-The Times of India BANGALORE: Holders of fixed deposits have been earning a negative return in real terms for most of the preceding five years, thanks to inflation outstripping interest rates. To make matters worse, depositors continue to be taxed on this nominal income. Although bank fixed deposits have never been tax friendly, the level of compliance has been sketchy. But compliance is slowly getting stricter. In the past, RBI norms required banks...

-The Indian Express Why the proposed national minimum wage is the wrong answer to questions of unemployment and poverty The recent national labour conference - a trade union love fest with little real employer participation - demanded a national minimum wage. The trade union demand is a predictable positioning of narrow self-interest as national interest but the government's acceptance of their demand is unfair, delusional and economically stupid. Unfair, because it pampers a...

-The Hindu     The catastrophe in the Himalaya is the result of deforestation, unchecked construction of dwellings and large-scale building of big dams A week is a long time in the Himalaya. In the late 1980s, I visited Arunachal Pradesh as a young researcher, with a keen interest in photography. I walked into the middle of the Dibang river, hop skipping over boulders, until my local tribal guide ordered me to return immediately....

-The Indian Express Trendsetters & tweakers Act one Chhattisgarh already has a food security law in place. It became last December the first state to pass a food security bill, which covers several sections not under existing schemes. The Act makes food entitlement a right and depriving anyone of that an offence. If PDS grains, for instance, are being diverted, the officials involved will face penal provisions. The Act also seeks to empower women...

-IPS News ROME: The growing consensus, momentum and commitment to eradicate world hunger may seem overly ambitious in view of the slow progress in reducing the number of hungry people in the world in recent decades. After all, declining food prices in the second half of the 20th century, thanks to increasing production, were not enough to eliminate poverty and hunger in the world. In the 1960s and 1970s, many governments invested a...