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India home to 1 in 3 of the world's poor in 2011

-The Business Standard World Bank-IMF study, however, says pace of reduction in absolute poverty has been substantial; report stresses skills training for youth India was home to about a third of the world's poor in 2011, according to a progress report on various social indicators from the World Bank and the International Monetary Fund (IMF), issued on Wednesday. In other words, the highest number of the poor lived in India in...

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India's 93.2% quandary at WTO -Soumya Kanti Ghosh

-The Business Standard WTO reconvenes to re-examine issue of agriculture subsidies, numbers alone suggest that India has a strong case for declining to sign WTO's TFA The World Trade Organisation (WTO) is reconvening in the last week of September to examine the issue of agricultural subsidies against the backdrop of India's refusal to become a signatory to the trade facilitation agreement (TFA) at Bali. Since then, a lot of water has flowed...

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A lame duck Schedule of the Constitution -Bhupinder Singh

-Down to Earth The true potential of the Fifth Schedule was diluted right at its conception Incontrovertibly, the object of creating the Fifth Schedule was to make a special instrument for the welfare and advancement of the Scheduled Tribes. It was formulated for the implementation of the Directive Principle that the State shall promote with special care the educational and economic interests of ...... the Schedules Tribes, and shall protect them from...

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Making labour the fall guy -Latha Jishnu

-Down to Earth   BJP thinks undoing labour laws will spur a manufacturing boom. Even now workers enjoy little protection or social security In recent weeks, the pink press has been singing paeans to a new star in the political firmament, one whom they see as a worthy disciple of the man who gave us the "Gujarat model" of development. The media's new discovery is none other than Vasundhara Raje, the Rajasthan...

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Planning Commission replacement shouldn't allocate funds, say experts -Sanjeeb Mukherjee

-The Business Standard The new institution could play the role of a 'think tank' A high-level meeting to frame a new body to replace the Planning Commission is learnt to have arrived at a broad consensus that allocation of Plan funds should not be the domain of the new entity but of the finance ministry. The new institution, it was agreed, could play the role of a "think tank". Officials in the...

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