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World's super-rich hold $32 trillion in offshore tax havens

-Reuters Rich individuals and their families have as much as $32 trillion of hidden financial assets in offshore tax havens, representing up to $280 billion in lost income tax revenues, according to research published on Sunday.  The study estimating the extent of global private financial wealth held in offshore accounts - excluding non-financial assets such as real estate, gold, yachts and racehorses - puts the sum at between $21 and $32 trillion.  The...

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PM's speech at the release of the MGNREGA Sameeksha

-Press Information Bureau I am very happy to release the Mahatma Gandhi NREGA Sameeksha, brought out by the Ministry of Rural Development. This is an innovative way of looking at our development programmes. I compliment Shri Jairam Ramesh for taking the initiative to reach out to scholars in different parts of our country to apply their minds to analysis of what is being achieved, what is possible, what is not yet...

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The unwanted girl -Anupama Katakam

Census 2011 data bring into the open Maharashtra’s terrible record in sex-selective abortions. In early June, Vijaymala Patekar, a mother of four girls, haemorrhaged to death at a hospital in Parli, Beed district, Maharashtra. She was reportedly in her second trimester of pregnancy. Her family had allegedly forced her to abort the foetus when they learnt it was a girl child. Sudam Munde, the doctor who performed the procedure, fled Parli but...

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The growth model has come undone-Mritiunjoy Mohanty

-The Hindu Unsustainable import competition and the end of the investment subsidy that the sale of under-priced resources provided to Indian companies are the main reasons why the economy has slowed down What has been called the ‘golden age’ of India’s economic growth was underpinned by global integration, high rates of investment and savings growth and low current account deficits. The slowdown is characterised by a sharp deceleration in investment growth on...

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No One Killed Agriculture

-Inclusion.in There is good news. And there’s bad news. The good news first. There’s been a bumper wheat crop and the granaries are overflowing. And the bad news? Where do we begin? A lot of that grain will rot. Millions will still remain hungry. Heavily in debt and distressed, farmers are committing suicide. Food prices are soaring. There’s more… Farmers don’t have money. Their land is too small and isn’t yielding much. Fertilisers and...

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