Without policy efforts to deal specifically with issues such as reduced incomes and unemployment, the global economic crisis will be far from over. FOR most economic commentators, 2010 begins on an optimistic note. Just a year ago, there was much gloom about the world economy. The worst financial crisis since the Great Depression had broken out in full fury; asset markets in the United States, Europe and then most developing...

Roads “as smooth as Hema Malini’s cheeks” was a promise that Lalu Yadav had once given to the people of Bihar. Ironically, it is his rival Nitish Kumar who seems to be delivering on that front. Despite three years of floods followed by a year of drought, ‘backward and benighted’ Bihar reports a miraculous figure: 11% GDP growth, second only to Gujarat. The state’s economy has never grown so fast...

The 97th Indian Science Congress is in session at Thiruvananthapuram (January 3 to 7, 2010), the capital of the state of Kerala. For me, every session of the Congress is a new experience; an experience of learning and re-dedication to the cause propounded by the country’s first Prime Minister, Pandit Jawaharlal Nehru. It is a matter of pride for the scientific community in the country that it is the Prime...

The Ficci-Yes Bank report on farm mechanisation couldn’t have come at a more appropriate time. For one, since it suggests waiving of VAT and excise duty on farm machinery, this is the time the Budget exercise has just begun. More important, the study points out that, while the use of new devices in performing key farm operations is vital for doubling agricultural growth from the present 2 per cent, the...

Several recent reports put India at the bottom when it comes to gender equality. It is time for a clearly-spelt new policy on women and development. SHAILAJA CHANDRA  “By and large the attitude of a man towards his wife is possibly worse than his attitude towards his buffalo.”--Colin Gonzalves, Human Rights Lawyer The World Economic Forum, in a report titled the Global Gender Gap 2009, has quantified the magnitude of gender-based...