Hyderabad has been seeing a spurt in construction activity whose benefits are not exactly trickling down to daily wage workers. Safia Sircar finds out why.

Solutions to crises in the informal economy should encourage entrepreneurship, but also recognise that a large portion of the shadow economy is downgraded labour.

An audit of construction contracts handled by the Rajasthan irrigation department finds that expenditure often exceeds budgets and bypasses rules. Himanshu Upadhyaya reports.

Surekha Sule contrasts the transgenic research of ICRISAT with the self-dependence of women farmers in Zaheerabad, AP.

Large water management projects are often announced with much fanfare, but as an audit of Gujarat's implementation shows, they're more likely to steer money towards other ends, and leave the taxpayers holding the bill for the benefits that have been diverted elsewhere. Himanshu Upadhyaya reports.

Allocations in the annual budget are the real indicators of the government's priorities. It is by studying these that we can really judge how committed the administration is to the goals proclaimed publicly. Jacob John examines Budget 2005 and finds a yawning gap between promises made and the money approved to achieve them.

Although the government has spent large sums of money tackling problems, most social and economic indicators in the country are far short of the goals. Jaydeep Biswas and Debashish Sircar say we need better interim assessments of how money is spent, and social infrastructure to complement physical nation-building.

Can the small-time retail shop's employee or the truck operator's handyman claim more job protection than his wage labour counterpart? In this sixth article in our SLUM DIARIES series, Ashima Sood notes that the labour law framework is no more a friend of the small establishment's employee than it is of the casual labourer.

Financial audits of public undertakings can be conducted as in other firms, but how about audits of their administration? Himanshu Upadhyaya observes that the government's move to limit the CAG's mandate confuses financial scrutiny with oversight of governance issues, and the public auditor's role in the latter function is still vital.

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.

Can transgenic cotton ever be a livelihood security measure for the majority of India's small-holder farmers? Keya Acharya is circumspect. She says that the Bt cotton story in India is one of confusion. Bt appears more to favour 'rich' farmers, who have access to water, better resources, and alternative support.

Crores of taxpayer rupees are spent by government institutes each year on fisheries technology and research. How much does this impact the lives of the average fish hawkers who vend on foot? Is there any impact at all? M Suchitra visited one Kerala hawker, at a coastal village near Kochi.

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.

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.

Moments after a customer approaches this cart, the vendor pours tender coconut juice into a funnel-like part. Chilled juice comes out of a stainless steel tap below, filling a 250 ml glass, for Rs.10. Shree Padre reports about Fruit Hut Beverages, a Hyderabad-based firm that has launched the Coco Fresco brand.

The origins of today's law for land acquisition for SEZs act can be traced to 1824, when the British colonial power felt the need to codify the undisguised forcible seizure of land. While colonial rule has long gone, the unjust application of the principle of eminent domain remains, writes Kannan Kasturi.

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.

Against the wishes of the local people, and even the State government, a salt factory is proposed to be established on land that has been used freely by 20,000 villagers for decades. In the face of shifting politics, the residents are determined that they will protect their livelihoods. Aparna Pallavi reports.

The Indian economy is creating millions of varied job opportunities. Despite this, scores of educated youth are not readily employable and face a grim future. Companies are struggling to find and retain talent. Ramesh Menon on the challenges.

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.

As the heaps of pineappples grow bigger, prices will go down drastically from Rs.5 to Rs.2 and finally to 50 paise per pineapple, says Priyalal Sharma, a Tripura grower, who has also started rubber plantation in some portion of his land. Ratna Bharali Talukdar reports.

There is an urgent need for reliable and transparent consumer price indices that covers the large majority of Indian families, from the poorest upwards. Kannan Kasturi reports.

A conference on September 14-16 this year at New Delhi will bring together political decision makers, representatives from entrepreneurial associations and corporate partners, and civil society to discuss growth in Asia. It is backed by Germany's Federal Ministry for Economic Cooperation and Development, and the Planning Commission of India.

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.

The 260-km Sharda Sahayak canal took 32 years to complete, and cost almost 20 times the original estimate. It irrigates only half the area it was supposed to, and has created untold suffering along its path. Puja Awasthi reports.

To check corruption under the MGNREGA, the Centre is routing funds through banks and POs. But this has resulted in delayed payment and loss of faith in the system among people. Pradeep Baisakh argues the case for the earlier cash payment system.

The government's new plans to boost manufacturing in the country look quite similar to its earlier promises made when SEZs were set up. But there are a few lessons to be learned from that experiment, writes Kannan Kasturi.

A massive tide of migration to metropolitan areas is changing the form and function of cities before our eyes, but not always in the manner that planners expect.

Art blends with life through the tradition of woodcraft in Etikoppaka, but the need to sustain livelihoods is ever-present. Neeta Deshpande reports.

Far from subsidising the public, governments made the aam admi bear a substantial part of their expenditure on the production and sale of fuels, writes Kannan Kasturi.

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.

While government and other sector actors are on the alert to address the power crisis, some find a business opportunity in it. Meanwhile, attention to rural supply continues to be low, write Sreekumar N and Shantanu Dixit.

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.

It is time for the Union Budget 2013. Shankar Jaganathan argues why, in an economy such as India, despite the general public vote against taxes, raising the tax-to-GDP ratio is more critical than restraint in fiscal spending.

The relationship between professionals such as doctors, lawyers and teachers and the society they serve is increasingly and radically changing. The reasons behind the same, however, may go deeper than the obvious mercenary tendencies of the former. Shankar Jaganathan ruminates.

The recent plummet of the Indian rupee has elicited alarmist cries from different quarters, but what does it really augur? Shankar Jaganathan provides a historical perspective on relative currency movements to help analyse its possible implications.

Of the abundant quantities of jackfruit grown in India annually, an estimated 70 per cent rots away, due to lack of awareness and difficulties of usage. Now, a joint initiative by an academic institute and a farmers' group seeks to change that. Shrikrishna D reports.

While the government's food security scheme has come under attack by many for its economic non-viability, Shankar Jaganathan argues that it may actually be both desirable and feasible if its reach is expanded.

It is certainly not because of mere demand-supply mismatch. Kannan Kasturi deconstructs the supply chain dynamics and credit linkages in the vegetable markets to show how these, coupled with government impotence, have led to uncontrolled, spiralling inflation.

The agreement between the Kandla Port Trust in Gujarat and the Adani Port & Special Economic Zone Ltd appears set to be passed without the kind of environment impact assessment mandated for an eco-sensitive zone such as this. Kanchi Kohli reports.

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 findings of a recent study by scholars at the University of Oxford point to the adverse outcomes and poor economic returns associated with large dam projects. Amruta Pradhan summarises the findings and shows how they have been consistently borne out by empirical observations in Maharashtra.

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.

As the country eagerly awaits the new government’s maiden budget, Shankar Jaganathan evokes the realities of the Indian economy to provide a reference framework within which to judge the Jaitley budget.

The excitement leading up to the budget was almost feverish, but it turned out to be a staid affair in the end. Here's a round-up of some of the key provisions of Arun Jaitley’s maiden budget, presented in Parliament on 10 July.

The erstwhile UPA government’s Food Security Act, now set to be implemented by the present government, could mean unendurable strain for the country’s public distribution framework. P V Rajeev spells out better alternatives to explore.

The thrust on ‘smart cities’ by PM Narendra Modi has been impossible to miss since he took over the reins. Sujaya Rathi and Shrimoyee Bhattacharya look at critical considerations to be made at the pilot stage of the evolutionary journey towards such urban centres.