The Suresh Tendulkar committee report revising upwards poverty estimates across the country may further strain government finances with many of the states already demanding special status to address the issue and an enhanced allocation under many of the pro-poor schemes. The committee, in its report submitted to the Planning Commission last week, had estimated that 37% of India’s population is under the poverty line, while the proportion of the poor...

Demanding equal educational opportunities for all children, a large contingent of people walked to Bal Bhavan here this past Friday in support of three key demands on the Right of Children to Free and Compulsory Education Act, 2009. December 11 was the day India ratified the United Nations Convention on the Rights of the Child (UNCRC) to demand the right to education for every Indian child. Regretting that millions of...

In his engaging book on a love affair between a Hyderabadi princess and an Englishman in the 18th century, William Dalrymple reminds us that “the road from Hyderabad to the port of Masulipatam was one of the most beautiful in the Deccan”. In unearthing this fact from travelogues of the time, Dalrymple draws attention not just to the wealth of Hyderabad, inherited from the richest kingdom of the Deccan, Golconda,...

Paul A. Samuelson, the first American Nobel laureate in economics and the foremost academic economist of the 20th century, died Sunday at his home in Belmont, Mass. He was 94. His death was announced by the Massachusetts Institute of Technology, which Samuelson helped build into one of the world’s great centres of graduate education in economics. In receiving the Nobel Prize in 1970, Samuelson was credited with transforming his discipline from...

CAMBRIDGE (Massachusetts): economist Paul A. Samuelson, a Nobel laureate and winner of the National Medal of Science, has died. He was 94. The Massachusetts Institute of Technology, where Mr. Samuelson taught, said he died on Sunday at his home in Belmont, Massachusetts. Mr. Samuelson was one of the leading economists of the 20th century and served as an adviser to Presidents John F. Kennedy and Lyndon B. Johnson. He won...