The mainstream projections about India’s economic trajectory talk of how the country’s GDP will exceed that of Japan (whose economy today is more than thrice India’s size) by 2020. A large part of this sustained growth, it is assumed, will come from what is called the demographic dividend. India’s young and growing workforce, the standard argument goes, will ensure that the country’s wage rates keep it competitive for a long...

Proposal to set up mega food park in each State Three boards to be set up to promote processing of fisheries, soybean and guar gum Food processing industry accounts for 14 per cent of the total industrial output The Food Processing Ministry will give priority to farmers, self-help groups and women for providing grant-in-aid in setting up food processing enterprises. It has also identified Bihar, Orissa, Madhya Pradesh, Chhattisgarh and Jammu and Kashmir...

Wazirpur, the North Delhi village that recently witnessed three suspected honour killings, is only a stone’s throw away from a big, flashy glass-and-steel mall in the middle-class neighbourhood of Ashok Vihar. But, given the extreme brutality of the recent case, it may as well be a million miles away. Like most urban villages in the Capital, Wazirpur’s economy was at one point completely dependent on agriculture. In 1950, as the...

Built into the economic dogma of growth first is the ingrained notion held by large segments of the nation's elite that the fabric of inequality is meant to remain unimpaired.  “The Challenge of Employment in India; An Informal Economy Perspective” sums up the findings of a National Commission set up in September 2004 to review the status of the unorganised/ínformal sector in India (Volume I Main Report and volume II...

The Bhopal judgment suggests that were a nuclear disaster to be caused by an operator's negligence, they might be held criminally liable for little more than a traffic accident. The world was watching a trial court in Bhopal on Monday, as the Chief Judicial Magistrate ruled on the criminal responsibility for the gas leak at the Union Carbide factory in 1984. Twenty six years after the event, 178 prosecution witnesses...