-The Times of India NEW DELHI: An expert committee under chief economic advisor Raghuram Rajan has identified 10 parameters for a new Composite Development Index, whose adoption by the Centre will change the way thousands of crores are transferred annually and can potentially set the stage for realignment of political forces in Bihar before the 2014 polls. The new index seeks to rate states on the basis of their distance from the...

-Down to Earth Government claims a huge drop in poverty numbers but critical indicators-health, malnutrition and wages-continue to be grim. So how did the poor fare better? After a long, long time there was good news to splash as media led with the report of a record 21.9 per cent drop in poverty levels. The July 24 newspaper headlines were celebratory as they reported the Planning Commission's findings that poverty rates...

-CivilSocietyOnline.com Kozhikode: Dubai's agriculture minister recently chartered a flight to Kozhikode and, accompanied by a horticulture consultant, headed to the Agriculture Research Station (ARS) at Anakkayam nearby. There the minister, Abdulla Jassim Abdulla M Almarzooqi, placed orders for fruits, spices and ornamental plants. But on his mind was something bigger. He offered free visas and air tickets to the 100 members of the research station's agricultural army, which rather grandly goes...

-IndiaResists.com The ongoing debate between two stalwart economists, Amartya Sen and Jagdish Bhagwati, must be joined by those who understand contemporary realities and challenges in terms altogether different from those of mainstream economists. In a recent (July 27) article in Times of India, Bhagwati's co-author Arvind Panagariya characterizes the differences between the two in the following terms. Sen favours education and health measures as being the first steps to tackle poverty...

-The Hindu Despite its many flaws, the food security bill is an opportunity to end the leakages from the PDS and prevent wastage of public resources The National Food Security Bill, now an ordinance, has been a target of sustained attacks in the business media in recent weeks. There is nothing wrong, of course, in being critical of the bill, or even opposed to it. Indeed, the bill has many flaws. What...