-BBC   Forced labour generates illegal profits of at least $150bn (£90bn; 110bn euros) a year, a study by the International Labour Organization (ILO) says. The profits are far higher than previous estimates and the ILO wants governments to tackle the problem. Some 21 million people worldwide are in forced labour, it says, with migrant workers most vulnerable. Over half of all forced labourers work in Asia, with 18% in Africa and almost 10% in...

-The Business Standard   Or, why our subsidy and tax policies have been almost exactly wrong Thomas Piketty's seminal book on inequality, Capital in the Twenty-First Century, comes at a fortuitous time. Although inequality has been a well-discussed issue in India for some time now, the success of the book contributes by sharpening the debate. It complements the McKinsey Global Institute's (MGI) report titled "From poverty to empowerment: India's imperative for jobs, growth,...

-Live Mint   Recent Maoist violence highlights the conflicts that centre around the model of India's economic growth   New Delhi: The deaths of nine people from violence related directly to the general election-occurring in and around polling booths-are an early warning to the next government that it must start thinking about how to balance economic growth with social justice and equity, experts said.   These deaths-mostly in areas hit by Maoist violence-highlight the conflicts that...

-Economic and Political Weekly This article challenges the prevailing view that the diminished electoral prospects of the United Progressive Alliance government is the result of neglecting growth to launch populist welfare schemes. It looks at a wide range of economic indicators to argue that compared to the National Democratic Alliance regime, the UPA period has been characterised by faster growth, higher savings and investment, growing foreign trade and capital infl ows,...

-The Times of India DEHRADUN: Apparently taking a cue from the Aam Admi Party (AAP) government's recently launched helpline in Delhi for complaints against corrupt officials; the Uttarakhand government has come up with a similar helpline for dealing with illegal mining in the hill state. With this, Uttarakhand has become the only state in the country to have a dedicated helpline for complaints against illegal mining. The Uttarakhand Special Mining Vigilance Force...