Only 400,000 jobs a year were generated during UPA-1, compared with 12 million annually during the NDA’s tenure Key economic data released by the government on Friday shows that the first stint of the Congress-led United Progressive Alliance (UPA) generated a mere 400,000 jobs a year, compared with 12 million jobs annually during the tenure of the Bharatiya Janata Party (BJP)-led coalition, the National Democratic Alliance (NDA). During the period 2004-05 to...

-The Hindu   Deputy Chairman of the Planning Commission Montek Singh Ahluwalia said on Friday that the 12th Five Year Plan, which commences in 2012, would have to contend with a “severe water crisis.” “The water crisis is even more serious than the energy problem,” Dr. Ahluwalia said at a two-day regional consultation meeting of the southern States. Urging for a political consensus on the adoption of the Public Trust Doctrine in the...

Governments can acquire land for “public purpose” while making sure that the displaced are compensated, relocated and rehabilitated. THE violent conflict over land acquisition in Uttar Pradesh and the persisting resistance to land acquisition for the Posco project in Jagatsinghpur district of Orissa are merely recent instances that exemplify the growing stand-off between the Indian state and its people centred on land. On the one side are governments (both Central...

Attempts by the Indian government to combat poverty are not working, according to the World Bank. The governing coalition spends billions of dollars - more than 2% of its gross domestic product - on helping the poor. But a new World Bank report says aid programmes are beset by corruption, bad administration and under-payments. As an example, the report cites grain: only 40% of grain handed out for the poor reaches its intended...

Mass leaders in India have a tradition of broaching BSP —bijli, sadak and pani — issues to strike a chord during election rallies. However, in almost each of her 150-plus rallies across the state in the election season, Mamata Banerjee deviated from the conventional mix and squeezed into her speech phrases like debt burden, public finance and economic recovery. Whether such esoteric terms found resonance or not, Mamata did get across the...