-The Telegraph The sudden arrest of Amway India's top brass on Monday has focused the spotlight on the crumbling fault lines and the grey areas in the demarcation between some of the world's best-known direct selling companies and the dodgy Ponzi schemes that promise huge returns to gullible investors and have lately grabbed all the sensational headlines in Bengal. William S. Pinckney, managing director of Amway India, and two directors of the...
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Rural India in decline-Niranjan Rajadhyaksha
-Live Mint The varying demographic trends in modern India could create disagreements in the political system There were 180 million more Indians in 2011 than a decade ago. Around half this increase in population came from the villages and half from the cities. The urban population actually grew slightly more than the rural population, perhaps for the first time in Indian history. The big picture is generally known. It is in the...
More »India has a problem with inequality, and it won't be solved easily-Kunal Kumar Kundu
-The Business Standard Why government policy and jobless growth have let inequality worsen in recent times The Forbes list of billionaires features 55 Indians in 2013. The estimated net worth of only the top ten is $102.1 billion or approximately 5.5 per cent of India's gross domestic product. Paradoxically, every third poor person and every second malnourished child in the world is also an Indian. India also adds 7.5 million babies with...
More »Inflation spoils UPA’s report card -Sidhartha
-The Times of India NEW DELHI: For a man who prides himself as being the "original reformer", PM Manmohan Singh did not mention the word "reforms" even once in his speech on the ninth anniversary of UPA. And, it was only once that he talked of inflation. It was hardly surprising given that reforms do not seem to be on his radar in view of the tough political environment and inflation is...
More »Growth falters as UPA completes 4-years in office -Surojit Gupta
-The Times of India NEW DELHI: The second tenure of the UPA coalition has witnessed a sharp slowdown in growth, stubborn prices, high interest rates and faltering business confidence. While there are some tentative signs of a revival on the horizon, the Indian economy is still not out of the woods and experts say sustained policy and governance reforms are needed to lift Asia's third-largest economy back to its potential growth rate...
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