-The Business Standard   Or, why our subsidy and tax policies have been almost exactly wrong Thomas Piketty's seminal book on inequality, Capital in the Twenty-First Century, comes at a fortuitous time. Although inequality has been a well-discussed issue in India for some time now, the success of the book contributes by sharpening the debate. It complements the McKinsey Global Institute's (MGI) report titled "From poverty to empowerment: India's imperative for jobs, growth,...

-Live Mint   Recent Maoist violence highlights the conflicts that centre around the model of India's economic growth   New Delhi: The deaths of nine people from violence related directly to the general election-occurring in and around polling booths-are an early warning to the next government that it must start thinking about how to balance economic growth with social justice and equity, experts said.   These deaths-mostly in areas hit by Maoist violence-highlight the conflicts that...

-Down to Earth Studies indicate high food inflation As Met office predicts below normal rainfall because of El Nino this year, a study by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) has projected a 1.75 per cent GDP reduction and loss of hundreds of thousands of jobs in the unskilled sector. The report released recently says that five per cent deficit rainfall forecast by the India Meteorological Department (IMD) will...

-Live Mint   The Musahar communities of eastern UP and Bihar have been unable to escape the trap of desperate poverty India has been conspicuously less successful than many other emerging economies in the scale, speed and depth of its reversal of poverty. But many scholars say that whatever one's measures of poverty, young people on an average have better educational and economic prospects today than those of their parents and grandparents. They...

-DNA   Muzaffarpur (Bihar): Some 30 kms away from Bihar's Muzaffarpur, in Moshari block, peasants sit around a common hookah at a village chaupal after an exhausting day. They sign Maithili folk songs and relating stories of Raj Kishore and Tasleemudin, legendary Naxalite leaders who took on local landlords in the 1960s. This region, along with Naxalbari in neighbouring West Bengal, was the centre of bloody clashes, forcing socialist leader Jai Prakash Narayan...