-The Hindu However, the country’s value increased 61 per cent from 1980 to 2012 India has been ranked 136 among 187 countries evaluated for human development index (HDI) — a measure for assessing progress in life expectancy, access to knowledge and a decent standard of living or gross national income per capita. The Human Development Report of the United Nations Development Programme (UNDP) for 2013, released on Thursday, puts India’s HDI value for...
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Abandoning the Right to Food-Ankita Aggarwal and Harsh Mander
-Economic and Political Weekly The proposed legislation on the National Food Security Act has been steadily watered down since it was fi rst mooted in 2009. The Parliamentary Standing Committee that examined the 2011 Bill has disappointingly continued with "targeting". If the government passes the bill incorporating the committee's suggestions, a historic opportunity to combat hunger and malnutrition would be lost. Ankita Aggarwal (aggarwal.ankita87@gmail.com) is a Research Scholar at the Centre for...
More »China pledges to narrow income gap
-Al Jazeera Widening wealth gap in Beijing has stoked concerns over its impact on political and social stability. The Chinese government has issued a pledge to narrow the widening income gap between rich and poor, which includes raising its minimum wage and requiring state companies to turn over more profits to pay for social programmes. The pledge on Tuesday promised more spending on health, education and job training but gave few details and...
More »Understanding FDI in Retail: What Can Economic Principles Teach Us? -Abhirup Sarkar
-Economic and Political Weekly The recent debate on the acceptability of foreign direct investment in the retail sector in India has been mostly political. It is necessary to look into the pros and cons of FDI in retail from a purely economic point of view. This article identifi es the safeguards that should be undertaken before allowing giant multinationals to function in the country. Abhirup Sarkar (abhirup@isical.ac.in) is with the Indian Statistical...
More »Clinical trial relief norms flawed -Rema Nagarajan
-The Times of India The new Central Drug Standards Control Organisation (CDSCO) guidelines meant to help calculate compensation in case of clinical trial related injury or death in a fair and equitable manner seem to be loaded against the very people it is meant to help. The guidelines suggest a formula based on the income of the injured or dead person along with age and severity of disease. Such a formula raises...
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