-PTI However, in the corresponding period last year there were as many as 8,215 with a total wealth of $980 bn India is home to as many as 7,730 ultra high net worth (UHNW) individuals whose combined wealth amounts to a whopping $925 billion, says a study. According to the world ultra wealth report 2012-13, by Wealth X, a global wealth intelligence and prospecting company, India has 7,730 UHNW individuals, of which...
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Arif Husain, Deputy Chief of the Food Security Analysis Service in World Food Programme interviewed by WFP podcast team
-World Food Programme Global food prices have taken a worrying turn as drought in the United States causes grain prices to surge. In the latest episode of the Food Factor Podcast, we spoke with WFP’s Deputy Director of Food Security Analysis Arif Husain to find out what the third food-price shock in five years means for the fight against hunger. * What are the main factors behind rising food prices this year? The...
More »Putting Kerala to work-Reetika Khera
-The Hindu Literacy has helped people in the State maximise the benefits of the rural employment guarantee scheme Kerala’s achievements have long been celebrated by development economists — high literacy rates, including among girls, low infant mortality rates and so on. There has also been a spate of writings highlighting the ills of Kerala society. Critics have pointed to the high rates of suicides and feminists have also raised difficult questions. While...
More »World's super-rich hold $32 trillion in offshore tax havens
-Reuters Rich individuals and their families have as much as $32 trillion of hidden financial assets in offshore tax havens, representing up to $280 billion in lost income tax revenues, according to research published on Sunday. The study estimating the extent of global private financial wealth held in offshore accounts - excluding non-financial assets such as real estate, gold, yachts and racehorses - puts the sum at between $21 and $32 trillion. The...
More »PM's speech at the release of the MGNREGA Sameeksha
-Press Information Bureau I am very happy to release the Mahatma Gandhi NREGA Sameeksha, brought out by the Ministry of Rural Development. This is an innovative way of looking at our development programmes. I compliment Shri Jairam Ramesh for taking the initiative to reach out to scholars in different parts of our country to apply their minds to analysis of what is being achieved, what is possible, what is not yet...
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