-Al Jazeera UK-based charity says the world's 100 richest people earned enough in 2012 to end global poverty four times over. The world's 100 richest people earned enough money last year to end world extreme poverty four times over, according to a new report released by international rights group and charity Oxfam. The $240 billion net income of the world's 100 richest billionaires would have ended poverty four times over, according to the...

-Economic and Political Weekly Despite many valid recommendations put forward by relevant committees as well as by independent researchers, the public distribution system continues to suffer from several inherent and systemic fl aws. Instead of addressing the problems encountered by the present system, policymakers are again attempting to resort to another version of targeted provisioning. By assessing important implications relating to various dimensions of the proposed National Food Security Bill 2011,...

-Live Mint National Advisory Council seeks an institutional audit of the implementation of the Right to Education programme In yet another signal that the ruling Congress party is getting ready for the next general election, the National Advisory Council (NAC), which sets the social agenda for the Union government, has sought an institutional audit of the implementation of the government’s marquee Right to Education (RTE) programme. NAC is headed by Congress party...

-Live Mint The International Monetary fund (IMF) has warned India against licensing corporate entities to step into the business of commercial banking, saying the risks associated with such a move potentially outweigh the benefits of creating more banks. IMF’s Financial System Stability Assessment Update said it would be prudent for India to first put in place and gain sufficient experience in implementing a comprehensive framework for the purpose before considering the entry...

-The Hindu Farmers are opting for the real estate option due to poor agricultural conditions Pushed by unsettling agricultural conditions and pulled by lucrative real estate deals, farmers across the famed and fertile Cauvery delta in Tamil Nadu are selling their lands to real estate developers. In Amma Chatram, Marudhanallur, Tirunageswarm, Mathur, and in a host of other villages in Thanjavur and adjacent districts, farmlands are being converted to residential plots at...