-Daily News Asia's rapid growth is leaving millions behind, causing a widening gap between rich and poor that threatens to undermine the region's stability, according to a new report from the Asian Development Bank (ADB). "Another 240 million people could have been lifted out of poverty over the past 20 years if inequality had remained stable instead of increasing as it has since the 1990s," said ADB's Chief Economist Changyong Rhee. The Asian...

Difficult times call for difficult measures. Pushed into a corner by an unsustainable fiscal deficit and various sectors and programs (including the proposed food security legislation) screaming for a greater share of the budget pie, the Congress-led United Progressive Alliance (UPA) government in India has been forced to do what it might not have otherwise—reduce its marquee job guarantee scheme’s allocation in a big way for the first time.  In one...

Job card holders say they did not get wages   Residents of villages in Seege Gram Panchayat in Hassan taluk alleged at a social audit meet here on Saturday that there were irregularities in the implementation of schemes under the Mahatma Gandhi National Rural Employment Guarantee Act. The Bangalore-based Association for Social Transparency, Rights and Action (ASTRA), a non-governmental organisation, conducted the audit, and employees from the Department of Rural Development and Panchayat...

-The Economist West Bengal’s populist chief minister is doing badly. Yet she typifies shifts in power in India BUYER’S remorse is common enough in the dusty markets of Kolkata, a delightful if crumbling great city, once known as Calcutta and still capital of the state of West Bengal. Those who buy cheap plastic goods or plaster-of-Paris busts of Rabindranath Tagore, Bengal’s cultural hero, may come to regret their haste. Likewise, many who...

-The Economic Times   Shibu Joseph ( Why I am Quitting my Job, ET, March 29) suggests, tongue-in-cheek, that he should quit the drudgery of corporate life and, instead, enjoy the "freebies" given to the aam aadmi, like the right to work under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA).  I am not going to write on behalf of the crores of people who work in this programme, because I am...