-IANS   They may not be starving, but by American standards some 46.2 million people live in poverty today, more than at any other time in American history, erasing gains made in reducing poverty during the 1990s, according to a new study.  Compared to the 1990s they are more likely to be white, live in the Midwest, have a high school diploma and own a home, according to shows, the Brookings Institution, a...

-The Economist   A maverick minister lays into a hallowed programme IT LOOKS like risky politics for Jairam Ramesh, who runs India’s biggest civilian ministry, in charge of rural development, to lash out at his own government’s flagship welfare scheme. Mr Ramesh, who got his cabinet post in July, has sparked a row in the past week over corruption and poor results within a public programme that guarantees 100 days of paid work...

The pointlessness of the debate over Indian measures of poverty becomes clear when we look at the country’s human development record. If per capita real incomes have risen so well during the last two decades since reforms were introduced, surely that should mean better lives for most Indians. Forget about catching up with China, there is increasing evidence of India falling behind Bangladesh in terms of key human development indicators...

-Reuters Cotton farmer Ravindra Krishna Patil in Maharashtra should be feeling flush after strong monsoon rains and a good crop, but high costs have cast a pall over his preparations for the festive season. Instead of splashing out on gold jewellery, appliances or maybe even a car during the biggest shopping season of the year, 28-year-old Patil must count his rupees after costs of everything from fuel to labour soared while cotton...

-Reuters   Red-hot food inflation that has vexed policy makers around the world seemed to take a breather last month, when corn and wheat prices tumbled on reports that crop shortages were easing. The sell-off was also driven by global economic worries that prompted funds to exit grains in droves. But prices are climbing again, and have already made up half of June's losses. The sell-off masked an unnerving reality: The world remains...