Some time ago, newspapers in Britain carried full-page advertisements from the curiously named British Pig Association. This consortium of pig farmers was clamouring publicly that the supermarket chains were squeezing the farmers dry. Alongside them, Britain’s dairy farmers complained that a supermarket cartel was PARIng down their prices, while production costs went up and up. These farmers too have powerful lobbies; they are still in business. To this end, Britain, like...

-PTI   India has become "less equal over time" and earningsinequality in the country has increased significantly since the early 1990s, PARIs-based think tank OECD said today. The observations are a part of OECD's report focusing on inequality patterns and related policy challenges in the emerging economies of India, China, Argentina, Brazil, Indonesia, Russia and South Africa The Organisation for Economic Cooperation and Development (OECD) is a 34-member grouping of mostly advanced nations, that...

China, India, Brazil say a pact must recognize the historical responsibility of nations that caused the problem to act first United Nations (UN) secretary general Ban Ki-moon said a global warming treaty may be ”beyond our reach” this week as India and China rejected pressure for developing nations to adopt mandatory pollution targets. “We must be realistic about the opportunity of a breakthrough in Durban,”” Ban said at UN climate talks...

-Live Mint China nearly doubled its rural poverty threshold last week, in a move that will make an estimated 130 million people (or nearly one-tenth of its total population) eligible for various social support schemes funded by the government. China has now tweaked its poverty line for the fourth time in four years. Poverty lines are not set in stone. They have to be regularly changed. This development comes just as the...

The Mamata Banerjee government is planning to take politics — or at least political symbols — out of panchayats, the foundation on which the Left built the edifice that remained impregnable for 34 years. “We would like to have non-political rural bodies as it would uproot petty politics that often halts development projects in rural areas. If things go as planned, the required amendments in the act would come into force...