-TheGoan.net As had been anticipated, on October 18, the Cabinet Committee of Economic Affairs chaired by Prime Minister Narendra Modi decided to decontrol the prices of diesel, the most widely-used petroleum product in the country. Riding on an unexpected fall in world prices of crude oil, the government was able to simultaneously announce a sharp fall in consumer prices of diesel by Rs 3.37 per litre (in Delhi). But the decision...
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Stolen generation -Rekha Dixit
-The Week Shambhu Kumar, 8, quite liked his job as a domestic help in a small town in Assam. He had to mind two children nearly his age, keep an eye on the ducks and be available for chores all day. It wasn't too hard, and he was well fed, too, though he missed his grandmother, a tea garden labourer. One day, some women from the state education department came to the...
More »Of Millstones, Milestones & Millionaires -P Sainath and Ananya Mukherjee
-GRIST Media If hard work and enterprise inevitably made you prosperous, every rural woman would be a millionaire. These women have borne the brunt of the radical, often brutal transformation of rural India these past two decades. Our writers examine the hardships they continue to face as well as their remarkable vision to solve some of the greatest problems of our times such as food security, environmental justice and developing a...
More »Internal remittances need focus -Jairam Ramesh
-Livemint Less than a third of internal remittances flow through formal institutional channels (like banks) and this where the use of Aadhaar can have a major positive impact India is the largest recipient of remittances from its workers abroad. It received close to $70 billion in 2013-14, which was about a not-insubstantial 3.5% of GDP (gross domestic product). About 30% of these remittances are from West Asia and another 30% or so...
More »World Bank on upward mobility into India’s new middle class -Manas Chakravarty
-Livemint A study shows there has been considerable upward mobility among both the poor and vulnerable sections of the population One of the reasons for the drubbing given to the Congress in the recent national and state elections is the disenchantment of the so-called neo middle class with its policies. A recent World Bank paper (Addressing Inequality in South Asia by Martin Rama, Tara Béteille, Yue Li, Pradeep K. Mitra and John...
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