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No financial crisis impact? India's poor grew by 34 mn by Rukmini Shrinivasan

It's a myth that the global financial crisis left India virtually unscathed. In fact, India is the biggest victim of financial crisis-induced poverty, according to data obtained by TOI from the United Nations Department of Economic and Social Affairs' (UNDESA). Check out these figures. The UNDESA data estimates that the number of India's poor was 33.6 million higher in 2009 than would have been the case if the growth rates...

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The blame game around food prices by CP Chandrasekhar

The special meeting of Chief Ministers convened by the Centre indicates that food price inflation remains worrisome. But at the meet the problem was underplayed and little of substance emerged.  With food price inflation still running at close to 18 per cent, the UPA government at the Centre has been forced to recognise that it constitutes a problem that deserves as much or more attention than the objective of achieving...

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Richer India makes the world poorer: Economist by Rukmini Shrinivasan

Angus Deaton, the Princeton economist regarded as world's foremost authority on cross-country income data, has cast serious doubts on the World Bank's last upward revision of global poverty figures and India's statistics are at the centre of the storm. The world became poorer as a result of a combination of India's economic growth and its low poverty line, Deaton, who is president of the American Economic Association, said in his...

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Prosperity undermined by western farming by John Vidal

Study claims modern farming threatens nomadic cattle herding.  Nomadic herders who move their cattle ceaselessly across some of the harshest environments in the world in search of grazing land are vital for Africa’s economic prosperity, but their way of life is being undermined by governments, conservationists and large-scale farmers, according to a study. Millions of hectares of land traditionally used by pastoralists in Ethiopia, Senegal, Mali, Chad, Kenya and other...

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Notice (8): Trying to get property 'slug' of non-object [APP/Template/SearchResult/index.ctp, line 40]/kalyug-descent-into-darkness-by-colin-gonsalves-1204.html"> Kalyug: Descent into darkness by Colin Gonsalves

Between democracy and darkness stands the judiciary. It stands heads and shoulders above the judicial systems in Asia. But it is in rapid decline. Ahead is pitch darkness Colin Gonsalves, Delhi In the 61st year of the republic, surely, India has transited into Kalyug. Surveys of the Union of India as well as expert reports published by the Arjun Sengupta committee and the NC Saxena Committee appointed by the Central government...

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