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Gujarat, the gateway to India: fact or farce?-Darshan Desai

-The Hindu Ahmedabad: Going by the Gujarat government's figures, memorandums of understanding (MoUs) for Foreign Direct Investments (FDI) worth $876 billion were signed during its five biannual Vibrant Gujarat Global Investors Summits from 2003 to 2011 and a whopping 84 per cent of the projects have already been implemented or are under implementation. This would mean Gujarat has overtaken all of China, whose FDI inflows during this period were to the tune...

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Has India lost the 21st century?-Avalok Langer

-Tehelka With 65 percent of the population below the age of 35, India boasts of an unparalleled generational dividend, but are we turning this potential into a disaster? Avalok Langer spots a ticking time bomb Nutrition & Health* 40% of children in India are malnourished 43% of children in the age group of 12-23 months receive full immunisation 48%+ of children are underweight 50%+ of all deaths under age 5 are related to malnutrition 45% of children...

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Why India's welfare plans are anti-poor-Laveesh Bhandari

-The Business Standard A CACP study shows how the Fisc, rising farm wages and international forces are stoking inflation It's good to see that independent thought is still present in the government. When one part of the government comes out with a serious and objective piece on how the government itself has been responsible for creating food inflation, hopefully the government is more likely to take note. The Commission for Agricultural Costs and...

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India Jobs Program Scam Pays Wages to Dead Workers -Andrew MacAskill, Unni Krishnan & Tushar Dhara

-Bloomberg The corpse of Indian farmer Bengali Singh burned to ash atop a blazing funeral pyre on the banks of the river Ganges in 2006. Five years later, the dead man was recorded as being paid by India's $33 billion rural jobs program to dig an irrigation canal in Jharkhand state. Officials in his village and the surrounding region used at least 500 identities, including those of Singh, a disabled child of...

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Kisan Credit Cards: Bad loan bubble waiting to burst?-Dinesh Unnikrishnan

-Live Mint Subsidized loans given to farmers through KCCs could very well be the next big source of NPAs for banks Mumbai: A surge in exposure to farm debt through Kisan Credit Cards (KCCs) could emerge as a risk for India's state-run banks, according to experts. Subsidized loans are given to farmers through KCCs by state-owned banks. Until March 2012, the outstanding amount on such loans was`1.6 trillion through 20.3 million cards, as...

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