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Joseph E Stiglitz, Nobel laureate interviewed by Pranay Sharma

-Outlook Nobel laureate Joseph E. Stiglitz is one of the world’s leading economists. A former chief economist at the World Bank and currently University Professor at the Columbia Business School, he was recently in India to attend an international conference on development and to promote his new book, The Price of Inequality. He spoke to Pranay Sharma about growing inequality in the world and the challenges facing India. Excerpts: * Your coinage,...

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Guess who paid for Vadra’s Bikaner land? DLF again by Vivek Kaul

-Firstpost.com The floodgates seem to have opened when it comes to news reporting on Robert Vadra and his real estate dealings. DNA today reported that “In a flurry of deals between June 2009 and August 2011, Robert Vadra purchased at least 20 plots of land collectively measuring more than 770 hectares in Rajasthan’s Bikaner district, in a region that would see prices spiraling soon after.” According to the newspaper, “A clutch of...

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Rising food prices kept 8 million Indians chained to poverty: UN report

-The Times of India Rising food prices during 2010-11 may have pushed three million Bangladeshis into poverty, and kept eight million Indians from getting out of poverty bracket, finds a UN report released on Thursday. In Asia and Pacific region, food inflation pushed nearly four million people into poverty. The UN Economic and Social Commission for Asia and the Pacific ( ESCAP) report on regional cooperation for inclusive and sustainable development says...

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No hope of a life of dignity for these bonded labourers -Bindu Shajan Perappadan

-The Hindu Patiala (Punjab): It is an illegal but accepted practice here to employ agricultural labourers and their family against a loan The blaring gurdwara loudspeakers at Punjab’s Gandav village confirmed the worst fears of Jasbir Kaur. They were announcing that the recently-widowed young woman would lose the one-room shed she calls home if she was unable to pay back the Rs. 80,000 her husband had borrowed from the village landowner. With...

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Corruption Undermines Human Rights: SC

-Outlook Corruption is not just an offence but also undermines others human rights leading to systematic economic crimes, the Supreme Court today held. The apex court said a public servant, who is found guilty of corruption, has to be treated as corrupt until he is exonerated by a superior court. "Corruption is not only a punishable offence but also undermines human rights, indirectly violating them, and systematic corruption, is a human rights' violation...

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