Poor allocation of funds to key social sectors shows the government’s lacklustre approach to inclusive growth. We are reaching the end of a remarkable fiscal year,” said the finance minister as he rose to present the Union Budget 2011-12. Agreeing with the government that the year gone by presented us with several opportunities and challenges to address critical concerns pertaining to the social sector, the overall sense is that this Budget,...

Larry Summers, the recently departed Chairman of US President Barack Obama’s National Economic Council, posed the following question before his trip to India last November: “What is the self-perception of the Congress as a political party?” In fact, this broad question provokes three specific ones in the domain of economics. Is the Congress the party of Jagdish Bhagwati or Amartya Sen; Nehru or Indira Gandhi; or Aruna Roy or Nandan...

India’s drug regulator has refused to disclose key information about a controversial government study that provided Indian girls a vaccine designed to protect them from cervical cancer, amplifying suspicions about the study’s objectives. The Drug Controller General of India (DCGI) has refused to release for public scrutiny the study’s protocols, which are expected to contain information about its purpose and methodology, a set of health activists said yesterday. The Union government had...

Her face breaks into a smile when Rukhma Lakshman Kale sees herself on the giant screen in a Unicef film screened at the release of the State of The World's Children report. In the film, the 27-year-old mother of one is shown engaging with girls in village Antapur in Maharashtra's Chandrapur district. Rukhma is a source of strength for these girls, 14 of whom she's ensured go to school. In India...

In further embarrassment to former Chief Justice of India KG Balakrishnan, Income Tax authorities on Saturday said they have unearthed black money in possession of three of his relatives during their investigation into allegations of amassment of wealth by them. "As far as Justice Balakrishnan is concerned, I cannot say anything. But as far as his relatives-- two sons-in-law and brother are concerned, we have found there is black money", director...