The Union finance ministry’s mid-year fiscal Review, tabled in Parliament last week, notes very correctly that the “current period represents a crossroads for the Indian economy”. Having weathered the global economic downturn, the Indian economy has performed better than expected. Hence, the Review’s upbeat tone is understandable. Yet, the Review offers an honest account of the challenges ahead, hence the view that India is at a crossroads. Much of the...

Borrowing was both the shaky foundation of global growth and the cause of its collapse. It started with a bust and it ended with an even bigger bust. In between was sandwiched an unsustainable boom. Banks have been humbled. Economists have been found wanting. Geopolitical power began to shift from west to east. That was the noughties that was. It barely seems five minutes ago that policymakers were fretting about the...

Having stitched together a climate deal at Copenhagen with a select group of countries, the government will have to do some explaining in Parliament on Tuesday on some provisions in the Copenhagen Accord, especially those relating to international verification of voluntary action taken by India on climate change. The government is expected to argue that agreeing to allow “international consultations and analysis” is in no way a matter of concern....

A report card from Pratichi Trust on the primary schooling scene in West Bengal Pratichi Trust (India) was established a decade ago, along with Pratichi Trust (Bangladesh). The latter has been concentrating on the social progress of girls and young women: it has worked particularly on supporting and training young women journalists reporting from rural Bangladesh. In India, the work has mainly focussed on advancing primary education and elementary health care,...

PRIMARY SCHOOLING: I Pratichi Trust (India) was established a decade ago, along with its sister across the border, Pratichi Trust (Bangladesh) [1]. The Bangladesh centre has been concentrating on the social progress of girls and young women there (it has worked particularly on supporting and training young women journalists reporting from rural Bangladesh), whereas here in India, the work of the Trust has been mainly focused on advancing primary education...