Experts at a discussion on "Two decades of economic reforms: The way forward", organized by CII, Bihar state centre, said the economic reforms had not lessened the urban-rural divide; hence rural people could not generate substantial demand in the economy, though the savings rate enhanced in the last two decades. Director, Asian Development Research Institute, P P Ghosh, said the savings rate had increased from 12% in 1951 to 35%...

July is a month when we need to remind ourselves how reforms have changed India since 1991, from vulnerability to resilience, whether to external shocks (say, oil) or internal ones (droughts). In 2009, we witnessed the worst drought since 1972, yet the agricultural growth rate stayed positive (0.4%), nor did we resort to any major cereal imports. And in 2010-11, we are likely to have a record harvest of 241 million...

Developing countries will now have to battle IP issues related to new agricultural technologies at WIPO instead of WTO The World Intellectual Property Organization has announced clearly that it intends to play a role—and considering the clout WIPO enjoys it implies a significant part—in promoting intellectual property (IP) in agriculture to enhance productivity. The UN body stepped into this touchy arena with a seminar at its Geneva headquarters that has gone...

As higher urbanisation has long-term consequences for governance, the latest numbers should serve as a heads-up to the planners. More Indians are moving into towns now. According to the 2011 Census, the urban population grew by 90.99 million between 2001 and 2011. The absolute increase in the rural population over this period was 90.47 million. Put differently, urban population grew by 31.8 per cent, a little over two-and-a-half times the corresponding...

The Indian media have grown rapidly in scale, reach, influence, and revenues. But all stakeholders must realise that the ethical underpinning of professional journalism in the country has weakened and that the corrosion of public life in our country has impacted journalism. So what needs to be done? We have been witness in recent years to rapid, and unprecedented, changes in our society, economy, and polity. These have also transformed the...