South Korean steel maker Posco may have to start its bid to enter India from scratch, letting six years of preparatory work go to waste. A top tribunal has cancelled environmental approvals given by the government last year for the company’s $12 billion (around Rs61,440 crore today) steel plant in Orissa and ordered that the environment ministry review the entire project afresh. The tribunal said environmental clearances have been accorded in...

By the sheer loudness of their protests, NGOs, journalists and intellectuals have bamboozled the prime minister into withdrawing the latest Planning Commission report. The report had shown accelerated poverty reduction, a perfectly plausible outcome in view of accelerated growth since 2003-04. But the critics are not happy that India is succeeding in combating destitution. They therefore tirelessly invent myths to muddy the discourse. If we are to avoid costly policy...

-The Times of India Suicide may be a crime in law but the jury is still out on the question of punishment for those who survive the attempt. A bid to take one's own life attracts a jail term of up to one year, but a number of experts feel this amounts to punishing the victim. Now a trial court in Delhi has said that a person who attempts to commit suicide...

Nowhere are the argumentative Indians more visible than in the cacophony surrounding poverty estimates. Poverty is declining; inequality is increasing; no one can live on Rs 28 a day; nine per cent of Indians are poor; 70 per cent of Indians are poor. Poverty is too important to be used as ping-pong between optimists and pessimists on the Indian economy. I am deeply disillusioned to discover that there are no certainties...

The purpose of this piece is not to defend the Planning Commission on poverty figures but to indicate that the methodologies have evolved over time after considerable research and they are useful for policy purposes if not for linking with entitlement programmes (some of us have written earlier that the poor and vulnerable are more numerous than the commission's poverty figures and these should be delinked from entitlement programmes).  The commission...