-Outlook Expressing concern over the recent tragedy in Uttarakhand, the Supreme Court today prohibited setting up of any new hydroelectric power project in the state and directed the Centre to constitute an expert body to study environmental degradation caused by such projects. The court directed the Ministry of Environment and Forests and the Uttarakhand government not to grant any further environmental or forest clearance for any hydroelectric power project until further orders. "We...
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History shows humble onions can deep fry political class -Akshaya Mukul
-The Times of India NEW DELHI: It is no big deal that for a Parliament used to discussing and dissecting scams worth thousands of crores, the dissipating odour of onions hasn't reached its hallowed portals. For more than a week of the Monsoon session little work has been done, and even less time has been spent discussing spiraling prices of essential commodities. After all, it has only touched Rs 100/kg and not yet...
More »Demystifying Indian poverty line -Gaurav Choudhury
-The Hindustan Times * What is a poverty line? The poverty line defines a threshold income. Households earning below this threshold are considered poor. Different countries have different methods of defining the threshold income depending on local socio-economic needs. * Who brings out the poverty estimates in India? The Planning Commission releases the poverty estimates in India. * How is it measured? Poverty is measured based on consumer expenditure surveys of...
More »This bill won’t eat your money -Sabina Alkire
-The Hindu The expenditure on providing food security will add minimally to India's public spending which is less than what even lower middle income Asian countries spend on social protection In recent media coverage, critics often argue that the cost of the National Food Security Bill (NFSB) is excessive. The Economic Times referred to the NFSB as a "money guzzling measure" and according to CNBC-TV18, Rahul Bajaj, chair of Bajaj Auto, said...
More »Income disparity between rich and poor growing rapidly -Subodh Varma
-The Times of India NEW DELHI: Everybody knows that there is a chasm between the rich and the poor. But can it be measured? And, more importantly, is this disparity between the rich and poor growing or coming down? New data based on consumption expenditure surveys shows that income disparity is growing and at a rapid clip. Spending and consumption by the richest 5% zoomed up by over 60% between 2000 and...
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