-The World Bank WASHINGTON: The number of people living on less than $1.25 per day has decreased dramatically in the past three decades, from half the citizens in the developing world in 1981 to 21 percent in 2010, despite a 59 percent increase in the developing world population. However, a new analysis of extreme poverty released today by the World Bank shows that there are still 1.2 billion people living in...

-The Times of India In a significant move towards transparency, the government on Tuesday said all public authorities should proactively disclose information related to public private partnerships (ppp) projects on their websites. Though the disclosure will be voluntary, this marks a shift from the Centre's stand for the last two years when it stonewalled Central Information Commission (CIC)'s recommendation seeking disclosure of ppp projects and will herald greater transparency. Guidelines issued by the...

-Frontline The Land Acquisition Bill runs into a roadblock as political parties fail to reach an agreement on the substantive features of the draft Bill or on the amendments proposed. The efforts of the United Progressive Alliance government to broker a consensus on the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Bill, 2012, which has been pending for over a year, have not paid off not because...

-The Economic Times A balance between the need to unleash animal spirits and the larger issues of ethical governance is essential for the country to move ahead, Rural Development Minister Jairam Ramesh tells ET in an exclusive interview. * Is unleashing animal spirits still the main focus of the government? Unleashing the animal spirits is all very well but it has to be in an ethical framework. Markets is all about...

-The Times of India The UPA government is likely to reintroduce the Land Acquisition Bill with a mammoth 157 amendments in the budget session of Parliament. Out of the 26 'substantive' measure the government plans to push through includes a provision that in case of acquisition for urbanization purposes, 20% of the developed land would be reserved and offered to the original owners at a price equal to the cost of acquisition...