Peruvian economist Hernando de Soto turned classical capitalism on its head with his trickle-up theory: that if you create wealth at the bottom of the pyramid, it will find its way up. de Soto, president of the Institute for Liberty and Democracy, speaks to The Indian Express Editor-in-Chief Shekhar Gupta on NDTV’s Walk the Talk on the need for the poor to be able to participate in the global economy...

Troubles continue for the government's dream project Unique Identification Authority of India (UIDAI). Already battling a staff crunch, its request for Rs 7,000 crore to roll out 60 crore UID numbers in the first phase has been shot down by the Empowered Finance Committee (EFC). "The EFC is understood to have refused to entertain the request of the UIDAI for Rs 7,000 crore to execute the first phase of the ambitious...

The fraught issue of introduction of Bt Brinjal has been shelved but all eyes are now set on the controversial Seed Bill 2010, likely to be tabled in the monsoon session of Parliament beginning July 26. The bill aims to regulate the quality of seeds for sale, import and export and to facilitate production and supply of seeds of quality, but fails to address a crucial issue — seed pricing....

Finance Minister Pranab Mukherjee today said that the government will enact a legislation to provide subsidised wheat and rice to poor, but to make it a success there is a need to boost production and strengthen delivery system. "We are committed to ensure Food Security Act and to make successful, we need to produce more, procure more and strengthen delivery mechanism for making accessible and affordable," Mukherjee said while addressing...

Every year, India adds the population of Australia to its already staggering ranks of 116.1 crore people. Every 10 years, we add the population of Brazil — the fifth most populous country in the world. As yet another World Population Day comes around on July 11, and India stands poised to eclipse China as the most populous country of the world, the government is gingerly attempting to bring incentive-based family planning...