Despite its seminal success in beginning a process of addressing issues of poverty, starvation and empowering the poor, the MGNREGA needed a general election to breathe life into it. However, the disproportionate influence of the middle class on social sector policy has led to the same set of pre-election prejudices resurfacing. "What use is the MGNREGA to the economy at large?" asks the businessman, one eye fixed apprehensively on the share...

The heat on telecom minister A Raja is rising, with the Comptroller and Auditor General holding him personally responsible for the sale of 2G spectrum at dirt cheap rates in 2008, resulting in a loss of up to Rs 1.70 lakh crore to the national exchequer. The damning indictment stacks the odds even higher against Raja, who is already under intense scrutiny by the telecom watchdog, civil society and the Supreme...

Did Posco exaggerate the employment potential of its Rs 50,000 crore plant in Orissa? A group of US-based experts has accused the Korean steel giant and Orissa of fudging statistics on potential jobs to hardsell the integrated steel plant. A paper prepared by Mining Zone Peoples' Solidarity Group — a collection of economic professors and engineers and others based in the US — has unravelled the figures estimated in an NCAER...

The number of people dying from malaria in India has been hugely underestimated, according to new research. The data, published in the Lancet, suggests there are 13 times more malaria deaths in India than the World Health Organization (WHO) estimates. The authors conclude that more than 200,000 deaths per year are caused by malaria. The WHO said the estimate produced by this study appears too high. The research was funded by the US National...

One billion people worldwide still live in extreme poverty Agricultural growth remains central to poverty reduction, as one billion people worldwide continue living in extreme poverty, many of them in rural areas, a World Bank Group on agriculture, the Independent Evaluation Group (IEG), said in a report released on Tuesday. Drawing on the World Bank Group's (WBG) experience in supporting agricultural growth in the past decade, the report — Growth and Productivity...