-The Hindu Chennai: India's economic boom in the first decade of the 21st Century coincided with an increase in the magnitude of poverty, economist Prabhat Patnaik said here on Saturday. "There has been a period of positive growth as far as the GDP is concerned. But during this period , there has been an increase in magnitude of absolute poverty," he said. "While the Planning Commission insists that proportion of population below...
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How GDP understates economic growth-Bill Gates
-The Guardian GDP may be an inaccurate indicator in sub-Saharan Africa, which is a concern for those who want to use statistics to help the world's poorest people Even in good financial times, development aid budgets are hardly overflowing. Government leaders and donors must make hard decisions about where to focus their limited resources. How do you decide which countries should get low-cost loans or cheaper vaccines, and which can afford to...
More »Floors Wet With Sweat -Pragya Singh
-Outlook Labour is bought cheap, treated cheap-in India's garment factories as at Bangladeshi ones Even as the world remains morbidly fixated on the tragedy in Rana Plaza on the outskirts of Dhaka-the collapse of the textiles sweatshop three weeks ago buried 1,127 workers and sparked off a global outrage-it is business as usual at India's textile hubs. And you don't have to travel far from the city centre to...
More »Jharkhand Special Police Officers caught in a spiral of violence and retribution-Anumeha Yadav
-The Hindu Khunti (Jharkhand): On the night of April 30, worshippers in the Raja Rani temple in Naurhi village in Adki block near Ranchi were singing, chanting and celebrating the new temple in their village when a group of CPI (Maoists) entered the temple and shot Dilip Acharya, the oldest of the three brothers who built the temple, dead as he lay asleep on the floor. The men then addressed...
More »New drug price regime to alter structure-Ramnath Subbu
-The Hindu The average impact on industry profitability may be around 20 per cent The Indian consumer will benefit under the new Drug Pricing Control Order 2013 (DPCO 2013) which has been notified and will replace the DPCO 1995. The new order will bring 652 drugs under price control and will enable the National Pharmaceutical Pricing Policy 2012 to regulate prices of 348 drugs covered under the National List of Essential Medicines...
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