-Deccan Herald The very first announcement made by Chief Minister Siddaramaiah on taking charge as the new CM is that the unit system under the Public Distribution System (PDS) would be scrapped and 30kg of rice at Re 1/kg would be given to each Below Poverty Line (BPL) household, irrespective of the size of the family. This is estimated to cost Rs 2,373 crore a year, almost double the estimated Rs 1,200...

-The Economic Times What is... Inequality has re-emerged as a core concern in developing and developed countries alike, thanks to the growing gap and frustration of a section of the middle class and the rich vis-a-vis the super rich. A World Bank Policy Research Working Paper (No. 6259) by Branko Milanovic shows that the incomes of the global top 1 per cent and the emerging middle classes in developing countries rose dramatically between...

-The Hindu   They had sought inter alia universal social security cover for both organised and unOrganised Sectors Prime Minister Manmohan Singh on Friday said some of the demands raised by the various central trade unions, for which they organised a nationwide general strike for two days in February, were in advanced stage of consideration of the government. Those demands include universal social security cover for workers in both organised and unOrganised Sectors and...

-The Hindu Jaipur: Rajasthan is set to play a major role in solar and renewable energy, according to its Governor Margaret Alva. "Energy is the key to progress. At the same time, it is a big challenge too. Rajasthan is a national leader in solar energy and under the Jawaharlal Nehru National Solar Mission, a majority of the solar projects are located in Rajasthan. In wind energy, India is globally positioned at...

-Economic and Political Weekly The Saradha group's collapse has possibly bankrupted lakhs of small investors robbing them of their life svaings, and has rendered thousands of its agents jobless. The scam highlights the failure of the government and its regulatory agencies to reign in the mushrooming chit fund companies in West Bengal. It also brings under the scanner the Trinamool Congress' proximity with the tainted group. In the wake of the...