The Indian economy should recover from the recession caused by the global meltdown. India’s exposure to the world economy is quite limited. It is mainly through the exports market and partly through foreign investment flows either as equity or debt capital that financed private investment. The extent of the dependence, however, is quite low. The recession in the exports market affects only few sectors, such as textile and labour-intensive manufactures...

The good news is that Bihar has done it! Bihar’s first successful social audit took place in Jamua Panchayat of Araria district despite violence and threats. Two thousand villagers participated in the exercise and fearlessly deposed in front of a panel of officials and civil society representatives. The social audit exposed widespread corruption, fake muster rolls and fake vouchers in the panchayat records. (see details and contact numbers below) Following the...

Poverty is a multi-dimensional concept. Official statistics in India have always referred, arguably narrowly, to only income poverty (using the proxy measure of consumption expenditure from the NSSO surveys).The Suresh Tendulkar Committee report submitted to the Planning Commission is the latest input to the “Great Indian Poverty Debate”. While the increase in the number of poor households, as suggested by the Tendulkar Committee, may indeed help expand the coverage of...

THANTIRAYANKUPPAM, INDIA — Five years ago, I woke up on a Sunday morning, checked the news online and saw that a tsunami had hit my part of the world. Early reports were sketchy. I read about just a few casualties (in Sri Lanka, as I recall), and I remember thinking that the whole thing sounded exciting. I went down to the beach, about a 15-minute drive from my house. I walked...

The following piece was written for the UNIDO’s General Conference that took place in Vienna this month but could not be carried by any of the international papers because of a slight delay, although some feel its contents may not be ideologically palatable to them. Hence it is being carried here for the benefit of our readers. —Editor A highly positive sum game awaits the community of nations if an internationally...