-The Hindu   Far from being ‘useless’, the MNREGA helps the impoverished and resilient poor earn a decent living. Famously on the floor of Parliament, Prime Minister Modi dismissed the Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA) as a ‘living monument’ of the previous governments’ failures, condemning millions of impoverished people to survive by ‘digging ditches’. This spring near Bhim in Rajasthan, I had the rare experience of labouring on an MGNREGA site....

-Business Standard Nations below a level of per-capita GDP representing a peaking point could be allowed to expand total emissions The world's climate change negotiators will meet again in December in Paris. The good news is that all countries, including developing countries, have agreed to announce their "intended nationally determined contributions" (INDCs). The bad news is that they are nowhere near an agreement on action by individual countries that could limit global...

-Hindustan Times London: There are 1.6 billion people living in multidimensional poverty across the world and nearly 440 million of them are in eight large Indian states, according to a new analysis using a unique index developed at the University of Oxford.   The eight Indian states that have similar number of poor as in 25 African countries are Bihar, Jharkhand, Madhya Pradesh, Uttar Pradesh, Chattisgarh, Odisha, Rajasthan and West Bengal. The poorest...

-PTI New Delhi: In the previous year, when Delhi was under President's Rule, Finance Minister Arun Jaitley had presented a Rs.36,776 crore budget for the 2014-15 fiscal for Delhi. The Aam Aadmi Party government on Thursday presented a Rs 41,129 crore budget with a major focus on education, health and transport sectors besides allocating funds to provide free wifi facility in colleges and villages. Presenting the budget, Deputy Chief Minister Manish Sisodia...

-Livemint Tackling inequality and inclusive growth is an economic necessity for the country After Pope Francis, it is now the turn of the International Monetary Fund (IMF) to raise concerns about high income inequality. Dubbed as “Francis the Marxist”, for his tweet “Inequality is the root of social evil”, the Pope has been raising issues of inequality and its consequences. The latest discussion paper by IMF not only supports the ethical...