India could face a massive 50% water deficit by 2030, the biggest globally, says the recent report of the Water Resources Group (WRG).  Fortunately, the supply-demand gap could well be filled, with vision, proactive policy and only modestly higher sectoral outlays, it adds. The WRG, consisting of a panel of global experts, estimates the ‘water availability cost curve’ to meet the heightened demand at about $5.9 billion per annum, or...

Angus Deaton, the Princeton economist regarded as world's foremost authority on cross-country income data, has cast serious doubts on the World Bank's last upward revision of global poverty figures and India's statistics are at the centre of the storm. The world became poorer as a result of a combination of India's economic growth and its low poverty line, Deaton, who is president of the American Economic Association, said in his...

Is it the Supreme Court of India, or the Supreme Court for Indians?  The law must be equally open to the humblest, simplest and little member of the community A decentralised system of judicature is a paramount property for democracy to have élan A Supreme Court of India, and a Supreme Court for all Indians: these two versions can be radically different in terms of principle and content. The Preamble to...

Earthquakes were the deadliest natural disasters in the past decade, accounting for 60 per cent of deaths caused by such hazards, a senior United Nations official said today, stressing the importance of investing in disaster risk reduction. UN Special Representative for Disaster Risk Reduction Margareta Wahlström stated that earthquakes remain a serious threat for millions of people worldwide as eight of the most populous cities in the world are built on...

The $12 billion mega steel plant project of South Korean behemoth Posco proposed to be set up near Paradip port hangs in balance between promise and protest. While chief minister Naveen Patnaik assured the South Korean president, Lee Myung-Bak, to expedite the much-delayed project, anti-plant protesters have launched an indefinite dharna opposing the project. “I assured the South Korean President that the Posco steel plant project will be expedited. Of course, our...