Work on a new base year will start the moment the government starts releasing key economic data such as the Wholesale Price Index (WPI) and the Index of Industrial Production (IIP) with 2004-05 as the reference point within a few months. The National Statistical Commission (NSC), under C. Rangarajan, has recommended that the base year be updated every five years. Officials in the ministry of statistics and programme implementation (Mospi) say...

The revised estimates of national income by the Central Statistical Organisation for 2009-10 present a generally positive picture of the economy. During the year, the economy grew by 7.4 per cent, marginally higher than the 7.2 per cent projected in February's advance estimates. A better-than-expected 8.6 per cent growth during the fourth quarter is the main reason. Industry has been a star performer. The strong performance of the crucial segments...

This is a story of a bunch of gritty women in a small Andhra village who used their traditional resources and knowledge to fight poverty and create a source of livelihoods for others. A group of 34 women, most of them illiterate, at village Pyalayaram, which falls in Deccan region of Zaheerabad mandal in the state of Andhra Pradesh.decided to set up a community grain bank with a little help...

The people who uncovered the fact liken it to "encountering a mass grave of people who do not matter" in India's seat of power: At least 10 homeless people are dying on the streets of Delhi every day, the rate peaking as the summer rolls on. After a six-month examination of official records at crematoria, police stations and graveyards across India's richest city, Smita Jacob and Asghar Sharif, analysts with an...

Both sides will have to rise above politics and focus on the water crisis, which requires difficult and bitter solutions.  As the long hot summer sizzles, one's thoughts in Lahore and Amritsar turn to water. It is scarce on both sides of the border. When the British finally and fully took over the Punjab in 1849, their thoughts turned to the possibility of engineering for agriculture. In the 1860s, they...