-AFP The Asian Development Bank (ADB) Monday urged regional governments to tackle rising income inequality with more urgency, warning any delay could undermine social cohesion and economic growth. Rajat Nag, ADB's managing director-general, said failing to address the problem now could spark further dissatisfaction and lead governments to resort to populist measures to appease their citizens. But populist measures like fuel subsidies and cash grants are taxing on state coffers and could result...

MGNREGA can only succeed if politics is taken seriously in the design of accountability mechanisms Does political competition enhance a poor person’s access to anti-poverty initiatives such as the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGA)? Just as some economists believe that competition is an effective way to improve management and productivity, in politics too, some hold that political competition is better than single-party monopoly, because it forces political parties...

There is evidence to show that growth is slowly becoming inclusive. But for the quality of life to improve, incomes must be complemented by infrastructure. For close to at least five years now inclusive growth has had a central place in the official discourse on the economy. The UPA II has itself worn its self-proclaimed success in delivering an inclusive growth as a badge of its effectiveness, not to mention its...

How an image-fixated chief minister has bent the state’s media to his will If you haven’t heard of an income tax raid on the residential premises of Nitish Kumar’s close aide and treasurer of the ruling Janata Dal-United (JD-U), Vinay Kumar Sinha, you are not alone. Thanks to the local media, it took a while even in Patna—where the house is located—for people to get to know. This, incidentally, is the...

-The Times of India Joining forces against the government, yoga guru Baba Ramdev and activist Anna Hazare on Friday said the duo will launch a nationwide campaign for a strong Lokpal and return of black money from May 1. The two leaders have also announced plans to sit on a day-long token fast in Delhi on June 3.  "We need two movements to bring back black money and for a strong Lokpal....