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Inequality rises in cities and dips in rural India, a plan panel study -Chetan Chauhan

-The Hindustan Times Inequality between the richest and the poorest has risen at a faster rate in cities as compared to rural India raising questions over the impact of UPA government's inclusive growth agenda. It was believed that benefits of liberalisation unveiled in 1992 were more for urban India because of increase in incomes for all classes as compared to rural India. The myth seems have been broken by a new Planning Commission...

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Arctic could be ice-free in summer months, says draft IPCC report -Nitin Sethi

-The Times of India Of all the warnings about dramatic effects of climate change, a leaked draft UN report is the most vigorous in arguing that fears of an ice-free Arctic Ocean in summer months can become a reality if global temperature rises by more than 2 degree Celsius over current levels. The draft copy of the UN's Intergovernmental Panel on Climate Change report says there is a 90-100% chance that the...

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Global wage growth slows despite increases in emerging economies–UN report

-The United Nations Global wages remain far below pre-crisis levels, says a new United Nations report, which points to a continuing slowdown in developed countries alongside increases in emerging economies. The Global Wage Report 2012/13, released today by the International Labour Organization (ILO), shows that global monthly wages grew by 1.2 per cent in 2011, down from three per cent in 2007 and 2.1 per cent in 2010. It also cites huge...

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New UN report finds rate of new HIV infections has fallen by half in 25 countries

-The United Nations A reduction of more than 50 per cent in the rate of new HIV infections has been achieved across 25 low- and middle-income countries – more than half in Africa, the region most affected by HIV – according to a new United Nations report, which shows that unprecedented acceleration in the AIDS response is producing results. “The pace of progress is quickening – what used to take a decade...

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For richer, for poorer-Zanny Minton Beddoes

-The Economist Growing inequality is one of the biggest social, economic and political challenges of our time. But it is not inevitable, says Zanny Minton Beddoes IN 1889, AT the height of America’s first Gilded Age, George Vanderbilt II, grandson of the original railway magnate, set out to build a country estate in the Blue Ridge mountains of North Carolina. He hired the most prominent architect of the time, toured the chateaux...

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