-The Times of India   Is wealth trickling up instead of down? Yes, says rockstar economist Thomas Piketty whose new book proposing a wealth tax on the super rich has sparked off a firestorm. Excerpts from an exclusive interview... His book Capital in the Twenty-First Century has put the spotlight on Thomas Piketty, transforming the Paris School of Economics professor to global superstar. In these troubled times, he highlights a troubling issue:...

-Down to Earth Studies indicate high food inflation As Met office predicts below normal rainfall because of El Nino this year, a study by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) has projected a 1.75 per cent GDP reduction and loss of hundreds of thousands of jobs in the unskilled sector. The report released recently says that five per cent deficit rainfall forecast by the India Meteorological Department (IMD) will...

-IPS News   New Delhi: Bhure Lal, a 33-year-old street-food vendor, has been selling his spicy ‘chaat' outside the New Delhi Railway Station for 15 years. But despite a punishing 12-hour work schedule, and a new law to protect hawkers like him, he doesn't take home enough to feed his family. More than half of Lal's weekly income from the ‘chaat', a lip-smacking pot-pourri that is particularly popular with women, is extorted by...

-The Hindu   Rice, a major crop in Andhra Pradesh, is cultivated using water from borewells, tanks or open wells. Since the crop grows in standing water ground water depletion is usually high especially during summer. In addition to the water shortage, non-availability of labour on time is also increasing the cost of production, forcing farmers to give up rice cultivation citing low productivity and high labour costs as reasons. Different approach A different look...

-The Hindu   The Supreme Court's judgment upholding the validity of Article 21A and the Right to Education Act has gutted the operative provisions of the law While free and compulsory education for all children below the age of 14 has been a constitutional imperative for the government for the last 64 years, it is a matter of fact (and shame) that successive governments have not achieved this yet. The most concerted effort...