With India growing faster than almost every other large economy, the government is right to address its long-run challenges. The push for investment in infrastructure is bearing fruit and the expansion of social programmes such as the National Rural Employment Guarantee Act (NREGA) and the Right to Education Act (RTE) is spreading the benefits of growth across the population. But just as improved infrastructure doesn’t eliminate all traffic jams, rapid growth...

Fifty million "environmental refugees" will flood into the global north by 2020, fleeing food shortages sparked by climate change, experts warned at a major science conference that ended here Monday. "In 2020, the UN has projected that we will have 50 million environmental refugees," University of California, Los Angeles professor Cristina Tirado said at the annual meeting of the American Association for the Advancement of Science (AAAS). "When people are...

President Pratibha Patil today reaffirmed the government’s resolve “to maintain the momentum for reforms on a wide front”, prompting policymakers to outline the possible economic agenda ahead of the budget just a week away. Top officials offered their take on the phrase, mentioned in Patil’s speech to Parliament at the start of the budget session. According to the them, Prime Minister Manmohan Singh and finance minister Pranab Mukherjee are looking to...

Even as everyone is celebrating the bounce in the economy with a return to 8.5 per cent growth, the jury is out on the accuracy of the agricultural output numbers. The impressive 5.4 per cent agricultural growth rate number is suspect if one looks at recent trends in farm productivity and output. The agriculture ministry anticipates foodgrain output to grow by 6.4 per cent to 232 million tonnes in 2010-11....

PM Manmohan Singh disputed the estimates of huge loss from the spectrum swindle by citing the subsidies given to the poor on food and kerosene in his interaction with the media on Wednesday. Responding to a question on whether he agreed with telecom minister Kapil Sibal that there was zero revenue loss on 2G, he said there could be no opinion on such an issue, stressing that many consider the...