-Live Mint   If anything, the UPA has been punished by the voters for moving away from its core agenda of entitlement-based politics The victory of the Bharatiya Janata Party (BJP) in the 2014 elections will remain a watershed moment for Indian democracy in many ways than one. Coming at a time when the economy is in a serious mess, the victory of the BJP and the defeat of the Congress party and...

-The Business Standard   Or, why our subsidy and tax policies have been almost exactly wrong Thomas Piketty's seminal book on inequality, Capital in the Twenty-First Century, comes at a fortuitous time. Although inequality has been a well-discussed issue in India for some time now, the success of the book contributes by sharpening the debate. It complements the McKinsey Global Institute's (MGI) report titled "From poverty to empowerment: India's imperative for jobs, growth,...

-Financial Chronicle   Forecasts on possible monsoon behaviour are not very encouraging. There is a possibility of El Nino factors causing further problems. More recently, our farmers in parts of north and central India experienced the fury of hailstorms and heavy rains. Climate change further complicates the possibility of providing accurate advance estimates of monsoon behaviour. This is not only true in our country, but also around the world. California, for example,...

-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 Business Standard   Study also says MGNREGA workers spent almost 21 minute less in collecting each payment made electronically compared with manual transfer Even as the United Progressive Alliance (UPA) government has put on hold its ambitious unique identification (UID) code-linked cash transfer programme, a study by noted economists Karthik Muralidharan, Paul Niehaus and Sandip Sukhtankar shows that leakage of funds allocated for the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA)...