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The feeding frenzy of kleptocracy-P Sainath

-The Hindu Since 2005-06, taxes and duties for the corporate world and the rich have been written off at the rate of Rs.7 million a minute on average. Duties waived on gold and diamonds in the last 36 months equal the 2G scam amount Forbes has just added an “errata” to Union Finance Minister P. Chidambaram’s budget speech. The Minister had found a mere 42,800 people in the country with a taxable...

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UN report belies India's claims of inclusive growth-Devjyot Ghoshal

-The Business Standard This has meant the GNI per capita has more than doubled from $1,229 in 1990 In recent years, India's growth has undoubtedly been spectacular. Income growth a year has averaged about five per cent from 1990 through 2012. This has meant the gross national income (GNI) per capita (purchasing power parity, in dollar terms) has more than doubled from $1,229 in 1990. However, even if one discounts the drop in...

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UNDP brackets India with Equatorial Guinea in human development index

-The Hindu However, the country’s value increased 61 per cent from 1980 to 2012 India has been ranked 136 among 187 countries evaluated for human development index (HDI) — a measure for assessing progress in life expectancy, access to knowledge and a decent standard of living or gross national income per capita. The Human Development Report of the United Nations Development Programme (UNDP) for 2013, released on Thursday, puts India’s HDI value for...

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Samajwadi Party opposes anti-rape Bill, says it is 'anti-women' -Ravish Tiwari

-The Indian Express The Samajwadi Party (SP) Thursday voiced its opposition to the revised Criminal Law (Amendment) Bill, 2013, teh so-called anti-rape bill which seeks to crack down on crimes against women. “SP will oppose the Bill. It is anti-women and will create anarchy in society in the name of providing safety for women,” said SP general secretary Ram Gopal Yadav. He said the SP, which provides outside support to the UPA...

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Developing countries experiencing unprecedented growth, says UN report

-The United Nations The rapid growth of developing countries is propelling millions out of poverty on an unprecedented scale and radically reshaping the global system, according to a flagship United Nations report launched today. “The rise of the South is unprecedented in its speed and scale,” says the Human Development Report 2013, which uses the term “South” to mean developing countries and “North” to mean developed nations. “Never in history have the...

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