The India growth story is enviable. Despite plaguing problems, India has emerged stronger and resilient to the global crisis so far. India is expected to be the world's fastest growing economy by 2018, according to Economist Intelligence Unit (EIU), the research arm of the Economist magazine. India, the second largest growing economy will overtake China as the fastest growing major economy with an average of eight per cent in the...
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Making profit out of 'poverty' by SA Aiyar
Caste proponents say the census must include questions on caste to establish true caste ratios. Opponents say questions on caste are socially divisive. They also raise a behavioural objection: the very announcement of a caste census could encourage people to claim, fraudulently, that they belong to a caste entitled to reservations. This behavioural objection applies as forcefully to surveys for determining poverty. The National Sample Survey Organization conducts periodic surveys on...
More »World must tackle over-consumption of energy, resources, UN panel chair warns
The world is consuming too much energy and materials to sustain itself and the global community must summon the political will to tackle a whole raft of challenges, from mineral extraction to waste recycling to the more than 200 toxic chemicals entering the blood of foetuses, the head of a United Nations commission warned today. The central question is “how to achieve green and equitable growth and development for a growing...
More »In India, Wal-Mart Goes to the Farm by Vikas Bajaj
At first glance, the vegetable patches in this north Indian village look no different from the many small, spare farms that dot the country. But up close, visitors can see some curious experiments: insect traps made with reusable plastic bags; bamboo poles helping bitter gourd grow bigger and straighter; and seedlings germinating from plastic trays under a fine net. These are low-tech innovations, to be sure. But they are crucial...
More »Food inflation at 18% 'unacceptable', says Montek
Planning Commission Deputy Chairman Montek Singh Ahluwalia told NDTV that he expects food inflation to come down to single digits in two to three months. He said that food inflation at 18 per cent levels is “unacceptable” and the government will take drastic steps if inflation doesn't cool in the next two months. He added that potato prices have come down sharply and vegetable prices are also coming down. Higher prices of...
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