-Outlook   The author of the surprise international bestseller, Capital, in the 21st Century, thinks that abolishing Income Tax is not a good idea Books on economy rarely move beyond the peer group of economists and their academic circle. But those old presumptions are now being put to the test and the rules are being rewritten from the time 42-year old French economist, Thomas Piketty, went viral. The publication of the English edition...

-The Hindu Business Line   Tells US, others there must be progress in agriculture, industrial goods and services pacts   NEW DELHI: India has said that negotiations on tightening fishery subsidies at the World Trade Organisation (WTO) pushed by the European Union, New Zealand and Chile should take place only after there is substantial progress in the areas of agriculture, industrial goods and services.   Warning against ‘cherry-picking' of issues, the Centre said that the proposal...

-Down to Earth   As India elects new government, the 12th Five Year Plan may no longer be pro-poor MUCH hope is pinned on the 12th Five Year Plan that was declared as the first health Plan by Prime Minister Manmohan Singh. The United Progressive Alliance (UPA) government, while drafting the Plan, also termed it "pro-poor" and promised the maximum budget for social welfare schemes. But as the Plan comes into force this...

-The Indian Express     Mumbai: It's been eight months since the state government launched ‘Manodhairya Yojana', a scheme to provide monetary relief and rehabilitation for rape and acid attack victims, including women and children. But with little advocacy, lack of counsellors in civic-run hospitals, poor post-trauma support as mandated by the scheme, and most importantly, policy apathy, ‘Manodhairya' risks being a laudable scheme just on paper. AAMIR KHAN and TABASSUM BARNAGARWALA speak...

-The Business Standard   A seven-point agenda to fix India's public services, and overcome poorly designed systems India's Achilles Heel remains its inability to deliver public services. India's aspiration to be a global economic power will be unrealised if this remains unsolved. Why is this problem so particularly acute? Is it political interference and corruption, poorly designed programmes and weak administration? Or a much deeper cultural problem of aversion to collective action, often...