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The Real Winners and Losers of Globalization -Branko Milanovic

-The World Bank It is generally thought that two groups are the big winners of the past two decades of globalization: the very rich, and the middle classes of emerging market economies. The statistical evidence for this has been cobbled together from a number of disparate sources. The evidence includes high GDP growth in emerging market economies, strong income gains recorded for those at the top of the income pyramid in the...

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West Bengal sees turnaround in revenue collection

-The Times of India The West Bengal government has managed a turnaround in revenue collection, thanks to innovative use of technology and the impending need to raise resources and repair the state's tattered finances. Data shows tax receipts during the first quarter of 2012-13 have risen 35%. In 2010-11, before the Trinamool Congress-led government came to power, tax collection by the Left Front government stood at Rs 21,000 crore, while in 2012-13...

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De-notified tribes to get a better deal in 12th Plan -Aarti Dhar

-The Hindu Nationwide survey will be conducted to introduce a suitable shelter programme The government proposes to create an enabling environment for the social empowerment of the de-notified tribes so that they could utilise reservation benefits in education and employment. A nation-wide survey of de-notified tribes’ settlements is to be conducted to form the basis for introducing a suitable shelter programme for them. They could be entitled to free or subsidised housing under...

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Land grab by MNCs in Africa cause for concern: experts -Gargi Parsai

-The Hindu ‘Governments must protect interest of producer, consumer’ The controversy regarding India’s permission to allow foreign direct investment in multi-brand retail and growing “land grab” in Africa by multinational corporations are being closely watched globally by agriculture experts, researchers and donors. At a workshop here on ‘Supporting Policy Research to Inform Agricultural Policy in Sub-Saharan Africa and South Asia’ — which a few journalists from both regions were invited to attend —...

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Arctic could be ice-free in summer months, says draft IPCC report -Nitin Sethi

-The Times of India Of all the warnings about dramatic effects of climate change, a leaked draft UN report is the most vigorous in arguing that fears of an ice-free Arctic Ocean in summer months can become a reality if global temperature rises by more than 2 degree Celsius over current levels. The draft copy of the UN's Intergovernmental Panel on Climate Change report says there is a 90-100% chance that the...

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