A good wheat crop this season is likely to ease the near double digit inflation in the next 2-3 months, Planning Commission Deputy Chairman Montek Singh Ahluwalia said today. "This season very good harvest (wheat) is coming in. There is ample stock of foodgrain in the country. So the inflation psychology would be broken," Ahluwalia told reporters here. The wholesale price index (WPI) is currently nearing the double-digit mark, with the March-end...

Nearly 65% of class V students in rural areas of Tamil Nadu can’t read even a class II textbook in their mother tongue, 45% don’t know subtraction and nearly 81% can’t read simple English sentences, the Annual Status of Education Report for 2009, compiled by Delhi-based NGO Pratham Foundation, has revealed. The findings of the survey, which had a sample size of 33,000 students in both private and government schools,...

Around two decades ago, Lawrence Summers, then World Bank chief economist, outraged many when he argued in an internal memo that the economic logic behind dumping toxic waste in low-wage countries was “impeccable”. His rationale: less developed countries are “under-polluted” and that “foregone earnings from increased morbidity and mortality” would be lesser in countries with lower wages. Cut to now and the thing to ask is: does India too believe...

Various estimates of the extra cost to the government for an improved food security Bill are doing the rounds, but many agree the Union government’s proposed food subsidy bill would double. The proposed Bill offers 25 kg per family per month at Rs 3 a kg, to only families below the poverty line, or about 84 million households. Activists are insisting this be raised to 35 kg a family and to...

India’s story in the global gender gap review is a little good news followed by a lot of bad news. The good news first: The 73rd (Panchayat) amendment to the Constitution, passed in 1993, has brought over one million women at the grassroots into the political system. Another shining indicator relates to the female head of government. Sixteen of the last 50 years were occupied by a female in the...