-The Hindu Deputy Chairman of the Planning Commission Montek Singh Ahluwalia said on Friday that the 12th Five Year Plan, which commences in 2012, would have to contend with a “severe water crisis.” “The water crisis is even more serious than the energy problem,” Dr. Ahluwalia said at a two-day regional consultation meeting of the southern States. Urging for a political consensus on the adoption of the Public Trust Doctrine in the...
More »SEARCH RESULT
India versus China by Amartya Sen
The steadily rising rate of economic growth in India has recently been around 8 percent per year (it is expected to be 9 percent this year), and there is much speculation about whether and when India may catch up with and surpass China’s over 10 percent growth rate. Despite the evident excitement that this subject seems to cause in India and abroad, it is surely rather silly to be obsessed...
More »India’s Anti-Poverty Programs Are Big but Troubled by Heather Timmons
India spends more on programs for the poor than most developing countries, but it has failed to eradicate poverty because of widespread corruption and faulty government administration, the World Bank said Wednesday. “India is not getting the ‘bang for the rupee’ that its significant expenditure would seem to warrant, and the needs of important population groups remain only party addressed,” John D. Blomquist, lead economist at the World Bank, wrote in...
More »Basics of the debt demon by Devadeep Purohit
Mass leaders in India have a tradition of broaching BSP —bijli, sadak and pani — issues to strike a chord during election rallies. However, in almost each of her 150-plus rallies across the state in the election season, Mamata Banerjee deviated from the conventional mix and squeezed into her speech phrases like debt burden, public finance and economic recovery. Whether such esoteric terms found resonance or not, Mamata did get across the...
More »Countries facing double burden with chronic and infectious diseases–UN report
An increasing number of countries face a double burden of disease as the prevalence of risk factors for chronic diseases such as diabetes, heart diseases and cancers increase and many nations still struggle to reduce maternal and child deaths caused by infectious diseases, according to a United Nations statistical health report released today. “This evidence really shows that no country in the world can address health from either an infectious disease...
More »