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The weakest link in development lending-Joe Athialy

-The Business Standard     Institutions such as World Bank and Asian Development Bank (ADB) are considered the panacea of all ills that developing countries like India face. Although the amount of money these institutions lend is small, their influence on the economy is high. They continue to be the benchmark for social and environmental policies, good governance, climate change, corruption and so on. A look at some of the reports of these...

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The poor never had it so good -Subir Roy

-The Business Standard The dominant theme in the pre-election discourse is that misrule by the United Progressive Alliance (UPA) in its second term has led to sharply lower growth of gross domestic product (GDP), which Narendra Modi will reverse, the way he has made Gujarat shine. But the evidence on hand does not support this correlation between the quality of national political leadership and growth performance. If anything, there is...

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Sowing a loss -Pratik Kanjilal

-The Financial Express The urgent need to end world hunger appears to have promoted superfood crops at the expense of nutritional diversity Finally, we know why India is facing a spurt in diet-linked lifestyle disorders while it continues to struggle to feed the hungry. The paradox is seen in several developing economies, the answer is easily hazarded but now, for the first time, a formal study by the International Centre for Tropical...

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Job creation-A counter-intuitive model-Rajiv Lall

-The Business Standard The rural non-farm sector has emerged as India's largest job creator since 2000 and needs to play a pivotal role in our structural transformation Job creation has to be a pressing priority for any new government. But it is worthwhile trying to understand the nature of our employment challenge. The unemployment rate, as understood in the Organisation for Economic Co-operation and Development (OECD) world, is not a very useful indicator...

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Govt spends Rs 3.65 to deliver Rs 1-worth food; 57% of subsidized food doesn't reach beneficiaries -Mahendra Kumar Singh

-The Times of India NEW DELHI: The government spends Rs 3.65 to deliver Re 1 of food while 57% of subsidized food grains do not reach the intended beneficiaries. These startling findings by the Independent Evaluation Office point to massive corruption and pilferages in the existing public distribution system. The agency's initial findings reveals that close to 36% of food grains are siphoned off in the supply chain, raising a serious question...

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