India achieved record annual GDP growth, averaging 8.45%, in the five years, 2004-05 to 2008-09. But was this inclusive, and did it benefit the poor masses? We have no data on poverty beyond 2004-05. But the CSO has current data on the economic growth of the states. Historically, the chronically poor states were Orissa plus the BIMARU quartet (Bihar, Madhya Pradesh, Rajasthan, Uttar Pradesh), of which three have been sub-divided....

Food prices have shot up by more than 20 per cent in the course of the past 12 months. A vast proportion of the nation is being battered by the price rise — the fixed income group, the working classes, landless peasantry and small farmers who have to buy at least a part of the grains they consume from the market. There is, however, no upheaval among the suffering people....

Seven months into its second innings in power, UPA-2’s report card on key target schemes is just about average. Initiatives like Rajiv Awas Yojana are yet to be fully formulated while some others like the western dedicated rail corridor are stalled and a few other schemes are suffering from end-user glitches. A year-end review of flagship programmes, now scanned by PMO’s delivery monitoring unit apart from Cabinet Secretariat, has highlighted...

The Indian economy should recover from the recession caused by the global meltdown. India’s exposure to the world economy is quite limited. It is mainly through the exports market and partly through foreign investment flows either as equity or debt capital that financed private investment. The extent of the dependence, however, is quite low. The recession in the exports market affects only few sectors, such as textile and labour-intensive manufactures...

Five years after the massive Indian Ocean tsunami, which left a devastating trail of death and destruction, millions of people have benefited from the influx of aid by rebuilding stronger infrastructure, social services and disaster warning systems than existed before the catastrophe, according to the United Nations agencies at the core of the recovery effort. The largest emergency relief response in history was prompted by the earthquake off the coast...