With India growing faster than almost every other large Economy, the government is right to address its long-run challenges. The push for investment in infrastructure is bearing fruit and the expansion of social programmes such as the National Rural Employment Guarantee Act (NREGA) and the Right to Education Act (RTE) is spreading the benefits of growth across the population. But just as improved infrastructure doesn’t eliminate all traffic jams, rapid growth...

The new food security schemes point to the capacity of agriculture to produce more when the incentives are right. Supply of cheap foodgrains will trigger demand for other food products, which the farm sector will have to meet. The many rural development programmes in operation have complex effects on the rural Economy. Programmes such as Bharat Nirman are expected to improve connectivity of markets, provide access to more efficient sources of...

It was one comment from finance minister Pranab Mukherjee that almost blunted Left's persuasive arguments for increasing the minimum wages under the National Rural Employment Guarantee Scheme during the Question Hour in Rajya Sabha on Tuesday. As Mukherjee was explaining how the scheme had increased the purchasing power of the people and said that the wage approved by the Parliament was Rs 100, Brinda Karat of CPM intervened to say...

Investing around $1.3 trillion – or two per cent of global gross domestic product (GDP) – into ten key sectors can kick-start a transition towards a low-carbon, resource-efficient 'green Economy' that can also help reduce poverty, says a new United Nations report launched today. The UN Environment Programme (UNEP) presented the report, “Towards a Green Economy: Pathways to Sustainable Development and Poverty Eradication,” to environment ministers from over 100 countries at...

To many, ecology clearances coming in quick succession first for the 12-million-tonne steel project, including a captive power complex and a minor port that the South Korean Posco is diligently pursuing for close to six years and then for SAIL’s three mining leases at Chiria in Jharkhand appear as history bending revolutions. This is because the ministry of environment and forests, led by environment zealot Jairam Ramesh was till the...