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Just getting by

-The Economist UNDER a thatched roof, lit by a full, yellow moon, Shiv Kumari explains how she and her five children survive. She is a widow, 30 years old, living in a home made of packed mud. She works the nearby fields, draws a small pension, some food rations and gets a few days of paid labour each month from a rural make-work scheme. Semra village, made up of 70 households, most...

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Antidote to World Bank prescription-K Subramanian

A scholarly study of corruption in the larger context of societal growth and development Corruption is no longer a word and has become a noise. Debates on corruption have reached high decibel levels and the world is no closer to solutions. Given the complexity, there are as many views as there are participants. Some speak from high moral pedestals like those from the rich, donor countries. It is no surprise that...

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In India, an Inflation Dilemma -Anant Vijay Kala

Inflation in India rose above expectations in April, making life difficult for the nation's central bank as it tries to revive an economy facing increased stagflation risks. The Reserve Bank of India last month cut its policy rate for the first time in three years to boost sagging growth. But inflation has remained stubbornly high, raising concerns the economy may be facing a nightmare scenario of slowing growth and rising prices. On...

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Vegetable prices surge 61%, fuel 7.2% inflation in April

-The Economic Times Soaring vegetable prices pushed inflation higher in April, while fuel and manufactured product prices sustained their pressure posing a fresh policy challenge and announcing the return of price pressures in Asia's third-largest economy. Data released by the commerce & industry ministry on Monday showed the annual rate of inflation, based on monthly wholesale price index, stood at 7.23% for April, 2012, compared to 6.89% for the previous month and...

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Of mines, minerals and tribal rights-Brinda Karat

The proposed liberalisation of the mining and minerals sector is an assault on the rightful owners of the land and its resources. Tribal and indigenous communities across the world have been asserting their rights to the mineral wealth often found under the land they own or possess or have traditional rights to. They have been historically denied even a share of that huge wealth, leave alone legal rights of ownership. Under...

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