-The Business Standard Growth, not entitlement, reduces poverty, according to the latest data The numbers may seem unrealistic, but the broad indication is loud and clear: among all available medicines, growth seems to be the most effective medicine against poverty at the moment. According to the recently released poverty data, states like Odisha, Bihar and Rajasthan have done well when it comes to reducing poverty in the last seven years. And these...
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Sen vs Bhagwati: Parallels from an earlier titanic clash-Rupa Subramanya
-The Business Standard Can Bhagwati-Sen debate bring the same change as Hayek-Keynes duel in the US in 1932 At a time of economic crisis, a distinguished group of economists wrote a letter to a major newspaper, making a case for increased government involvement in the economy. A few days later, an equally distinguished group of economists wrote a letter to the same newspaper, arguing against the first lot. No, this...
More »Nitish Kumar writes to Prime Minister seeking higher wages under NREGA -Urmi A Goswami
-The Economic Times NEW DELHI: Bihar chief minister Nitish Kumar is leveraging his politically 'unattached' status to seek higher wages for his people under the Centre's rural Employment guarantee scheme. Kumar, being wooed by the Congress after he parted ways with the BJP, has written to Prime Minister Manmohan Singh saying that the state plans to raise NREGA payments to align them with the statutory minimum wage. "Notification of lower wage rates...
More »Will rising prices hit poll result? UPA govt panics -Rajeev Deshpande
-The Times of India NEW DELHI: Rising apprehension that food inflation may finally begin to bite in electoral terms has seen the Manmohan Singh government press the panic button as retail prices of cereals, vegetables and pulses soar in comparison to last year. Persistent high inflation, particularly in food, is gnawing the government ahead of assembly polls in four major states later this year and the 2014 Lok Sabha election, a concern...
More »They still clean toilets and can't bear their own stink -Sukanya Shantha
-The Indian Express Pandharpur: Jaya Waghela, 52, spends more than an hour cleaning herself every morning. But the soap and water cannot wash off the stench of human faeces she cleans everyday with her broom at 600-odd public toilets along the banks of the river Bhima in Pandharpur district of Maharashtra. "The stench is so overbearing that it has killed my appetite," says Waghela, who has stayed away from her kitchen since...
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