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IMF forecasts 4.5% growth for India; to lose second fastest-growing economy tag

-The Economic Times India looks all set to cede the moniker of the world's second fastest growing major economy for 2012, a fall from glory for a country that was spoken in the same breath as China for much of the previous decade and even nursed ambitions of upstaging its larger neighbour. The latest global Economic growth forecasts from the International Monetary Fund (IMF) have India growing at 4.5% in 2012 (at...

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Assam records 500 poverty-driven deaths -Pranjal Baruah

-The Times of India GUWAHATI: Despite the state government stressing on economic development of rural areas and hailing its achievements on this front from time to time, over 500 cases of poverty-driven suicides were recorded in the state between 2009 and 2011. The records, compiled in the Statistical Year Book of India 2013 by the Union ministry of statistics and programme implementation earlier in January, revealed that the state recorded a constant...

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Mumbai monolith epitomises need for post-2015 agenda to tackle inequality-Kevin Watkins

-The Guardian Inequity such as that symbolised by Antilla, the world's richest home, thwarts poverty reduction – and policymakers must act If you want a glimpse across the yawning chasm that separates the world's super rich from the ultra poor, there's no better place than Mumbai's Altamount Road. Look up and you'll see Antilla, the world's most expensive home. With spectacular ocean views, swimming and gym facilities, and no fewer than three helipads,...

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The great number fetish-Sankaran Krishna

-The Hindu One of the most prominent features of India’s middle-class-driven public culture has been an obsession about our GDP growth rate, and a facile equation of that number with a sense of national achievement or impending arrival into affluence. In media headlines, political speeches, and everyday conversations, the GDP growth rate number — whether it is five per cent or eight per cent or whatever — has become a staple...

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A 'Cost-Benefit' Analysis of UID-Reetika Khera

-Economic and Political Weekly A cost-benefi t analysis by the National Institute of Public Finance and Policy of the benefits from Aadhaar integration with seven schemes throws up huge benefi ts that are based almost entirely on unrealistic assumptions. Further, the report does not take into account alternative technologies that could achieve the same or similar savings, possibly at lower cost. Reetika Khera (reetika.khera@gmail.com) is at the Institute of Economic growth on...

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