U.N. report says this will consolidate the region's economic recovery  Even in crisis, Asia-Pacific still the fastest-growing region Increased social spending directly supports income security for households A United Nations report has called upon governments in the Asia-Pacific region to increase social spending to consolidate the region's stronger than anticipated economic rebound and to spur over the long term a fairer, more balanced, and sustained economic recovery. The Economic and Social Survey of...

The Cobalt-60 radiation tragedy at Mayapuri in Delhi has unearthed many skeletons, which some seem to be desperate to hide. There is already a life lost, and maybe others irrevocably damaged, while everyone is busy hurling accusations at each other. This is a typical response. Instead, we need to examine the systemic problems that this incident has indicated. While those who were negligent must be punished, there are many questions...

India grapples with endemic backwardness in over 200 districts while some sectors and sections make global headlines. The Centre on Market Solutions to Poverty's report, Creating Vibrant Public-Private-Panchayat Partnerships for Inclusive Growth through Inclusive Governance explores this paradox by looking at the ground-level realities in local governance through the Panchayati Raj, the issues of agricultural productivity and value addition, and the role that the business sector could play in rural...

After sitting on the proposal for four years, the Planning Commission has approved the union agriculture ministry’s modified national agricultural insurance scheme. More than half a dozen different models of farm insurance have been tried out since the early 1970s but without much success. None of these schemes has been economically viable. We now have one more experiment being launched. No more than a fraction of the country’s over 120...

The growth rate of agriculture was three per cent and that of manufacturing was 4.5 per cent during the first three decades after independence. The growth rate for agriculture has slipped to 2.8 per cent while that for manufacturing has increased to 6.4 per cent during the last 15 years. Farmers continue to commit suicides across the country. The groundwater level is declining. The country has to import wheat, edible...