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True Progressivism

-The Economist A new form of radical centrist politics is needed to tackle inequality without hurting economic growth BY THE end of the 19th century, the first age of globalisation and a spate of new inventions had transformed the world economy. But the “Gilded Age” was also a famously unequal one, with America’s robber barons and Europe’s “Downton Abbey” classes amassing huge wealth: the concept of “conspicuous consumption” dates back to 1899....

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Montek Singh Ahluwalia, Deputy chairman of the Planning Commission interviewed by Live Mint

-Live Mint The deputy chairman of the Planning Commission, in an interview, spoke about the challenges of pushing public health reforms India is likely to finalize a draft Plan document next week to introduce universal health coverage in India. Montek Singh Ahluwalia, deputy chairman of the Planning Commission, spoke in an interview about the challenges of pushing public health reforms with limited resources at hand.  Edited excerpts: * Will the government be able to...

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The era of cheap food may be over-Larry Elliott

-The Guardian A spike in prices caused by poor harvests and rising demand is an apt moment for the west to reassess the wisdom of biofuels The last decade saw the end of cheap oil, the magic growth ingredient for the global economy after the second world war. This summer's increase in maize, wheat and soya bean prices – the third spike in the past five years – suggests the era of...

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Partha S Bhattacharya, Chairman and managing director of Coal India Ltd (CIL) during 2006-2011 interviewed by Arindam Mukherjee

-Outlook Partha S. Bhattacharya, who was the chairman and managing director of Coal India Ltd (CIL) between 2006 and 2011, is credited with turning around the PSU. He spoke to Arindam Mukherjee on the heat and dust generated by the CAG report on allocation of coal blocks to private players. Excerpts: * Should the government allow the private sector into coal mining? There is plenty of coal for everyone. We are, at the...

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World braves one of the worst summers; May temperature second hottest since 1880

-The Economic Times It's not just India that is baking. Globally, this seems to be one of the worst summers in recorded history. The global average temperature for May was the second hottest ever since 1880 - the year records were first compiled -- US National Climatic Data Centre (NCDC) has said. Only 2010 witnessed a worse May.  The NCDC said such a hot May was never recorded in the northern hemisphere.  No...

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