-Tehelka With 65 percent of the population below the age of 35, India boasts of an unparalleled generational dividend, but are we turning this potential into a disaster? Avalok Langer spots a ticking time bomb Nutrition & Health* 40% of children in India are malnourished 43% of children in the age group of 12-23 months receive full immunisation 48%+ of children are underweight 50%+ of all deaths under age 5 are related to malnutrition 45% of children...
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Madhya Pradesh topples Bihar, new No. 1 in economic growth -Pradeep Thakur
-The Times of India BJP-led Madhya Pradesh dislodges champion Bihar from its numerouno position in terms of highest growth of gross state domestic product. The provisional data released by the Central Statistical Organisation for 2012-13 for states shows Bihar's growth has slowed, slipping from an impressive 13.26% last year to a single digit 9.48% this year as against 10% clocked by MP. Other backward states have maintained their upward trajectory, with Jharkhand...
More »Singapore stands tall against US in balancing growth with social and economic equity -Joseph Stiglitz
-The New York Times Inequality has been rising in most countries around the world, but it has played out in different ways across countries and regions. The US, it is increasingly recognised, has the sad distinction of being the most unequal advanced country. Singapore, meanwhile, has had the distinction of having prioritised social and economic equity while achieving very high rates of growth over the past 30 years: an example par excellence...
More »Private banks reluctant about rural lending -Dinesh Unnikrishnan
-Live Mint Experts say private banks achieve lending obligations by buying out loans from non-banking entities Most private banks in India have not been able to meet the needs of farmers although they are expanding their rural and semi-urban branch network. This is why the Reserve Bank of India (RBI) is insisting that at least one-fourth of the branches of the new banks that will be given a licence must be located...
More »India’s rich are the problem-CP Chandrasekhar
-The Hindu Even as the Reserve Bank of India (RBI) frets over the high rate of inflation and wards off pressures to cut interest rates, it is faced with another challenge. Balance of payments data for the second quarter of 2012-13 show that the current account deficit continues to rise, and has touched a record 5.4 per cent of GDP. Both of these developments that would be considered signs of “overheating”...
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