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Realty sector: Getting the foundation right

-The Indian Express As several steps taken by the Centre for the sector hangs fire, clarity and implementation of ‘Housing for All’ scheme would be the key for its success. The Union Cabinet approved its flagship ‘Housing for All’ scheme this week, with a 2022 target and a renewed emphasis on the low-income group categories by way of relaxed income limits and higher interest subvention. While the government seems to have struck...

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Over 8,000 Children Working in Delhi Garment Factories: Report

-Outlook New Delhi: Over 8,000 children are working in garment factories in different parts of the national capital, an NGO report has revealed. The report, titled 'The Hidden Workforce', by NGO Save the Children, was today released by Delhi Minister for Women and Child Development Sandeep Kumar. According to the report, over 8,000 children are engaged in the booming garment industry and up to 70 per cent of them could be girls. The highest...

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Food intake dynamics undergo changes: NSSO

Gujarat, which is hailed as a role model of growth and development, witnessed the lowest calorie intake per person per day in rural areas among the 17 major states of India during 2011-12. This has been revealed by the 68th round National Sample Survey report entitled Nutritional Intake in India 2011-12 (See chart 1). It can be inferred from the NSSO report that except Haryana, Punjab and Rajasthan, the daily...

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Varun Gauri, Senior Economist, Development Research Group at the World Bank, interviewed by Anjuli Bhargava

-Business Standard The World Bank's latest report "Mind, Society and Behaviour" calls for re-designing development policy based on a more realistic understanding of how human beings think and behave. The lead author of the report, Varun Gauri, was in New Delhi and spoke to Anjuli Bhargava on the thinking behind the report and what India can do with it. Edited excerpts: * Right from the cover design to the title, this report...

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India's rich got richer under UPA-II, will get wealthier under Modi govt

-Hindustan Times In signs of rising disparity in wealth distribution, only 928 households own a fifth of India's private wealth, according to a report by the Boston consulting group. The percentage of private financial wealth those 928 households own is 20%, the BCG report titled 'Global Wealth 2015: Winning the Growth Game' said. The number of such ultra high net worth households stood at 284 in 2013, and is projected to account for...

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