-The Hindu India is among the world champions of social underspending. Without enlightened social policies, growth mania is unlikely to deliver more under the new government than it did under the previous one Few people today remember the letter written on August 7, 2013 by Mr. Narendra Modi, then Chief Minister of Gujarat, to Prime Minister Manmohan Singh. In this letter, available on the Bharatiya Janata Party (BJP) website, Mr. Modi criticised...
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Food prices decline for third straight month – UN agency
-The United Nations Global food prices dip for a third consecutive month in June following a ten-month surge, the United Nations agriculture agency said today. The UN Food and Agriculture Organization's (FAO) price index- which measures monthly changes in the global price of a basket of meat, dairy, cereals, oils and fats, and sugar- averaged 206.0 points in June 2014, down 3.8 points (1.8 percent) from May and nearly 6 points (2.8...
More »Three ministries at loggerheads on Aadhaar implementation -Nitin Sethi, Surabhi Agarwal & Sahil Makkar
-The Business Standard The confusion over Aadhaar's future has deepened and, to be resolved, will require ministerial intervention through the next week The turf battle over Aadhaar continues under the National Democratic Alliance government, too. Three ministries have prepared separate Cabinet notes, chartering contradictory courses for the Unique Identification Authority of India (UIDAI). Consequently, the confusion over Aadhaar's future has deepened and, to be resolved, will require ministerial intervention through the next week. The...
More »India’s rainfall patterns changing drastically, say Stanford scientists -Anushka Kaushik
-Down to Earth Longer dry spells and wetter wet spells could spell doom for the Indian agriculture, they warn Tough times are ahead for the Indian agriculture which is highly dependent on the summer monsoon. According to a study by scientists from Stanford University in the United States, there has been a consistent drop in the average seasonal rainfall India receives during the summer monsoon months of July-August. The study also warns...
More »India’s Informal Economy: 400 Million Strong, Little Or No Access To Workplace Benefits -Angelo Young
-International Business Times Consider this: There are 400 million Indians with no access to workplace benefits, such as social security, health insurance or unemployment insurance, a number higher than the population of the United States and Canada combined, according to a Delhi-based group of economic researchers. So, as the United States grapples with growing income inequality, it takes a country like India to put some of those economic and working realities into...
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