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Don’t uncork the bubbly yet! by Paranjoy Guha Thakurta

That the economies of Asia, in particular China, India and Australia, are responsible for whatever growth is currently taking place on the planet is now acknowledged and underlined by the West as well as by multilateral financial agencies like the International Monetary Fund (IMF) and the World Bank. The 3.5 per cent growth in the American economy in the July-September quarter has enthused many into believing that the worst of...

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Lofty goals left unachieved by Jayati Ghosh

For some time now, the Millennium Development Goals (MDGs) have been the organising framework for the activities of international organisations and donor agencies. It is probably not very useful any more to quarrel about their relative lack of ambition, their limited aims and absence of recognition of the structural causes of poverty and inequality. All that is well known; even so, simply because of their wide acceptance, the MDGs have...

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India's single women unite against gender inequities

Breaking decades of silence over unjust social norms, widowed, abandoned and destitute women from different states in India came together at the national capital to launch the National Forum for Single Women's Rights to demand food, healthcare, employment and rights to property. It has been more than eight years since the January 2001 earthquake struck the Indian state of Gujarat, but Hansa Rathore still cannot quite shake off memories of...

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Look East policy comes of age by Sanjaya Baru

The Indo-Asean FTA provides an opportunity to be more engaged with the region This is an important week for Prime Minister Manmohan Singh. Over the weekend, at the Fourth East Asia Summit in Thailand, he will witness the final fruition of the second most important foreign policy initiative he took during his first term in office — the India-Asean Free Trade Agreement. This should ensure he will be in better...

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Shadow of Drought on Delayed Monsoon

A good reason why we must not rejoice the late resumption of monsoon rains is that much of the damage is already done and is irreparable. In over 60 percent of India’s agricultural belt, particularly in the North-Western parts, there will be no rabi harvest. Hence, late arrival of rains hardly mitigates the challenges of lower agricultural production, shrinking of rural purchasing power, high inflation of food prices and loss...

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