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Food subsidy poses fiscal threat, may not help poor: World Bank

-The Times of India NEW DELHI: Prices of globally traded food declined for the third consecutive quarter since their historical peak in August, 2012, a World Bank report has said but cautioned that uncertain weather conditions and domestic policy decisions such as extension food subsidy programmes in India and other countries need a close watch. Prices of all the three main food categories declined between February and June, 2013. Prices of grains...

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Has India lost the 21st century?-Avalok Langer

-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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IMF forecasts 4.5% growth for India; to lose second fastest-growing economy tag

-The Economic Times India looks all set to cede the moniker of the world's second fastest growing major economy for 2012, a fall from glory for a country that was spoken in the same breath as China for much of the previous decade and even nursed ambitions of upstaging its larger neighbour. The latest global economic growth forecasts from the International Monetary Fund (IMF) have India growing at 4.5% in 2012 (at...

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IMF says India shouldn’t rush to give banking licences to conglomerates-Remya Nair and Asit Ranjan Mishra

-Live Mint The International Monetary fund (IMF) has warned India against licensing corporate entities to step into the business of commercial banking, saying the risks associated with such a move potentially outweigh the benefits of creating more banks. IMF’s Financial System Stability Assessment Update said it would be prudent for India to first put in place and gain sufficient experience in implementing a comprehensive framework for the purpose before considering the entry...

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Our democracy must empower voters-Prashant Bhushan & Atishi Marlena

-The Hindu Instruments that permit people to vote directly on policy and to initiate legislation can ensure that the citizen’s voice is heard   Independent India has been a large-scale experiment in democracy. Unlike many other nations that gained independence from colonial rule but descended into dictatorships and military rule, India has remained a democracy, despite its size and diversity. While we pride ourselves on this achievement, we also need to reflect more...

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