-BBC Inequality in earnings has doubled in India over the past two decades, a new report says, making it one of the worst performers among emerging economies. The Organisation for Economic Cooperation and Development (OECD) says the top 10% of wage-earners make 12 times more than the bottom 10%, compared to six times 20 years ago. The OECD says India has the highest number of poor in the world. Some 42% of its 1.21...
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UPA's pet UID project set to be trashed by AM Jigeesh
A parliamentary committee is set to reject the National Identification Authority of India Bill 2010, inflicting a severe blow to Unique Identification Authority of India chairman Nandan Nilekani and raising doubts about Prime Minister Manmohan Singh's pet project. Former IT czar Nilekani, who holds cabinet minister rank as UIDAI chief, had been keen on the enactment of the Bill so that a statutory National Identification Authority could be established. The Bill,...
More »Getting the basics right by Dipankar Gupta
After so many wrongs, the Planning Commission may have just got it right. According to leaked accounts, its universal health coverage proposal may become reality as early as the next five-year Plan. Once this policy is in place, India can legitimately enter the club of welfare states through the front door. Now, at last, it has a scheme that is truly inclusive for it includes us all. When implemented, this measure...
More »FDI decision a miscalculation:Yashwant Sinha
-The Times of India Terming the government's attempt to allow foreign direct investment in multi-brand retail as a miscalculation that lacked political consensus, BJP leader Yashwant Sinha has warned that a looming slowdown needs urgent measures to remove supply side blockages. The former finance minister, who heads Parliament's standing committee on finance, said unlike in 2008, the government has no room to increase the fiscal deficit that is already above 5% while...
More »Sign newspaper ads, poll panel tells U.P. candidates by Atiq Khan
Expenditure incurred on advertisements to be recorded in ‘shadow expenditure register' Advertisements inserted by candidates contesting the forthcoming Assembly elections in Uttar Pradesh will have to be signed by them as well as by two witnesses in order to differentiate these from paid news and deter the candidates from having their way. The district election officers would ensure that the expenditure incurred on the advertisements was recorded in the ‘shadow expenditure register',...
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