Backward States Fuel Growth
India’s backward states are growing fast, proving that good economics can be good politics as well The fall in India’s GDP growth to just 6.5% in 2011-12 has caused much moaning and groaning, along with
India’s backward states are growing fast, proving that good economics can be good politics as well The fall in India’s GDP growth to just 6.5% in 2011-12 has caused much moaning and groaning, along with
Most political parties and media have passionately supported the Supreme Court ruling in the 2G spectrum case, that the government should auction natural resources and not allot them or allow unregulated
As a condition for funding European bailouts, Brics should demand the slashing of huge farm subsidies The IMF wants to increase its lending capacity by $1 trillion, to rescue distressed countries in the
DROUGHT usually means electoral defeat for incumbent governments. So does double-digit inflation.
Great disasters occur constantly. The Asian financial crisis blasted the miracle economies of Asia. The Great Recession of 2007-09 led to the bankruptcy/rescue of the five top investment banks on Wall Street, the biggest bank (Citibank), the biggest insurance company (AIG), the biggest auto manufacturer (General Motors) and the biggest mortgage underwriters (Fannie Mae and Freddie Mac).
India, with its huge share of exports and foreign investment in GDP, is more sensitive than ever to the global economy. Hence, India may not average more than 7.5-8% growth in the next five years, says Swaminathan S Anklesaria Aiyar.
That Himalayan glaciers have not been melting at an alarming rate as claimed by the IPCC dents the body
The economy
Establishment scientists are only human, and can be expected to spin everything and anything to prove that they did deserve the award. That seems to them more worthwhile than scientific truth, says Swaminathan S Anklesaria Aiyar.
Ensure public goods to the poor