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India's income inequality has doubled in 20 years

-The Times of India   Inequality in earnings has doubled in India over the last two decades, making it the worst performer on this count of all emerging economies. The top 10% of wage earners now make 12 times more than the bottom 10%, up from a ratio of six in the 1990s. Moreover, wages are not smoothly spread out even through the middle of the distribution. The top 10% of earners make...

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Getting the basics right by Dipankar Gupta

After so many wrongs, the Planning Commission may have just got it right. According to leaked accounts, its universal health coverage proposal may become reality as early as the next five-year Plan. Once this policy is in place, India can legitimately enter the club of welfare states through the front door. Now, at last, it has a scheme that is truly inclusive for it includes us all. When implemented, this measure...

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Last chance to save Kyoto deal at climate talks

-Reuters   Countries will make a last ditch effort to save a dying Kyoto Protocol at global climate talks starting on Monday aimed at cutting thegreenhouse gas emissions blamed by scientists for rising sea levels, intense storms and crop failures. Kyoto, which was adopted in 1997 and entered into force in 2005, commits most developed states to binding emissions targets. The talks are the last chance to set another round of targets...

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Jobs crisis could spark unrest: ILO by Larry Elliott

Coming months ‘crucial' The International Labour Organisation has warned that a jobs crisis caused by the slowdown in the global economy threatens a wave of widespread social unrest engulfing both rich and poor countries. Highlighting the darkening prospects for employment, the Geneva-based ILO said policymakers were running out of time to head off a double-dip recession in labour markets. “We have reached the moment of truth,” said Raymond Torres, director of the...

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Govt mulls comparative study to check ‘misuse’ of RTI

-The Pioneer   The Government may go for a comparative study of RTI in different countries in order to check its misuse. The Government will table Public Procurement Policy Bill and a Bill on electoral reforms to check corruption in the public arena. “Undoubtedly, RTI is being misused…Even judges feel that it is hampering the work of courts in matters of decisions and appointments of judges…We can have comparative study on it,” said...

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