Centre for Science and Environment (CSE) has brought out an excellent compilation titled Climate Change, Politics and Facts. The government is planning legislation with targets for greenhouse gas emissions. Perhaps to bolster this, the Ministry of Environment and Forests has published results of five studies - NCAER/Jadavpur, TERI/MoEF, IRADE, TERI/Poznan and McKinsey - and findings have been contrasted and collated by CSE. As per all these models except for TERI/Poznan,...

The spectre of inflation has returned to haunt India. It is not even six months since the United Progressive Alliance (UPA) government returned to power but its inability to control food prices is arguably its single biggest failure till now. The inflation rate will eventually come down sometime in the (hopefully) not-too-distant future and the government will surely take credit for bringing prices down as and when that happens. But...

Output and Growth     According to the [inside]Economic Survey 2017-18, Volume-2[/inside] (please click here to access): • The growth rates of agriculture & allied sectors have been fluctuating at 1.5 per cent in 2012-13, 5.6 per cent in 2013-14, (-) 0.2 per cent in 2014-15, 0.7 per cent in 2015-16 and 4.9 per cent in 2016-17. • The Gross Capital Formation (GCF) in Agriculture and Allied Sectors relative to Gross Value Added (GVA) in...