Despite its slackening industry, the common perception of West Bengal as a backward state has little substance when one looks at the facts. Most of us are conditioned to view economic development in terms of industrialisation. While industrialisation is essential for economic transformation, it is not as if economic growth is not possible without it. The sectoral structure of India's gross domestic product (GDP) and its slow transformation makes a good...

The Group of Ministers tasked to suggest ways to curb corruption in public life is weighing a constitutional amendment to fast-track the trials of officials indicted for graft. Sources said changes could be incorporated in Article 311 of the Constitution (dealing with dismissal, removal or demotion of government officials) to provide for summary proceedings in cases of grave misdemeanour or blatant corruption. Also under consideration are amendments to the Prevention of Corruption...

Even though the Central Government agreed to link the wages paid under MG-NREGA to the Consumer Price Index for Agricultural Labourers (CPIAL), it shied away from paying statutory minimum wages in various states of India. Their logic for this: Lack of clarity on who will bear the extra financial burden—the Centre or the states? A letter from the Prime Minister Manmohan Singh to UPA and NAC Chairperson Sonia Gandhi dated 31...

To promote organic farming in Uttar Pradesh, industry body Assocham has decided to adopt five districts in the state. “The Assocham has decided to develop five districts in UP as organic districts and a delegation of the association will soon meet chief minister Mayawati in this regard,” its general secretary D S Rawat told PTI. He said under the plan, training will be imparted to farmers of these districts, besides promoting medium...

Describing black money stashed away abroad by Indians as “pure and simple theft of national money”, the Supreme Court on Wednesday questioned the Centre's approach to tackling this menace and retrieving the huge amount kept in foreign banks. “Mind-boggling crime” When Solicitor-General Gopal Subramaniam furnished in a sealed cover a list of 26 names who had accounts with Liechtenstein Bank, a Bench of Justice B. Sudershan Reddy and Justice S.S. Nijjar was...