In a Bangladeshi folk story, a disabled grandfather is carried by his son in a basket, to be abandoned in the forest. On seeing this, the grandson calls out, 'Father, please be sure to bring back the basket. I will need it when you grow old'. Three thousand ageing men and women gathered in Delhi in the blazing midsummer heat to demand a universal pension for all aged people, not...

-Rediff.com   Mankind is draining the earth's resources so quickly that the globe would be bled dry before the end of the century at this rate, a new report has revealed. According to the 2012 World Wildlife Fund's 'Living Planet Report' released this month, humans are living outside their means, depleting natural resources like forests, air and water 50 per cent faster than the planet can renew. If the trends aren't reversed, by...

Empower school principals to truly deliver education to India The Right to Education (RTE) law, and the subsequent Supreme Court judgment, has focused attention on the future of school education in India. The judgment on the provision that requires private schools to offer 25 per cent of their seats to economically weaker sections opens new opportunities for the poor, and that is welcome. But in our fiercely hierarchical society, class-conscious...

Inflation in India rose above expectations in April, making life difficult for the nation's central bank as it tries to revive an economy facing increased stagflation risks. The Reserve Bank of India last month cut its policy rate for the first time in three years to boost sagging growth. But inflation has remained stubbornly high, raising concerns the economy may be facing a nightmare scenario of slowing growth and rising prices. On...

-The Economic Times Soaring vegetable prices pushed inflation higher in April, while fuel and manufactured product prices sustained their pressure posing a fresh policy challenge and announcing the return of price pressures in Asia's third-largest economy. Data released by the commerce & industry ministry on Monday showed the annual rate of inflation, based on monthly wholesale price index, stood at 7.23% for April, 2012, compared to 6.89% for the previous month and...