-Live Mint Latest houselisting data demonstrates a visible growth in the material well-being of the two groups Indians, all of them, across class and caste, traded up over the past decade, a period of rapid and record economic growth—that’s the counter-intuitive message in the latest update to Census 2011. According to the so-called houselisting data released by the census, scheduled castes (SCs) and scheduled tribes (STs) have, like the rest of the country,...

If proof is needed of a policy paralysis, a recent official admission that poverty cannot be eradicated by 2020 cannot be dismissed out of hand. That this follows the Planning Commission's estimate of a rapid decline in poverty over the period 2004-05 and 2009-10 is not just intriguing but arguably schizophrenic. The former is utterly pessimistic while the latter is optimistic notwithstanding dubious price adjustments designed to deliver a favourable...

-The Deccan Herald Proposals to replace the public distribution system with direct cash transfer into individual accounts under the proposed Food Security Bill do not have any taker, claim social activists. These activists are lobbying against cash transfers. But others believe this is better than  distributing foodgrain among the poor. According to controversial proposal, the public distribution system (PDS) which provides subsidised foodgrain will be replaced with direct cash subsidies. A fixed amount will...

-PTI Indians' money in Swiss banks may have risen for the first time in five years, but they account for a meagre 0.14 per cent of total foreign wealth deposited there — putting India at 55th place internationally for such funds.  The total overseas funds in Switzerland's banking system stood at 1.53 trillion Swiss francs (about Rs 90 trillion) at the end of 2011, which included 2.18 billion Swiss francs (Rs 12,700...

-IANS The government's plan to replace the public distribution system (PDS) with direct cash transfer into people's accounts under the proposed Food Security Bill is not getting any takers, some social activists said here Friday. According to the proposal, the PDS through which subsidised foodgrains are made available to people will be replaced with direct cash subsidies where a fixed amount will be transferred into people's bank accounts each month. Talking to media...