Did we just miss a major opportunity? For short while, it seemed that the global financial crisis would focus minds on what is wrong with the current economic growth model and how we can go about changing it. Unfortunately, that moment seems to have passed, at least until the next crisis comes along (which, in current trends, will not be long, since all the major forces that led to the...

India’s growth is not falling, although it is not as high as before If there is a crisis, there should be economics to deal with it; what use are economists if they are not around to help out when things get bad? And it is not enough to have economics. There was plenty of economics in 1929. As output and employment plummeted, economists said, this is good. It will take...

More Indians go to bed hungry today than they did on the eve of Independence 62 years ago So, more Indians go to bed hungry today than they did on the eve of Independence sixty two years ago. The per capita calorie intake, experts say, has dropped to what it was at the end of World War II. On top of it now, over 25 per cent of the country...

World leaders have mourned the sudden demise of Norman E Borlaug on 12 September, 2009 in Texas, United States. He was 95. He is remembered for his role in bringing green revolution technology that increased food production in ‘hunger’ belts of the world during the 1960s and 1970s. His contribution to India’s self-sufficiency in foodgrain production is well-known. It is his work that earned him the popular title of the...

WASHINGTON, September 15, 2009–Developing countries can shift to lower-carbon paths while promoting development and reducing poverty, but this depends on financial and technical assistance from high-income countries, says a new world bank report released today. High-income countries also need to act quickly to reduce their carbon footprints and boost development of alternative energy sources to help tackle the problem of climate change. World Development Report 2010: Development and Climate Change,...