Paul A. Samuelson, the first American Nobel laureate in economics and the foremost academic economist of the 20th century, died Sunday at his home in Belmont, Mass. He was 94. His death was announced by the Massachusetts Institute of Technology, which Samuelson helped build into one of the world’s great centres of graduate education in economics. In receiving the Nobel Prize in 1970, Samuelson was credited with transforming his discipline...
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Rallying against hunger by Chandni Mehta
In a year of sparse rains and spiralling food prices, with hundreds of districts being officially declared as drought-hit, a rally by activists in the capital demands a Food Entitlements Act. Perhaps the most vocal demands at the rally were those aimed at a complete revamp of the Public Distribution System (PDS), starting with universal — instead of targeted — coverage. Over 5,000 grassroots activists, agricultural workers, farmers, lawyers, doctors and...
More »Nod for Bill to give higher compensation for workers in case of injury or death by Gargi Parsai
Funeral aid is proposed to be raised from Rs. 2,500 to Rs. 5,000 In case of death, compensation to go up from Rs. 80,000 to Rs. 1.2 lakh The Rajya Sabha on Tuesday unanimously approved, by voice vote, the Workmen’s Compensation (Amendment) Bill, 2009, that seeks to give higher compensation to workers and their families in the event of injury or death. It empowers the Centre to enhance the compensation and funeral...
More »Towards a happier state by SL Rao
Non-governmental organizations are making a difference to the lives of poor and marginalized people in India. Most work in geographically limited areas. They are idealistic and want change, and hope to enter the lives of those they work with. Funding agencies and NGOs are enthused by any sign of change in the long-failed state of Bihar. A virulent and discriminatory caste system that deprives the lower castes even of government-funded...
More »If words were food, nobody would go hungry
“THE world’s attention is back on your cause.” That was Bill Gates talking to agricultural scientists gathered recently to honour the late Norman Borlaug, father of the Green Revolution. The tycoon-turned-philanthropist was right. This week, the world—in the guise of 60-odd heads of state including the pope—held the first United Nations food summit since 2002. As the world’s attention turns from the receding financial crisis, it is switching to one...
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