Matriculate Trained Teachers, who make up 87% of school teachers in India, get Rs 775 in UP Rs 892 in Assam and Rs 1,507 per month in Punjab. Even in the most highly rated schools, the average salary is Rs. 7,225 p.m. Nearly 200,000 teachers in Bihar draw a salary less than that of a peon in the government. Teachers with post graduate degrees teaching primary to higher secondary levels, draw...

The Ficci-Yes Bank report on farm mechanisation couldn’t have come at a more appropriate time. For one, since it suggests waiving of VAT and excise duty on farm machinery, this is the time the Budget exercise has just begun. More important, the study points out that, while the use of new devices in performing key farm operations is vital for doubling agricultural growth from the present 2 per cent, the...

Beware. If you are poor, go to a municipal or government hospital and seek medical help, chances are that anything can be done to you and if it affects your life or livelihood, there is nothing can be done to secure protection even if it is a case of medical negligence. Because, when you do not pay, you are getting things "not for a consideration" and when that consideration -- fees...

Of Indian households’ total annual income, 0.22 per cent is spent on buying newspapers — that is, if total national household annual income was Rs 100, 22 paise would be set aside for newspapers. Paying off bank loans (expenditure under equated monthly instalments) takes up 1.4 per cent of total household annual income. The share of health expenditure is 1.5 per cent, and that of education expenditure, 3.21 per cent....

Borrowing was both the shaky foundation of global growth and the cause of its collapse. It started with a bust and it ended with an even bigger bust. In between was sandwiched an unsustainable boom. Banks have been humbled. Economists have been found wanting. Geopolitical power began to shift from west to east. That was the noughties that was. It barely seems five minutes ago that policymakers were fretting about the...