-The United Nations A new United Nations report advocates that governments use fiscal and labour market policies to reduce income inequality, maintaining that this not only leads to social benefits but will spur economic growth and development. Produced by the UN Conference on Trade and Development (UNCTAD), the Trade and Development Report 2012 says that recent experience, especially in Latin America and other developing countries, suggests that progressive taxation and rising public...

-The Economic Times The government has revived its efforts to get Trinamool Congress on board its plans to ease foreign investment rules for civil aviation and muti-brand retail. Civil aviation minister Ajit Singh is expected to discuss the issue of allowing foreign airlines to buy stake in Indian carriers with chief minister Mamata Banerjee on September 14. Government leaders had tried to work out a consensus on the two issues at the...

-First Post A lot has been written in recent weeks about crony capitalism, but an important issue for the media to introspect over is this: can this happen without significant amounts of crony journalism? When media companies begin to think they can run coal plants, surely this compromises them (Lokmat Group, DB Corp). When political parties think they ought to own media houses or be aligned to one (YSR Congress’ Sakshi, the...

-Live Mint NAC wants Rashtriya Swasthya Bima Yojna to be absorbed into new policy for universal health coverage  The National Advisory Council (NAC), which sets the policy agenda for the Congress party led United Progressive Alliance (UPA) government, wants the Rashtriya Swasthya Bima Yojna (RSBY) insurance scheme to be absorbed into the new policy for universal health coverage (UHC), taking the latter closer to realization.   This is part of the government’s bid to move...

-PTI Expressing concern over high rehabilitation and resettlement (R&R) cost to be incurred by industry in the proposed Land Acquisition Bill, Ficci today asked the government to make changes in the provision. Without such changes it will not be viable for the industry to acquire or purchase land for manufacturing or infrastructure, the industry body said. "The current R&R provisions of the Bill will put an unfavourable burden on the industry as it...