While the recent sporadic performance of the Indian manufacturing sector has justifiably evoked both concern and comment, another well-documented facet has not received commensurate Attention. Organised sector manufacturing in India turned capital intensive in the 1990s and the trend continues inexorably. Research by Business Standard indicates that India Inc added over Rs 13 trillion in fixed assets over the past decade, with over 80 per cent of this accretion since...

I was awakened early one morning recently by someone who said he was enormously enjoying my on-going debate on economic growth in India. I was very pleased that I had given someone some joy, but I also wondered what on earth he could be talking about, since I have not been involved in any such debate. As it happens, I am getting a steady stream of telephone calls and electronic...

The central government had diverted Rs 20,000 crore of funds meant for tribal people’s welfare to other departments in the past two years, CPM Politburo member and Adivasi Adhikar Rashtriya Manch president Brinda Karat alleged here on Monday. Speaking at a dharna organised by the AP Girijana Sangham in front of the office of the Integrated Tribal Development Agency (ITDA) here to seek release of more funds for the welfare of...

Prime Minister Manmohan Singh addressed a conference on ‘Leveraging agriculture for improving nutrition and health’ in New Delhi, organised by the International Food Policy Research Institute (IFPRI), as part of International Policy Consultation. “Nutrition and health are issues are particularly topical today as the world faces rising food prices in many countries and there is growing recognition that climate change may endanger food security in many developing countries. Leveraging agriculture for...

At present, the government spending on education is about 3.4 percent of GDP ‘It is imperative that the government increase outlays in Sarva Shiksha Abhiyan' A delegation of the People's Budget Initiative met Finance Minister Pranab Mukherjee here on Saturday to demand enhanced resources for the social sector which was crucial for the development of human resource and the nation. Formed in 2006, People's Budget Initiative is a coalition comprising representatives from people's...