Is Bihar on steroids, boosted by an excessive stimulus of dramatically higher public outlays than ever in the past? Like all stimulus, does it also bear the danger of slumping back when it is withdrawn? Is the widely acclaimed growth turnaround a durable and sustainable one? These are among the many issues, which are currently being debated. But first the facts. Bihar is the best turnaround story that the country has seen...
More »SEARCH RESULT
Starvation deaths in Madhya Pradesh, Rajasthan
At least two cases of hunger deaths have been reported from Jabalpur district of MP and Chittorgarh district of Rajasthan in the past few weeks. The two states are run by different political parties-- the BJP and the Congress-- but there is quite a lot common in the victims’ circumstances. Both families were among the poorest in their villages but were not included in the BPL list and both the...
More »The growth redux by Arjun Sengupta
The New Year began with very good news about the Indian economy. During the last five years, 2004 to 2009, India’s most backward states have shown remarkable growth. Bihar, which grew at 4.5 per cent a year between 2001 and 2005, showed a growth rate of 11.3 per cent between 2005 and 2009. Similarly, Odisha increased its growth performance from 4.94 to 8.74 per cent between these two periods; Jharkhand...
More »Harvesting growth
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...
More »Only science can fight hunger by MS Swaminathan
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...
More »