At least two cases of hunger deaths have been reported from Jabalpur district of MP and Chittorgarh district of Rajasthan in the past few weeks. The two states are run by different political parties-- the BJP and the Congress-- but there is quite a lot common in the victims’ circumstances. Both families were among the poorest in their villages but were not included in the BPL list and both the...
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Unwarranted optimism by Jayati Ghosh
Without policy efforts to deal specifically with issues such as reduced incomes and unemployment, the global economic crisis will be far from over. FOR most economic commentators, 2010 begins on an optimistic note. Just a year ago, there was much gloom about the world economy. The worst financial crisis since the Great Depression had broken out in full fury; asset markets in the United States, Europe and then most developing...
More »Bihar, a growth story by Raj Kumar
Roads “as smooth as Hema Malini’s cheeks” was a promise that Lalu Yadav had once given to the people of Bihar. Ironically, it is his rival Nitish Kumar who seems to be delivering on that front. Despite three years of floods followed by a year of drought, ‘backward and benighted’ Bihar reports a miraculous figure: 11% GDP growth, second only to Gujarat. The state’s economy has never grown so fast...
More »Postpone poverty survey
What sets poverty in India apart is the effort that has gone into defining, measuring, recalibrating, contesting, recounting, refining and disputing its magnitude, nature and, at least, in the case of one protagonist, existence. This exegesis on poverty has been captured in a World Bank volume, The Great Indian Poverty Debate, published before the latest estimates by Prof Suresh Tendulkar kicked off yet another round of heated discussion on the...
More »How Bihar can rise as a developed state by Kailash Nautiyal
It is presumed that the industrial development in Bihar is hampered by lack of investments. Is it because of 'unproductive' government policies or an unpredictable law and order situation? And how to increase the flow of investment in the state? In order to find out answers to all such questions and debate these issues, Business Standard Hindi recently organised a roundtable in Patna. The seminar was attended by various small...
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