-Outlook Recent studies point to two areas where NREGS has had an impact — rural education and Naxalite conflict. "Economics is haunted by more fallacies than any other study known to man."  This rather depressing assessment of the field is the opening sentence of Henry Hazlitt's classic primer, Economics in one lesson. In Hazlitt's view, most economists only measure the immediate impact of their policies. A good economist, Hazlitt contended, looks not merely...

-Economic and Political Weekly The platform known as the JAM Trinity (an acronym for Jan Dhan Yojana, Aadhaar and mobile numbers) may enable a shift from the current Public Distribution System, based on price subsidies, to the direct transfer of benefits. However, it is incorrect to argue that JAM technologies will necessarily lead to the demise of the PDS. State-level experiences of computerisation, recounted here, reveal that the same technologies can...

-The Hindu The production of waste in India is growing at an exponential rate. However, the welfare and dignity of the informal workers involved in the stigmatised sector of waste management remains at the bottom of any government’s political agenda. Human society has always produced waste and always will. Waste materials — substances without value — are constantly generated in all production, all distribution and all consumption processes. The time waste spends...

-Livemint.com/PTI According to a World Bank report, the number of people living in extreme poverty around the world is likely to fall to under 10% of the global population in 2015 Washington: India accounted for the largest number of poor people in any country in 2012, but its poverty rate was lowest among countries having large number of poor population, a latest World Bank report has said. According to the report,...

-DNA The nationwide one day strike according to the trade unions is supposed to be the biggest strike ever in the country. This protest is a strike against the anti-worker economic policies of the government. 10 central trade unions have declared a nation-wide strike on September 2 which is said to impact essential services. This strike is to protest against the changes that have been made in the labour laws by...