Forced by the Supreme Court to make its research public, the agency that claimed to have conducted feasibility studies on interlinking rivers puts out an incomplete document. Sudhirendar Sharma notes, however, that the politics of this mega-project will keep it alive, despite such incompetence and disregard for regulations.

Despite notoriously variable and low earnings, close to 30% of the male population in Bilaspur's Chingrajpara slum are cycle-rickshaw pullers. Third in the SLUM DIARIES series, Ashima Sood cuts across boundaries to chronicle the forces impinging on the pullers' livelihoods.

In Bilaspur's Saturday vegetable market, loaders complain of interminable waits each day to receive payments as low as Rs 5 from traders and vendors. In this fourth article in our SLUM DIARIES series, Ashima Sood notes that a plethora of labour laws are being flouted, with Chhatisgarh's minimum wages schedule not helping.

The vendors and hawkers of the Chingrajpara slum in Bilaspur are the lynchpin of the slum’s homespun economy. In this seventh article in our SLUM DIARIES series, Ashima Sood notes that operating on small capital outlays, these petty retailers offer a humbling portrait of entrepreneurship in action.

Does the World Bank advocate development, or is it simply a money-lender pushing its loan packages? For too long, the distinction has been blurred, allowing the Bank to make self-serving recommendations. Sudhirendar Sharma notes the latest instance of this as the Bank pushes into water sector reforms in India.

There is now mounting hope that micro finance can be a large scale poverty alleviation tool. Banks too are shedding their old reluctance to lend to the poor, and are looking to tap the expertise of micro credit groups to create a new market. Ramesh Menon reports on the status quo and the challenges ahead.

The establishment's appetite for large dams diminished marginally in the late nineties, but encouraged by the World Bank's low-key decision to restart funding, Indian governments are ready to start building again. But are large dams worth the expenditure? Tarun Jain and Ashima Sood report on the findings of a new research paper.

While some of the handloom sector's troubles come from the relentless march of mechanisation, modernisation and sophistication, there's more to the troubled weavers' plight, says Narasimha Reddy.

The recall of the decommissioned French warship Clemenceau back to France in the wave of protests worldwide opens a great opportunity for India to clean its ship breaking yard in Alang, and improve conditions for its workers. A thorough assessment of facilities at Alang is much needed, notes Ramesh Menon.

The introduction of centralised spinning mills in British times reduced the economic benefit that farmers and weavers could obtain. But now it is being asked, can decentralised cloth-making revive old livelihoods? Surekha Sule reports.

As the state clamps its annual ban on trawl boats along the Kerala coast, an old battle rages again, pitting traditional fishermen against trawl-boat owners who view the occupation quite differently. Each side feels that positive intervention by the state is required. M Suchitra and P N Venugopal report.

After three years after a loan disbursal to the Jindal Thermal Power Company Ltd. (Jindal) for a power project in Karnataka, the public-sector Power Finance Corporation has drawn flak from the Comptroller and Auditor General for having offered undue benefits to Jindal and causing a loss of Rs.13.48 crores to itself. Himanshu Upadhyaya digs deeper.

Vocational training could play a key role in bridging the gap that keeps millions of workers in the unorganised economy away from a better future. The needs of informal sector workers are complex, and mere training for income-generation is seen to be insufficient, writes Varupi Jain.

The economy in the North East is still largely based on subsistence-oriented farming. There is plenty of frustration arising out of inability to meet modern aspirations. What are the options for people to engage in productive work and earn more money? Surekha Sule has more.

A persistent push to develop large-scale rubber plantations as a livelihood alternative to slash-and-burn cultivation by tribals has resulted in a major economic upswing in Tripura. With market prices for rubber well above sustenance levels, the future looks bright too. Ratna Bharali Talukdar reports.

A new policy framework for hydro-electric power seems to have given confidence to private corporations to enter the sector, with a large number of mega projects lined up. But the same policies raise critical questions in relation to equity and access, writes Shripad Dharmadhikary.

The newly announced country assistance strategy for India is the continuation of what the World Bank has been pushing in this country and elsewhere in the last 15 years or so years, with nothing to show for it, writes Shripad Dharmadhikary.

The list of new products that corporate India wants to attach the 'rural' tag to has grown quickly. What is at stake here is more than the survival of India's ambitious, if creative, consumer goods manufacturers, writes Rahul Goswami.

States are demanding a higher share of tax revenue from the Centre, citing the need for development funds as well as flexibility in spending money according to local priorities. Sunil Jain reports.

There is a great shortage of people with employable skills. But vocational training is neither popular nor seen to be offering good job options. The challenge is to overcome this perception, writes Megha Aggarwal.

In theory various rules govern the use of AIBP funds to execute projects. In practice, as the CAG reminds us, money is liberally diverted, and the States and the Centre both look away. Himanshu Upadhyaya reports.

It is tempting to take a rosy-eyed view of the future of successful entrepreneurship at the BOP. But what is the picture really? Richa Govil takes you through some recent stories and the lessons they may hold.

The principal contribution of the Malkha initiative is in its idea of rooting cotton handloom production in the rural economy, much against the trend in urban discourses. Neeta Deshpande reports.

In his latest book, The Wisdom of Ants: A Short History of Economics, with numerous revealing historical arguments and anecdotes, Shankar Jaganathan traces how economics emerged from being a relatively obscure field to a structured discipline that may be used to explain the basis for every aspect of human life and society, writes Satarupa Bhattacharya.

