-The Times of India   Is wealth trickling up instead of down? Yes, says rockstar economist Thomas Piketty whose new book proposing a wealth tax on the super rich has sparked off a firestorm. Excerpts from an exclusive interview... His book Capital in the Twenty-First Century has put the spotlight on Thomas Piketty, transforming the Paris School of Economics professor to global superstar. In these troubled times, he highlights a troubling issue:...

-The Hindu   While migrant labourers see price rise as their primary concern, they still rate caste and religion as determining factors in their voting decision After the rural poor, farmers and the urban middle class, political parties are now seeking to make a vote bank out of migrant manufacturing labourers. The Bharatiya Janata Party's election manifesto promises the concept of "Industry Family" between workers and factory owners, but does not elaborate on...

-The Indian Express   The UPA has done well to bring rights-based social welfare schemes to the forefront. All opinion polls suggest that the UPA has only a few weeks left in office. After 10 years as prime minister - this gives him the third position in terms of longevity as head of government after Jawaharlal Nehru and Indira Gandhi - what is going through Manmohan Singh's mind as he contemplates retirement from...

-Live Mint   FDI in retail and modernization of agriculture are two faces of the same coin In the season of elections animal spirits rule. India's equity markets have been ebullient for some time now. Spurred by a robust inflow of foreign investment capital, markets have reacted favourably. A lot now depends on the ability of the next government to enact meaningful structural reforms, especially in a sector such as agriculture that requires...

It seems that a long-drawn-out battle among economists about economic growth trickling down into development has found some solid answer. A recent paper published in the Lancet Global Health journal (April, 2014), which has been jointly written by a team of experts based on evidence from 121 Demographic and Health Surveys from 36 low-income and middle-income countries shows that there exists little or no association between increases in per capita...