-The Economic Times NEW DELHI: The government is working on a new index based on the consumption pattern of rural landless labour to fix wages under the Mahatma Gandhi National Rural Employment Guarantee Act, a move that is set to result in slower annual wage hike increases under the government's flagship social welfare programme. Rural wages under MGNREGA are at present based on the consumer price index for agricultural labourers (CPI-AL), which...

-Newslaundry.com There's always outrage at the government ad spend on the death and birth centenaries of our erstwhile politicians. On Rajiv Gandhi's death centenary in 2013, we carried a report with incorrect figures. Following which, we filed a Right To Information (RTI) application to ask for the amount of advertising spend by the government on Rajiv Gandhi's death centenary ads in the Delhi editions of various English newspapers. When we contacted...

-The Telegraph New Delhi: Foreign corporations have created over 247,000 jobs through research and development (R&D) investments in India over the past decade, but most of the activities appear relatively unimportant with little long-term gains , researchers have said. The study, described as the first comprehensive assessment of foreign direct investment (FDI) in R&D, has challenged suggestions by Indian science policy makers and foreign corporations a decade ago that turning India into...

-The Indian Express In Gujarat, growth relies on indebtedness. And relegates development. The Gujarat pattern of development has often been arraigned from the left because of its social deficits. Indeed, the state's social indicators do not match its economic performance. With 23 per cent of its citizens living below the poverty line in 2010, Gujarat does better than the Indian average - 29.8 per cent - but it reduced this proportion by...

-The Business Standard While economic growth may reduce poverty, no systematic correlation between the pace of poverty decline and the pace of economic growth can be found in the data Recent publication of new numbers on poverty by the Planning Commission has revived some old controversies. The numbers show that while the incidence of poverty declined both between 1993-94 and 2004-05 and between 2004-05 and 2011-12, the pace of decline was much...