-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...

Farmers are joining India Inc in mind, body and spirit. In a quiet revolution underway across the countryside, growers are setting up companies, replete with balance sheets, professional CEOs, board of directors, and Income Tax returns.  By pooling together the land and produce of their shareholders, these companies are signing lucrative deals with large retail chains, food companies and exporters keen to establish reliable supply chains. As many as 200 companies...

Expenditure incurred on advertisements to be recorded in ‘shadow expenditure register' Advertisements inserted by candidates contesting the forthcoming Assembly elections in Uttar Pradesh will have to be signed by them as well as by two witnesses in order to differentiate these from paid news and deter the candidates from having their way. The district election officers would ensure that the expenditure incurred on the advertisements was recorded in the ‘shadow expenditure register',...

India ranks a dismal 134 among 187 countries in terms of human development index in the UNDP's latest Human Development Report. Against this bleak backdrop, the bugle of caution is rightly sounded by the United Nations Development Programme (UNDP) in its latest Human Development Report (HDR), released in Copenhagen on November 2 jointly by Danish Prime Minister Helle Thorning-Schmidt and UNDP Administrator Helen Clark. As the international community is busy preparing...

All non-government organizations (NGOs), which receive donations from the public or receive foreign funds in excess of Rs 10 lakh, could come under the ambit of the Lokpal, according to the recommendations of the parliamentary panel on citizens' ombudsman's draft report. Significantly, this provision will allow NGOs run by activists like Anna Hazare, Arvind Kejriwal and Kiran Bedi and other Team Anna members to come under the anti-corruption watchdog.  If accepted...