ON May 31, when the government announces GDP numbers for 2009-10, for the first time, factories would contribute more to the national income than the country’s farmers, marking a significant shift in the structure of the India economy. That does not, however, diminish the importance of the farm, fisheries and the forest sector because of the disproportionately high percentage of people still engaged in these activities. Neither does it take...

The Indian Electricity Act, 2003, initially envisaged that the appropriate governments shall endeavour to supply electricity to all areas including villages and hamlets (Section 6), thus placing the responsibility for ensuring rural electricity supply on state governments. The UPA-I government amended this section to read as follows after detailed deliberations internally and with opposition parties: the concerned state government and the central government shall jointly endeavour to provide access to...

Prime Minister Manmohan Singh iterated the need to have a larger political consensus on the issue of financing of political parties and elections, replying to a question during his press conference on Monday. But that is merely one, though critical, aspect of the wider need for political reforms in the country. It is an area sorely in need of attention. For, even issues like building infrastructure, investing in health care...

Projecting an 8.5 per cent Economic Growth for the current fiscal, Prime Minister Manmohan Singh on Monday conceded that rising prices had brought distress to the common man, but exuded confidence that the “corrective” efforts of the Centre and the States would bring down inflation to about five or six per cent by the end of December this year. At a press conference here to mark the completion of the UPA-II...

Against the backdrop of allegations about under-utilisation of funds in the Northeast, Prime Minister Manmohan Singh today bemoaned this trend, while claiming that the current Union government has made allocations to the region like never before. “All I can say is that our government has increased very substantially the allocations for the development of infrastructure in the northeastern region. I think the amount of money that we have allocated has...