'Should you give a man fish, or teach him how to fish?' 'Lurking hidden in the new bout of welfarism seems to be an admission that the State can't deliver for the poor anything other than cash,' notes T N Ninan.
India's monstrous public distribution system ensured that the government, and not private players, became a huge hoarder of food grains.
Official websites of some states haven't been updated for years
'Indian entrepreneurs became traders for Chinese goods rather than producers of goods.'
Expenditure on food articles as a proportion of monthly expenditure is decreasing.
Top per capita producers are the wealthy nations of Europe.
India is already importing 80 per cent of oil and 25 per cent its gas requirements.
India also fares poorly on maternal mortality rate.
Take a look at the 25 best countries for doing business.
China's economy picked up pace notching up 7.4 per cent year on year growth in the first half of 2014, the National Bureau of Statistics (NBS) said on Wednesday.
The country's ranking had jumped from 142nd spot last year.
India is poorer than the world average and so naturally has a greater percentage of poor people and a lower percentage of rich people. Yet using absolute numbers, India has more of almost everything, which is misleading, says Debraj Ray and Maitreesh Ghatak.
Addressing the conference, Chinese Premier Wen Jiabao said as a developing country, China may boast a fairly large economy, but its per capita income ranks around 90th in the world.
Over the past three decades, a global labour market started taking shape.
Global deforestation, destruction of wetlands, dumping of pesticides and fertilizer into waterways, and global warming are all taking a terrible toll on the Earth's fragile water system, writes Dr Nitish Priyadarshi
Over 23 million people were brought above the poverty line in China last year as about 100 million people from rural areas moved to cities for work.
Technology can play an important role in almost every sector of the economy in enhancing productivity and production.
Outlay for cultural activities increased, for social welfare schemes slashed
With the rapid growth of the emerging markets, the global economy is experiencing a seismic shift, points out the latest study by HSBC. Titled, 'The World in 2050', the report highlights that the economic shift is likely to continue.
India's public debt ratio, which remarkably remained stable at around 70 per cent of the GDP since 1991, is projected to jump by 17 percentage points to nearly 90 per cent because of increase in public spending due to COVID-19, the IMF said.
Life in Hong Kong was very different 40 years ago.
The Lok Sabha was adjourned on Wednesday following uproar over fresh poverty estimates released by the Planning Commission, which pegged the poverty line at Rs 28.65 per capita daily consumption in cities. As soon as the House met, National Democratic Alliance convener Sharad Yadav and Communist Party of India leader Prabodh Panda were on their feet, demanding suspension of the Question Hour for a discussion on the latest poverty estimates of the Planning Commission.
For those of us who are interested in the US presidential election, it might be useful to take stock of how well or badly the Obama administration has done on the economic front over the last four years
There are some countries in the world that are really rich.
There seems to be no dearth of funds to fuel this growth, report Peerzada Abrar and Shivani Shinde.
We asked you to tell us your reason for choosing not to vote. This is what our readers shared.
China currently ranks as the world's second-largest economy after the United States.
New York, the financial capital of the world, has emerged as the epicenter of the pandemic. More than 14,000 people have died in the city and over 2,00,000 lakh people have tested positive so far. Neighbouring New Jersey has more than 78,000 cases and 3,800 deaths.
'Uttar Pradesh, our largest state by population and the most powerful, is also the worst governed.'
China on Friday hiked its defence budget to $209 billion, maintaining a single-digit growth for the sixth consecutive year with a 6.8 per cent increase in 2021.
These states make India one of the fastest growing economies in the world.
Even though emerging markets generally do not have the level of market efficiency and strict standards, they are most sought after by investors.
The legislation was passed by 125 votes in favour and 61 against.
China is the world's second-largest economy, after the United States.
Farm activists say low MSP is fine, if salaries revised under the Sixth Pay Commission are lowered.
India's economy has bounced back amazingly from the Covid-19 pandemic and nationwide lockdown over the last one year, but it is not out of the woods yet, according to the World Bank, which in its latest report has predicted that the country's real GDP growth for fiscal year 21/22 could range from 7.5 to 12.5 per cent.
Under attack over the Rs 32 per capita per day (in urban India and Rs 26 per day per person in rural areas) cut off for poverty line, the Planning Commission on Monday distanced itself from the controversial definition presented to the Supreme Court saying it did not represent its views.
Among the major states, Orissa recorded the steepest fall in poverty from 2004-05 to 2009-10.
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