Bihar is India's new miracle economy. In the five-year period between 2004-05 and 2008-09, Bihar's GDP has grown by a stunning 11.03%, way beyond the definition of 7% growth for a ``miracle economy''. In this period, Bihar - traditionally a laggard state that actually saw a 5.15% negative growth in 2003-04 - is the second fastest growing state, just a shade behind Gujarat's well-publicized growth of 11.05%. The latest CSO...
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Hard Times by Ashok Mitra
Food prices have shot up by more than 20 per cent in the course of the past 12 months. A vast proportion of the nation is being battered by the price rise — the fixed income group, the working classes, landless peasantry and small farmers who have to buy at least a part of the grains they consume from the market. There is, however, no upheaval among the suffering people....
More »India wins slowdown battle; defeated by rising prices in ’09 by Chandra Shekhar and Rakesh Pathak
India achieved the distinction of being the second fastest growing economy amid the global recession in 2009, but the joy was marred by the decade’s sharpest rise in food prices to the chagrin of common man. For a country that continued to lose on its exports throughout the year that has gone by, economy achieved a remarkable growth of about 7% (during April- September 2009) on the back of focused government...
More »Copenhagen cop out by Praful Bidwai
It is apparent to everyone that the Copenhagen Accord is a travesty of what the world needs to avert climate change. Instead of an ambitious, effective, equitable and binding treaty with stringent emissions-cut targets for developed nations, we have a hollow Accord without legal status. The North has offered a 16 per cent emissions-cut when 40-45 per cent is needed. Years of talks have been set at nought by a...
More »Healing a nation by Patralekha Chatterjee
Copenhagen showed how fast and far India has traveled geo-politically. The same, alas, cannot be said about the health of the nation. On the international stage, India’s relentless focus on equity made us proud. The time has come to apply that principle at home. India’s ailing health delivery system is viewed as a worthy but dull topic on a normal day in a typical newsroom in the country. Typically, such neglected...
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