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...

It is not every day that we have more than 60 million tonnes of foodgrain in our granaries. It must be an achievement, considering we were living literally from ship to mouth even in the 1960s. Unfortunately, what could have been a matter of pride has turned out to be a national shame, that too the second time in this decade (the first was in 2001). As Karl Marx said,...

When former Karnataka Lokayukta N Santosh Hegde recently said that vested interests were controlling the mining industry, he was not exaggerating, considering that India registered over 182,000 cases of illegal mining across 17 states in the last five years alone. The Union government data show that Andhra Pradesh — the single largest contributor to the country’s mineral production of roughly Rs 1,28,000 crore — alone registered a 110 per cent increase...

The Mizoram Government has incurred a loss of Rs 9.66 crore per month for procurement of additional rice at economic price per month. The government has been compelled to procure additional 80,000 quintals of rice per month as the State’s quota, which is based on the 2001 Census, is far from meeting the actual requirement of the present population, including floating population amounting to two lakh, an official statement said today. Based...

The rise in global wheat prices by almost 50% in less than two months as commodity markets factor in a sharp drop in exportable surplus has not touched India, among world’s biggest producers and consumers of wheat. What’s more surprising, domestic futures prices too are unlikely to show any appreciable rise, going by the trend in India’s commodity markets. Barring minor blips, August and September wheat futures at NCDEX, largest exchange for...