-Reuters   NEW DELHI: The finance ministry is working on a proposal for the new government to cut welfare spending and rein in the deficit in its first budget, to allay fears of fiscal slippage that would increase the risks of a sovereign credit downgrade, officials said. Two senior ministry officials told Reuters the plan would make it possible for Narendra Modi's incoming government to reduce the current year's fiscal deficit and...

-Down to Earth   As India elects new government, the 12th Five Year Plan may no longer be pro-poor MUCH hope is pinned on the 12th Five Year Plan that was declared as the first health Plan by Prime Minister Manmohan Singh. The United Progressive Alliance (UPA) government, while drafting the Plan, also termed it "pro-poor" and promised the maximum budget for social welfare schemes. But as the Plan comes into force this...

-Live Mint The problem is unlikely to be solved by government action alone   With almost every second child stunted in the country, India is virtually a nutritional basket case. Despite making giant strides in reducing poverty and hunger over the past two decades, India has struggled to combat child under-nutrition. India's malnutrition burden arises from a long history of flawed policy choices and deep-rooted gender inequality, which the new government must address...

-BBC   Forced labour generates illegal profits of at least $150bn (£90bn; 110bn euros) a year, a study by the International Labour Organization (ILO) says. The profits are far higher than previous estimates and the ILO wants governments to tackle the problem. Some 21 million people worldwide are in forced labour, it says, with migrant workers most vulnerable. Over half of all forced labourers work in Asia, with 18% in Africa and almost 10% in...

-The United Nations   Millions of people suffering under the yoke of modern slavery - more than half are women and girls primarily in commercial sex trade or domestic work - are generating some $150 billion a year in illegal profits for the people who are exploiting them, according to a new report released today by the United Nations International Labour Organization (ILO). The startling new report, Profits and Poverty: The Economics of Forced...