Kaushik Basu, the current Chief Economic Adviser to the Ministry of Finance, had a 15-year-long stint as Professor of Economics at Cornell University. The Padma Bhushan awardee has been working closely with the Finance Ministry and the Prime Minister to chart the country’s future growth path. He spoke to MANAV CHOPRA about the need for better monitoring to ensure growth doesn’t happen at the expense of social justice. Excerpts: A common...

The draft food security bill studiedly sidesteps the real problem An offending official disconnect with the hungry millions of India has been perpetrated by the very group aiming to improve their lot. In the minutes of its meeting of March 12, the empowered Group of Ministers, which cleared a draft food security bill for consideration of the Union cabinet, recorded this audacious passage: “The definition of food security should be limited...

UNLESS THE prices of vegetables skyrocket and become a scandal — as they have over several weeks now, or as did the price of sugar last year — little in the out-of-sight world of Indian agriculture excites the imagination of the city folks, who influence, rather disproportionately, everything from government policies to newspaper content. Few of those who enjoy a hearty meal and wax lovingly on their favourite dishes can...

  Democratic political systems in every advanced western country have faced challenges posed by the role of political finance or money spent during elections. On the basis of their specific experiences, these countries have tried to tackle the issue of political funding during polls. The democratic political system is corrupted if elections are contested on the basis of financial resources provided by rich individuals or business corporations as these donors, from the...

The Gender Hygiene Programme is attempting to change attitude towards menstrual hygiene It involves SHGs manufacturing inexpensive sanitary towels from cotton and tissue paper When women in rural areas are asked to spend Rs.15 on a packet of nine sanitary napkins, they respond by saying they would rather continue to use rags and spend the money on their husbands or children. But the Gender Hygiene Programme (GHP) launched here three years ago is...