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End this quibbling over poverty figures -PP Sangal

-The Hindu Business Line The Rangarajan panel has added to the confusion. Let's have one final committee to set things right There is constant confusion in India over BPL (below poverty line) figures proffered by different agencies. The latest is the debate over the Rangarajan Committee's estimates, as against the assessment of the Tendulkar Committee. The difference in their estimates is due to variation in the parameters adopted. In other words, the definition...

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The other illiteracy-Ramachandra Guha

-The Telegraph In her recent book, Green Wars, the environmental journalist Bahar Dutt, writes: "The editor of a leading media house, everytime I pitched a green story, would invariably complain: ‘Environmentalism is stalling growth; all I am interested in is double-digit growth for this country.'" The idea that environmental protection and economic progress are at odds is widely held among India's elite. It is shared by newspaper editors, economists, businessmen, and, not...

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Why buying cows is just like investing in stocks -Pramit Bhattacharya

-Live Mint The return on cows and buffaloes, like that of many stocks traded on Wall Street, is positive in some years and negative in others This is one piece of news that would please Dinanath Batra and his cow-loving fans: Recent research by a team of economists show that rural Indians investing in cows and buffaloes may be acting quite rationally, overturning earlier research by another set of economists which showed...

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Undervalued riches of top 1% point to greater global inequality -Jeanna Smialek

-Live Mint Research shows the wealth of the super-affluent-hidden by tax shelters and non-response to questionnaires-is undercounted Washington: The 1% is literally rich beyond measure, depriving nations of billions in tax revenue and obscuring shifts in global inequality. Research conducted separately by European Central Bank (ECB) economist Philip Vermeulen and the London School of Economics' Gabriel Zucman shows the wealth of the super-affluent-hidden by tax shelters and non-response to questionnaires-is under-counted. Correcting...

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Maharashtra crosses 60,000 farm suicides -P Sainath

-PSainath.org At least ten farmers have killed themselves every day, on average, for a straight ten years in the rich state of Maharashtra. Nation-wide the farm suicides total nears the 300,000-mark, as the data of the National Crime Records Bureau show. At least 3,146 farmers committed suicide in Maharashtra in 2013, the latest data of the National Crime Records Bureau (NCRB) show. That brings the total number of farmers taking their own...

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