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India's remarkable growth story clouded by a degrading environment -Rachna Singh

-The Times of India JAIPUR: The past decade of rapid economic growth has brought many benefits to India, but on the flip side the environment has suffered the most, exposing the population to serious air and water pollution. India's remarkable growth record, however, has been clouded by a degrading environment and growing scarcity of natural resources. Mirroring the size and diversity of Indian economy, environmental risks are wide ranging and...

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Why promotion is better than protection-Martin Ravallion

-The Indian Express To reduce poverty, India needs to concentrate on promoting healthcare and education of the poor It is sometimes argued that a country such as India, aiming to eliminate absolute poverty, should only be concerned about economic growth, and not worry about inequality. Is that right? Yes, growth is (typically) good for the poor but it is no less true that inequality is (typically) bad for the poor. There is little...

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Wholesale price inflation likely edged up to 5 per cent in July

-Reuters BANGALORE: Inflation likely picked up slightly in July as its falling currency pushed up the price of imports, making raw materials more costly, and on rising food prices, a Reuters poll showed. Wholesale prices, India's key inflation measure, rose an annual 5 percent last month, the poll of 30 economists showed, hitting the ceiling of the Reserve Bank of India's commonly perceived comfort level. That was up slightly up from June's 4.89...

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Demystifying Indian poverty line -Gaurav Choudhury

-The Hindustan Times * What is a poverty line? The poverty line defines a threshold income. Households earning below this threshold are considered poor. Different countries have different methods of defining the threshold income depending on local socio-economic needs. * Who brings out the poverty estimates in India? The Planning Commission releases the poverty estimates in India. * How is it measured? Poverty is measured based on consumer expenditure surveys of...

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Food security Bill: Separating wheat from chaff -Ravish Tiwari

-The Indian Express As the Parliament session begins, it would be interesting to see how the food Bill debate pans out and what the stands parties take say about them. Both the main ideological opponents of the ruling Congress - the BJP and Left - have sounded a discordant note. However, their objections are more perfunctory in nature than anything else. The Left, which had so vehemently pushed the job scheme MNREGS as...

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