-The Hindu Since 2005-06, taxes and duties for the corporate world and the rich have been written off at the rate of Rs.7 million a minute on average. Duties waived on gold and diamonds in the last 36 months equal the 2G scam amount Forbes has just added an “errata” to Union Finance Minister P. Chidambaram’s budget speech. The Minister had found a mere 42,800 people in the country with a taxable...
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India, other developing nations drive global economic growth: UN -Arlene Chang
-First Post While the average Human Development Index (HDI) for the region is 0.558, below the world average of 0.693, South Asia saw the highest growth in the index between 2000 and 2012, according to the United Nations Human Development Report 2013. The region registered an annual growth of 1.43 percent in HDI, the highest compared to other regions. It also said that the developing countries as a whole are driving the...
More »Andre Beteille walks away from edu panel as Raju begins recast -Anubhuti Vishnoi
-The Indian Express Andre Beteille, one of India’s most celebrated sociologists, has dissociated himself from the proposed Second Education Commission which he was to head. HRD Minister Pallam Raju’s attempt at recasting the commission, with new terms of reference and possibly some new members, is said to have prompted Professor Beteille’s exit, sources said. The commission, proposed by Raju’s predecessor Kapil Sibal to formulate a new education policy in line with the massive changes in...
More »Ajay Chhibber, Regional Director of the UNDP interviewed by Arlene Chang
-First Post In an interview with Firstpost, Ajay Chhibber, Regional Director of the UNDP, tells us why India ranks low on the Human Development Index, below China, Sri Lanka and Iran, what we need to do to improve our standing and why welfare schemes are not to be blamed for poor growth or inflation. Excerpts from the interview: * Why does India lag other BRIC countries in the HDI ratings? Compared to the other...
More »We Have Created Path for Permanent Development: UP CM
-Outlook Lucknow: Uttar Pradesh Chief Minister Akhilesh Yadav, who today completed one year in office, claimed that his government has created 'path for permanent development' of the state and people's faith in democracy has increased. "We can claim that in the last one year we have created path for the permanent development of the state. The government has worked in every sector and taken the state forward," Akhilesh said here on the...
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