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A report card for India’s states -Pranjul Bhandari

-Live Mint Cherry-picked indicators of progress cannot convey the complexities of development in India's diverse states Which Indian states have fared better than their peers and which ones have done relatively worse is a perennial question for discussion. There is more at stake than mere grading of states here. Investment flows, central government funds and praises for being a good state are all linked to this seemingly straightforward question. It seems to...

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How GDP understates economic growth-Bill Gates

-The Guardian GDP may be an inaccurate indicator in sub-Saharan Africa, which is a concern for those who want to use statistics to help the world's poorest people Even in good financial times, development aid budgets are hardly overflowing. Government leaders and donors must make hard decisions about where to focus their limited resources. How do you decide which countries should get low-cost loans or cheaper vaccines, and which can afford to...

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Trail of death in chit fund collapse -Falguni Banerjee & Sanjib Chakraborty

-The Times of India CHINSURAH/SODEPUR: The body count in the aftermath of the Saradha collapse keeps going up. A director of a micro-finance company was murdered at his home in Hooghly's Chinsurah on Monday even as the father of a chit fund agent hanged himself after being beaten and humiliated by cheated depositors in Sodepur on the northern outskirts of Kolkata. This is the eighth suicide since the Saradha Group meltdown ruined...

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Madhya Pradesh to recognize live-in relationships -Manjari Mishra

-The Times of India JABALPUR: Live-in relationships are set to get official sanction in Madhya Pradesh. The final draft of Women's Policy 2013-2017, submitted to the state government for a formal nod, protects legal rights of live-in partners. Coming as it does just months before the state goes to polls, the draft policy provides for free legal aid for rape victims apart from offering SOPs to women like two years of...

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Asia’s soaring consumption of raw materials unsustainable, UN warns

-The United Nations The Asia-Pacific region, which has overtaken the rest of the world in consumption of raw materials as affluence and manufacturing increase, must boost its resource efficiency or risk losing ground in lifestyle, economic growth and environmental sustainability, according to a UN report released today. From 1970-2008, consumption of construction minerals increased 13.4 times, metal ores and industrial minerals consumption 8.6, fossil fuels 5.4, and biomass 2.7 times, according to...

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