-The Asian Age   Amidst the high voltage campaign to tom-tom Bihar’s achievements for registering an unprecedented growth rate of 13.13 per cent for the year-2011-12, there exists a dark story. Almost half of the state’s population still lives below poverty line (BPL). According to sources in the Planning Commission, the background note, prepared by the panel for the Plan (2012-13) discussion with Bihar chief minister Nitish Kumar on Wednesday, around 48 per...

-Down to Earth World is moving towards natural capital as a measure of economic growth After using gross domestic product, or GDP, as the universal measurement of economy for six decades, the world has begun looking beyond this gold standard for measuring a country’s economy. On May 25, 10 African countries agreed to incorporate their natural capital, or value of their natural resources, into their national accounts to make better economic decisions. The...

If proof is needed of a policy paralysis, a recent official admission that poverty cannot be eradicated by 2020 cannot be dismissed out of hand. That this follows the Planning Commission's estimate of a rapid decline in poverty over the period 2004-05 and 2009-10 is not just intriguing but arguably schizophrenic. The former is utterly pessimistic while the latter is optimistic notwithstanding dubious price adjustments designed to deliver a favourable...

A scientific and public scrutiny of the Methodology used by the expert panel will only add to the efforts to save the Western Ghats. On May 23, the Ministry of Environment and Forests (MoEF) posted the report of the Western Ghats Ecology Expert Panel (WGEEP) on its website honouring a landmark judgment of the Central Information Commission triggered by an activist seeking access to the material. In this judgment, the CIC...

-The Hindu States told to have contingency plans ready, post-delay in onset in Kerala   Agriculture experts and officials are closely monitoring the advance of the southwest monsoon, which is crucial not only for the important summer kharif crop but also the socio-economic wellbeing of the country. There are apprehensions that with farm growth having slowed down in the pre-wheat harvest quarter to 1.7 per cent, if the monsoon were to be deficient, then...