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Rise in natural resources prices appears to be hurting poor nations-UN report

-The United Nations A sustained rise in prices for raw natural resources and basic agricultural goods is defying long-standing patterns and appears to be hurting poor nations through rising food and fuel costs more than it is helping them through higher revenues for their commodities exports.   That was one of the findings of the Commodities and Development Report 2012, a study launched at the 13th session of the UN Conference on Trade...

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Public goods as the way to welfare-Pulapre Balakrishnan

There is evidence to show that growth is slowly becoming inclusive. But for the quality of life to improve, incomes must be complemented by infrastructure. For close to at least five years now inclusive growth has had a central place in the official discourse on the economy. The UPA II has itself worn its self-proclaimed success in delivering an inclusive growth as a badge of its effectiveness, not to mention its...

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Matching a measure to its meaning by Ashima Goyal

Statistics can abet illusions, unless properly understood and used. The debates on poverty line and budget deficits reflect a lack of understanding of the meaning and purpose of these measures. India has been recently witness to furious debates on measures of poverty and budget deficits. Any measure can be used only for the purpose it is designed for. The debates in the present cases were furious, because preconceptions and emotions were...

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The schools are now open

-The Hindu Now that the Supreme Court has upheld the constitutional validity of the Right of Children to Free and Compulsory Education Act, 2009, the Centre and the States must do their utmost to provide eight years of good quality schooling to all children. The unsuccessful challenge to the Act, which went into effect on April 1, 2010, came from unaided private school managements who are required to set apart 25...

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People can deposit fallow and uncultivated land in government land banks to garner money-Devika Banerji

People with agricultural land that they do not wish to cultivate will soon have the option of depositing it in government land banks that will offer them consistent monetary returns. With an incentive system broadly on the lines of a bank account, the public land bank will offer payments based on the tenure and size of the holding with additional benefits if the land is leased out. "A lot of land is...

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