-The Business Standard   The Indian economy certainly has problems. But compared to the rest of the world, we will take ours any day Over the past couple of years, and particularly the past few months, we have become convinced that economists, the intelligentsia, fund managers, foreign brokers, don't read global macroeconomic news. All of the above have castigated the United Progressive Alliance (UPA) government for having ruined the economy, causing a massive growth...

-The Hindustan Times If the opinion polls are to be believed, the UPA is facing a rout in the coming Lok Sabha elections. One explanation, popular in the media, goes something like this: The UPA faces voter wrath because it destroyed growth. The economy has paid a price for bad governance and expensive welfare schemes. If you look at data for the last two years, this view will find some support....

-Live Mint Data shows that Indian growth has moved in sync with what was happening in the rest of the world while Indian inflation has had a life of its own Mumbai: The war of words between P. Chidambaram and Yashwant Sinha on the way the Indian economy has been managed over the past decade is the sort of political grandstanding that is expected in the last stage of what has...

-Mumbai Mirror Instead of selling highly subsidised rice and wheat, we need to get food into hungry stomachs. The level of development of a country can be measured in many different ways. You could use average income of every person (i.e. GDP divided by population), or you can use average spending. You can count the number of millionaires or billionaires. You can count number of mobile connections, or cars on the road....

-Frontline Many of the targets of U.N. Millennium Development Goals may remain unachieved by India, if one goes by the latest progress report. In his keynote speech at the Jaipur Literary Festival held in January, Professor Amartya Sen highlighted the vast disparities of development in India. Whereas in some States such as Tamil Nadu and Kerala the human development indices are on a par with many European nations, many States have...