The recent clash between two eminent economists of our times, Amartya Sen and Jagadish Bhagwati, appears to be centred around the Food Security Bill. Shankar Jaganathan provides a historical context to show why their contradictions extend far beyond any isolated issue to a clash between two schools of the discipline itself.

The benefits of providing access to energy and lighting to increasing numbers of the populace are indisputable, but many of the current initiatives to provide cleaner energy rely on corporate partnerships. Darryl D'Monte examines its pros and cons vis-à-vis an alternative model.

With the paradigm of projecting profits as the sole end of business steadily on the wane, Darryl D'Monte reports on developments in the Indian financial sector that indicate a growing thrust on sustainability and social responsibility.

Winner of the 2013 Economics Nobel, Robert J Shiller adds the latest perspective to a long-standing, heated debate on whether Economics can be called a science at all, and if it merits the prestigious award. Shankar Jaganathan recounts the many points of view on the subject.

Non-performing assets in public sector banks have shot up by more than 400 per cent in the last five years, hitting Rs 164000 crore! Shripad Dharmadhikary summarises findings of a research report that unearths the real reasons underlying these bad loans.

The huge number of voters among the youth could well emerge to be the real game-changers in the parliamentary elections of 2014. Tanvi Bhatikar looks at the manifestos of the three main parties to see what they have to lure young voters.

Responsible governance, economic security for the maximum numbers and ecological sustainability are the three key challenges facing the country today. Ashish Kothari deconstructs the Congress, BJP and AAP manifestos to see what these parties promise on these fronts.

The recent ‘secret’ report from the IB accusing select NGOs of scuttling Indian development is not only an unjust indictment of these organisations, but also an insult to the intelligence and voice of the common man. Sakuntala Narasimhan elaborates.

Several recent studies bring out the abysmal deprivation from entitlements among India’s vast internal migrant population. Shambhu Ghatak throws light on the problems faced by migrants and explores if the UID can indeed live up to its promise of making mobility a smoother process.

The redevelopment of port land in Mumbai, dominated by the grandiose proposals of Nitin Gadkari, now rests primarily on the wishes of the Mumbai Port Trust, while it ignores the real needs of the city at large. Darryl D’Monte exposes the contradictions.

The media frenzy over Narendra Modi’s first 100 days in office is complemented by the cheer in markets, but Devinder Sharma sounds a caveat against judging the performance of the government by the standards of markets alone.

Indian cities have neither the funds required to realise their envisaged progress, nor credible systems to ensure effective utilisation of what they have. Srikanth Viswanathan emphasises the need for accountability and more robust financial management by municipal corporations.

S Venkatraman presents an interesting set of charts to capture the movement of the consumer price index and finds that the answer to this question may not be an easy one to arrive at.

The declining participation of labour force in agriculture could have been treated as a natural, inevitable phase in India's transition towards industrialisation, but for the employment trends visible in the industrial sector. Kannan Kasturi’s analysis captures the real cause for worry.

The ruling government has allocated 7,060 crores of rupees for development of smart cities, but do our realities allow for westernised ICT-driven smart cities? Darryl D’Monte dwells on what would really make our cities smart, based on deliberations at the second Urban Age conference.

Much is made out of the proportion of youth in India’s population and what it could mean for its economy and progress. However, statistics and trends in education and employment within this group do not paint a promising picture, points out Kannan Kasturi.

In the non-descript town of Beypore near Kozhikode, skilled artisans have revived in a big way the tradition of making luxury ‘urus’, or dhow-shaped boats, as they find a ready clientele in the royal family of Qatar. Akshatha M visits Beypore.

A recent conference organised by the AICCTU in Bangalore saw more than 5000 contract workers marching in protest against the prevailing work conditions, seeking regularisation of contracts as well as amendments in law. Here’s a list of the primary demands raised by the workers.

It was a Valentine’s Day vow with a difference. The bond between the private seed industry and the public agricultural sector received a fillip at the recently concluded Indian Seed Congress in Agra over the weekend, reports Shalini Bhutani.

Expansion of social security benefits, a focus on infrastructure, easing of fiscal deficit targets and rationalisation of the tax structure - these were some of the most prominent features of Arun Jaitley's budget. A look at some of the provisions.

The Southern region of India is expected to face high energy deficit this year while the Western and Eastern regions will have a surplus of energy generation. Kannan Kasturi explains why this regional skew in energy generation and energy consumption exists and what it will take to resolve it.

India and Africa both share interest in manufacturing, so how will this play out at the ongoing India-Africa Forum Summit (IAFS) in Delhi? And will we see a coherent strategy from the present Indian government for engaging the continent? Anoo Bhuyan looks into these questions and more.

As the countdown for the tenth Ministerial Conference of the WTO to be held in Nairobi, Kenya through 15-18 December commences, Shalini Bhutani emphasises the need for a cautious deliberation on how trade rules affect key sectors and all stakeholders.

The Skill India Mission aims to provide skills training to around 402 million people by the year 2022. In the first of a two-part series, Shambhu Ghatak upholds estimates of skilled workforce from various reports to highlight the yawning gap that needs to be bridged.

In the second and concluding part of his exposition on India’s skill development efforts, Shambhu Ghatak traces the journey under the UPA and NDA governments, only to find that while the thrust remains the same, the end is far from sight.

Demonetisation is primarily about the Rule of Law in our country and the capacity of the state to ensure, and abide by, the Rule of Law, comments Harish Narasappa.