Experts show how electricity for poor people is possible Is electricity for all a pipe dream? Should we forget about electricity for all until we are able to provide more basic amenities like drinking water, nutritious food, education and healthcare? India is home to the largest number of people without electricity. Half of Indian households do not have access to power, which constitute a third of the world's population without electricity. Though...
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Inflation forecast for India to be scaled up
Tight money policy means more capital inflows: ADB Lower middle class worst affected by inflation Infrastructure development, farm productivity can help With the Wholesale Price Index (WPI)-based overall inflation still hovering at around 10 per cent, the Asian Development Bank (ADB) on Thursday said that it was likely to scale up its inflation forecast for India by the end of September. Speaking to the media after the launch of the ADB's flagship annual statistical...
More »Anirudh Krishna, Economist interviewed by Archana Masih
What are the poor most concerned about? After meeting families in 175 Indian villages in the last decade, Anirudh Krishna, says the poor's greatest worry is their children's future. With a manner of a school teacher, Professor Krishna, who teaches at the Sanford School of public policy at Duke University in the US, has led a team meeting poor families to find out why poverty persists. The research also includes...
More »An embarrassment of riches
The Union government has been widely criticised for letting foodgrain rot in its godowns, while food prices soar and millions remain underfed. In its defence the government has spoken about the fiscal cost of selling these stocks. However, the underlying problem of excessive procurement and overstocking of foodgrain has not received as much attention. The government has claimed that official agencies have been mopping up over 99.5 per cent market...
More »From approval to appraisal
The government’s subtle, but significant, move to divest the Genetic Engineering Approval Committee (GEAC) of its job of approving the genetically modified (GM) products and convert it into merely a GM appraisal body has taken the biotechnology sector by surprise. The Gazette notification to this effect replaces the word “approval” in the committee’s nomenclature with “appraisal”, thus making it the “Genetic Engineering Appraisal Committee”. One obvious reason for doing so...
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