-PTI NEW DELHI: The alleged chit fund scam in West Bengal involving the Saradha Group revolves around a total sum of Rs 2,460 crore with 80 per cent of the depositors' monies still remaining unpaid, a latest investigation report has revealed. The report also states that the arrested Saradha chairman Sudipta Sen was in "total control" of all deposits made by his group companies, which are under the scanner for having perpetrated...
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Roads and mobile phones have taken India's growth to Bharat-Neelkanth Mishra
-The Economic Times Sometimes, putting one and one together does make 11, but many of us seem hardwired in our thoughts to assume rural income growth is a zero-sum game. For example, some people believe subsidies have driven the 15-20 per cent a-year growth in rural wages over the last five years. They come up with "explanations", including "people are selling land and consuming", "rising minimum support prices", and "NREGA is...
More »Where knowledge is poor-Krishna Kumar
-The Hindu The role of education in reducing poverty is widely recognised but our planners are yet to realise how the impoverished struggle with a learning process that is unresponsive to their needs In a society where poverty is far more common than prosperity, one would expect the implications of poverty for education to be widely recognised. What we find, instead, is that poverty is seldom mentioned directly in policy documents on...
More »Economic divide widens in IITs, two distinct groups emerge -Hemali Chhapia
-The Times of India MUMBAI: Students making it to India's best public engineering colleges this session might have more to tackle than study pressure. Making for a sharp economic divide on campus, two large cohorts of students in the class of 2017 in the IITs are from the upper middle classes and from the lower income groups. This year, one out of every five students (over 20%) who qualified disclosed that the...
More »Manual scavenging: The worst job in India; PS: it’s illegal too- Ashwaq Masoodi
-Live Mint ‘Give me any job... but please take me out of this hell', says 57-year-old Saraswati, a manual scavenger New Delhi: Saraswati doesn't remember the last time her bare hands touched the statues of the gods lying on a shaky wooden plank in a corner of her one-room house in Farrukhnagar village of Ghaziabad district. She doesn't remember the last time she prayed or fasted. She says every part of her body...
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