Kaushik Basu, the current Chief Economic Adviser to the Ministry of Finance, had a 15-year-long stint as Professor of Economics at Cornell University. The Padma Bhushan awardee has been working closely with the Finance Ministry and the Prime Minister to chart the country’s future growth path. He spoke to MANAV CHOPRA about the need for better monitoring to ensure growth doesn’t happen at the expense of social justice. Excerpts: A common...

UNLESS THE prices of vegetables skyrocket and become a scandal — as they have over several weeks now, or as did the price of sugar last year — little in the out-of-sight world of Indian agriculture excites the imagination of the city folks, who influence, rather disproportionately, everything from government policies to newspaper content. Few of those who enjoy a hearty meal and wax lovingly on their favourite dishes can...

“Absolute number” increased to 827.6 million in 2010 over 10 years  Achievements of China, India spectacular Urban sprawl is symptom of a divided city Governments across the world have done well collectively to lift 227 million people out of slum conditions, surpassing the Millennium Development target by 2.2 times. The achievements of China and India in particular have been spectacular, commends the UN-HABITAT report on the ‘State of the World Cities 2010/2011:...

With the mountains of hazardous waste from electronic products growing exponentially in developing countries, sometimes by as much as 500 per cent, the United Nations today called for new recycling technologies and regulations to safeguard both public health and the environment. So-called e-waste from products such as old computers, printers, mobile phones, pagers, digital photo and music devices, refrigerators, toys and televisions, are set to rise sharply in tandem with...

Has India's poorest and most lawless state turned the corner? If you believe the government of the northern state of Bihar, the answer appears to be in the affirmative. According to it, Bihar clocked up a giddy growth rate of 11.03% in 2008-2009. This would make it India's second fastest growing state economy, just behind the industrially-developed western state of Gujarat. Not so long ago, Bihar was written off as a...