Category Archives: Economy

While the world’s wealthiest nations made lofty promises to better the lives of the world’s poorest nations, at the G8 summit in 2005, an analysis of their policies on trade, aid, the environment and immigration by the Center for Global … Continue reading →

India is on the cusp of reforming its vast social-security programmes, a cornerstone of the present government’s political foundations and an expensive gamble on which the UPA stakes its future. This year (2010-11) the government will spend Rs 1.36 lakh … Continue reading →

Emerging India either does not know or ignores the statistics: Half its children are malnourished, a record worse than the world’s symbol for deprivation, sub-Saharan Africa. In 2009, India was ranked 66th of 88 countries in the Global Hunger Index … Continue reading →

Poverty levels are said to have dropped dramatically in countries that provide direct cash instead of subsidies to the poor. Will such a system work in India? A number of schemes in India like the public distribution system (PDS) that … Continue reading →

The Economic Survey 2010-11 is positive on the macroeconomy without glossing over the challenges. The economy’s resilience is seen in its ability to withstand two shocks in quick succession. The ripple effects of the global economic crisis (2007-09) that devastated … Continue reading →

The Economic Survey 2010-11 has advised the government to carry out nearly a dozen reforms pertaining to various sectors of the economy and stressed that action in this regard would be necessary to achieve the 9 per cent GDP (gross … Continue reading →

Barring inflation which continues to remain the government’s “priority” concern, the Economic Survey 2010-11 on Friday painted quite a rosy macroeconomic scenario projecting a robust GDP (gross domestic product) expansion of nine per cent (+/- 0.25%) next fiscal — reverting … Continue reading →

In 2000, world leaders from United Nations member states envisioned a new world for the third millennium and charted what came to be known as the Millenium Development Goals (MDGs). In a candid interview, Minar Pimple, Deputy Director Asia, UN … Continue reading →

GOING BY the peaks reached by the Sensex every time there is a natural calamity, the Indian stock market is in for exciting times, it seems. Echoing the findings of the Intergovernmental Panel on Climate Change (IPCC), a recent report … Continue reading →

AMARTYA SEN A comparitive development saga of India to the rest of the world by Prof Amartya Sen..