-The Hindu “The purpose of a Budget – and the job of a Finance Minister,” P. Chidambaram declared in his speech, “is to create the economic space and find the resources to achieve the socio economic objectives.” Now that the presentation of and the spate of initial responses to the budget are behind us, it may be appropriate to ask how far the Minister went in accomplishing his self-defined task. Mr. Chidambaram...

-The Asian Age Sonia Gandhi’s economic and political ideology may have apparently triumphed over that of Manmohan Singh. The neo-liberal finance minister Palaniappan Chidambaram may be conveying an impression that he’s turned socialist with a vengeance by increasing taxes on the rich in the run-up to the 16th general elections. But the truth is that Mr Chidambaram has made certain assumptions about subsidies, inflation and the expected growth of gross domestic product...

-PTI Calling Amartya Sen the "greatest humanist" and a "great thinker", French President Francois Hollande today bestowed his country's highest decoration on the Nobel Prize-winning celebrated economist for his contributions to Economics and philosophy. Conferring 'Commandeur de la Legion d'Honneur' (Legion of Honour) after delivering the Madhavrao Scindia Memorial Lecture here, Hollande lavished praise on Sen and quoted extensively from his works that speak about problems faced by the poorest sections of...

-The Business Standard The Nobel laureate says neglecting children is not only unjust but also an economic blunder Nobel laureate Amartya Sen said the National Food Security Bill needs to be strengthened to include children’s entitlements. According to him, the Bill, in the current form, neglects children. He pointed out that there are powerful lobbies for diesel and LPG subsidies, and even for exemptions of custom duties on gold imports. However, nobody is...

-The Hindu Hyderabad: An anti-poverty project to transform the lives of ultra poor families has failed to make an impact and increase the net income of the targeted families in Medak district in the State at the end of four years. The project sponsored by the World Bank and the Ford Foundation was aimed at graduating 426 households from extreme poverty to a more stable state by enabling them establish micro-enterprises through...