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Economies will perform better with more even income distribution–UN report

-The United Nations A new United Nations report advocates that governments use fiscal and labour market policies to reduce income inequality, maintaining that this not only leads to social benefits but will spur economic growth and development. Produced by the UN Conference on Trade and Development (UNCTAD), the Trade and Development Report 2012 says that recent experience, especially in Latin America and other developing countries, suggests that progressive taxation and rising public...

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Government to assure, not insure, health--Vidya Krishnan and Anuja

-Live Mint NAC wants Rashtriya Swasthya Bima Yojna to be absorbed into new policy for universal health coverage  The National Advisory Council (NAC), which sets the policy agenda for the Congress party led United Progressive Alliance (UPA) government, wants the Rashtriya Swasthya Bima Yojna (RSBY) insurance scheme to be absorbed into the new policy for universal health coverage (UHC), taking the latter closer to realization.   This is part of the government’s bid to move...

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The age of judicial reform -TR Andhyarujina

-The Hindu In keeping with global practices, Supreme Court judges should retire at 70 On August 18, 2012, Prime Minister Manmohan Singh, speaking at the 150th year celebrations of the Bombay High Court, said the government was in favour of raising the age of retirement of High Court judges. Presently, Supreme Court judges retire at 65 and High Court judges at 62. The Prime Minister was referring to the Constitution (114th Amendment)...

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Reforms, competition in distribution and end to coal monopoly only antidotes to power failures-Arvind Panagariya

-The Economic Times The power failure in India on July 30-31 was big news in US media. When the radio and TV stations began calling with the question whether this spelt the end to India's claims to global-power status, my first reaction was to remind them that a similar failure of the grid in 2003 had drowned the entire Northeast and Midwest in the US and Ontario in Canada into darkness. But,...

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With drought intensifying worldwide, UN calls for integrated climate policies

-The United Nations More consolidated efforts to combat the threat of climate change and counter its ripple effects on global food security are needed amid an intensifying global drought and increasing temperatures worldwide, the United Nations declared today. “Climate change is projected to increase the frequency, intensity, and duration of droughts, with impacts on many sectors, in particular food, water, and energy,” said World Meteorological Organization (WMO) Secretary-General Michel Jarraud in a...

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