A survey has confirmed apprehensions among health experts that school canteens in India’s metros expose kids overwhelmingly to junk food, while healthy options are largely absent from the menu. The survey of canteens in 20 private schools across the National Capital Region suggests that burgers, patties, and packaged foods such as chips are among the most sold in canteens, and fresh cooked food the least popular. Nutrition specialists say the findings, although...

The term ‘money laundering’ is said to have originated from mafia ownership of Laundromats in the US. Gangsters there were earning huge sums in cash by extortion, prostitution, gambling and bootleg liquor. They needed to show a legitimate source for these monies. Money launderers now resort to the use of apparently legitimate commercial transactions to camouflage their laundering activities. There has been an increasing amount of interest of late in commodity...

Microcredit lifted 10 million Bangladeshis out of poverty between 1990 and 2008, according to a report. The work of Grameen Bank and others helped many families to raise their income above $1.25 a day, said the US-based Microcredit Summit Campaign. The study follows recent criticism of microfinance, which works by providing small loans to people to invest in generating their own incomes. Some experts argue the report may have missed the bigger picture. They...

The key to the United Progressive Alliance’s return to power in 2009 lay in its promise of “inclusive growth” centred on the aam aadmi. On top of the launching of the Mahatma Ga­ndhi National Rural Employment Guarantee Act (NREGA), this gave the UPA immeasurably greater appeal and legitimacy than its rivals. But it also entailed obligations to implement other rights-based programmes, on food security, education and healthcare, am­ong others. The National...

The Central government has revised wages of agricultural labourers under the Mahatma Gandhi National Rural Employment Guarantee Scheme. The new wages are based on the consumer price index (CPI), as suggested by Prime Minister Manmohan Singh, and are retrospectively effective from January 1, 2011. Linking wages to CPI has enhanced them from 17% to 30%. The revised salaries will benefit over 50 million people across India. The base wage, which was...