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The weakest link in development lending-Joe Athialy

-The Business Standard     Institutions such as World Bank and Asian Development Bank (ADB) are considered the panacea of all ills that developing countries like India face. Although the amount of money these institutions lend is small, their influence on the economy is high. They continue to be the benchmark for social and environmental policies, good governance, climate change, corruption and so on. A look at some of the reports of these...

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It’s not the nuclear deal -Bhaskar Dutta

-The Indian Express   The UPA has done well to bring rights-based social welfare schemes to the forefront. All opinion polls suggest that the UPA has only a few weeks left in office. After 10 years as prime minister - this gives him the third position in terms of longevity as head of government after Jawaharlal Nehru and Indira Gandhi - what is going through Manmohan Singh's mind as he contemplates retirement from...

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‘Jobless growth’ no more-Santosh Mehrotra

-The Hindu   Since 2004-05, for the first time in the history of India, more workers have left agriculture for productive work in industry and services Higher than normal inflation, high current account deficit, a depreciating rupee and slowing GDP growth might hold true in recent times. However, when it comes to employment, the facts are quite different as between 2009-10 and 2011-12, non-agricultural employment grew rapidly. Between 1999-2000 and 2004-05, National Sample Survey...

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Grand hopes blossom in urban-rural cusps-Rukmini S

-The Hindu   ‘An offshoot of trickle-down urbanisation, census towns like Hatia and Hinjewadi can be engines of change for rural areas' Hatia, Ranchi: At the southern edge of Ranchi city lies Hatia, and not all of its residents are sure if theirs is a village or part of Ranchi city's sprawl into its surrounding rural areas. "It's still a village. The panchayat has the land records," says Santosh Majhi, standing by the side...

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Asian countries dominate global education assessment test: Pisa-Prashant K Nanda

-Live Mint   Instead of testing theoretical knowledge, the problem-solving tests examined how students could use their knowledge in practical situations New Delhi: Asian countries led by Singapore took the top seven spots in the latest Programme for International Student Assessment (Pisa) report on problem solving capability among 15-year-old students, released by the Organization for Economic Co-operation and Development (OECD) on Tuesday. "Students from Singapore and (South) Korea have performed best in the first...

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