-PTI WASHINGTON: The International Monetary Fund today described India's National Food Security Act as a landmark legislation which is an important effort to ensure that a majority of the population has access to adequate quantities of food at affordable prices. "The legislation is a landmark, representing the largest food security programme in the world, involving the distribution of subsidised grain to two-thirds of India's population of 1.2 billion," the IMF said in...

-Outlook Sydney: The OECD today said India needs to address its infrastructure shortfalls and pervasive state control in business activities, among other things, to maintain robust growth. In its 'Going for Growth' report, the Organisation for Economic Co-operation and Development (OECD) called for structural policy reforms to boost growth. "To maintain robust growth, India needs to address its infrastructure shortfalls, pervasive state control in business activities and unequal access to quality education. "It also...

-PTI Opposition parties on Friday disrupted Rajya Sabha demanding a special economic package for seven most backward states including Bihar, Odisha and Uttar Pradesh, leading to an adjournment of the House till noon. Raising the issue, Kiranmay Nanda (SP) said the Central government had failed to provide financial package to the seven most backward states identified in the Raghuram Rajan report. The Rajan panel had in September 2013 recommended a new index of...

A nation's prosperity is determined to a large extent by the health care received by its female population. India's maternal mortality is down but we still have miles to go before we come close to achieving the Millennium Development Goal (MDG) targets (Please see the links and graph below). The latest available figures released by the Office of Registrar General (India) provide some interesting trends on maternal health indicators. It...

-The Business Standard Making the agriculture growth story sustainable Finance Minister P Chidambaram's claim in his interim Budget speech of "stellar performance" of the agriculture sector is based on numbers, though it needs to be analysed from different perspectives to get a true picture. There is no doubt that agricultural gross domestic product may grow by 4.6 per cent this year. The past 10 years' average, too, may work out close to...