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American dream? 8% of PIOs live below the poverty line

-PTI WASHINGTON: Even as Indian-Americans boast of having the highest per capita income among all the major ethnic groups in the US, more than 8% of the nearly three million community are living below the poverty line, says a latest census report. The 2007-2011 American Community Survey has said that 42.7 million people in the US had income below the poverty level. The national poverty rate is 14.7%. With 8.2% of poverty rate,...

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Mirage of development -Lyla Bavadam

-Frontline Social development indicators in Gujarat are poor, proving that development in the State is lopsided On a hot day last November near Rajkot, Ramjibhai Patel, an octogenarian farmer, pointed to the middle distance and said, “See that lake?” There was indeed a shimmer in the dry landscape indicating water, but after a relatively poor monsoon, it seemed improbable. Chuckling, he said, “Yes, I see doubt on your face and you are...

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Regulators are sometimes too close to industry: Hari Narayan-Deepti Bhaskaran

-Live Mint Former Irda chief spells out the problems with regulating the insurance sector in an interview Regulators are sometimes not too keen on laying down the law because they may be too close to the industry that they are charged with making sure is complying with rules, said J. Hari Narayan, who stepped down on Wednesday as chairman of the Insurance Regulatory and Development Authority (Irda).   “There is a lot going on...

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Union Budget no gender bender -Subodh Varma

-The Times of India To remove various disadvantages that women face in India, the Union government introduced Gender Responsive Budgeting (or Gender Budgeting) in 2005-06. It meant that high-flying promises on empowering women were to be backed by financial outlays and that a gender perspective was to imbue all policy making. It was always a tough call - from the home, to the workplace and generally in society women are treated like...

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Strike hits banking, coal mining in Andhra

-IANS Banking services were paralysed, coal production came to a halt, and transportation was hit in Andhra Pradesh by the two-day nation-wide strike called by major trade unions, which began Wednesday. Bank services in Hyderabad and the rest of the state were totally paralysed as over 70,000 employees of public sector banks joined the strike. Coal production came to a halt in the mines of the state-owned Singareni Collieries, with 65,000 workers in...

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