-The Indian Express The National Sample Survey has found that the poorest 10 per cent of India’s urban population lives on Rs 23.40 per day while their rural counterparts make do with even less at Rs 16.78. “The poorest 10 per cent of India’s rural population had an average monthly per capita expenditure (MPCE) of Rs 503.49 per month,” the survey found. In the last round of the NSS for 2009-10, the...
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Amartya Sen, Nobel laureate interviewed by Sagarika Ghose
Nobel laureate Amartya Sen believes that Team Anna's reading of corruption or what causes corruption or how it can removed is wrong, and that they need to look at how the economic system operates. In an exclusive interview with CNN-IBN Deputy Editor Sagarika Ghose, Nobel laureate Amartya Sen said that instead of fasting and protesting, one should try and change the systems that provided incentives for corruption. Below is the transcript of...
More »Uttar Pradesh cabinet keeps Lokayukta outside RTI Act ambit
-The Times of India LUCKNOW: The Akhilesh Yadav cabinet on Tuesday approved a proposal to put the office of Lokayukta outside the RTI Act purview. The cabinet said there was a need to maintain secrecy while investigating corruption charges against officials. Since the office of the Lokayukta functions as an investigating agency, any queries about ongoing investigations can hamper probes, the government said. In its election manifesto, the Samajwadi Party had promised...
More »How the political class has looted India-AG Noorani
-The Hindu “Study these four men washing down the steps of this unpalatable Bombay hotel. The first pours water from a bucket, the second scratches the tiles with a twig broom, the third uses a rag to slop the dirty water down the steps into another bucket, which is held by the fourth. After they have passed, the steps are as dirty as before… They are not required to clean,” but...
More »Delayed monsoon powers sales of inverters, batteries-Sarita C Singh
-The Economic Times Sales of inverters and batteries jumped about 30% for the quarter to June, as a delayed monsoon pushed up power consumption in energy-deficient India. Manufacturers of power backup systems say they expect good profits this year, as the increase in sales will offset the rise in input costs due to a weak rupee. The country's largest battery maker Exide Industries said growth was robust despite a 4%-5% rise in prices....
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