-Livemint.com IMF points to problem with redistribution of incomes as high growth rates are not reducing inequality New Delhi: The International Monetary Fund (IMF) has warned that both India and China face the social risk of growing inequality. By implication, it is suggesting that there is a problem with the redistribution of incomes in both these economies as high economic growth rates are not reducing inequality. In its regional economic outlook for Asia...

-BBC French economist Thomas Piketty says there is still a "huge" gap in data about income tax in India. Official figures just released show only 1% of Indians paid tax in 2013, while 2% filed a tax return. Prime Minister Narendra Modi tweeted that publishing the data was a "big step towards transparency and informed policy-making". But Mr Piketty told the BBC the data was too thin to draw significant conclusions about levels of...

-The Hindu Business Line There’s room for more awareness and organisation, but the number of people benefiting from fair price shops is growing Poor people in India depend heavily on the public distribution system. A recent survey by the National Council of Applied Economic Research found that more than 90 per cent ration card-holders in Below Poverty Line (BPL) / Priority Households (PHH) and the Antyodaya Anna Yojna category purchase foodgrain at...

It seems that not only civil society activists, but even the poor and marginalized themselves are not happy with the Centre’s social welfare policies. Following the recent protest by 150 eminent persons regarding failure of the NDA Government to take-up urgent measures for employment generation and ensuring food, nutrition & drinking water security in the backdrop of severe drought in roughly 1/3rd of Indian districts (please click here to Access),...

-The Hindu Business Line Villagers are turning entrepreneurs by renting out their solar lamps Ibrahimpur duli village in Uttar Pradesh’s Faizabad district is on the electricity grid. But the power here is erratic. “It comes only at night around 9 or 10 pm with frequent shut downs,” says 54-year-old Ram Lallan who along with his wife Kusma Devi runs a solar enterprise to offer off-grid technology solutions to consumers in the region. The couple...