over poverty. No one disputes the fact that poverty of income (or expenditure, as countries such as India do not collect household data on income) is an imperfect measure of poverty, as there are non-income dimensions, too. Consequently, we...

Food inflation, hovering in the double digits, may play spoilsport to India’s ability to continue its rapid economic growth. It is truly troubling that food still consumes half of the expenditure of the average Indian household. No wonder a sharp spike in onion prices has the potential to upset the political calculus of social stability. India’s biggest challenge still remains ensuring food and nutritional security to its masses. Notwithstanding the nation’s...

India will have 20% more men than women in the next two decades, thanks to sex-selective abortion and craze for male child in some states, according to a new study. Conducted by Dr Therese Hesketh and co-authors from the UCL Centre for International Health and Development, London, and published in the Canadian Medical Association Journal on Tuesday, the study says easy access to sex-selective abortions, has led to significant imbalances in...

As the demand for a ban on Endosulfan in India is gaining pitch and Karnataka being the latest state to ban the pesticide, the Pesticide Manufacturers and Formulators Association of India (PMFAI) is going around crying foul. They are leaving no stone unturned to save endosulfan. Press meets across the country and plugged newspaper reports maligning studies that have indicted endosulfan in the past is a desperate attempt to save...