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India growth story marred by disturbing inequity -Sachin Kumar Jain

-Down to Earth 68th Round of National Sample Survey makes it amply clear that the wave of economic growth has not percolated down from the 0.003 per cent of population of ruling elite (as per Income Tax records, only 42,800 persons have taxable Income more than Rs 1 crore in India). 99.996 per cent population is spending between just Rs 25.90 and Rs 37.36 per capita per day (average MPCE) in...

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Funds dry up for drug discovery project -Rema Nagarajan

-The Times of India Funding for one of the foremost drug discovery projects in India came to an end on Monday as the financial year closed because the ministry of science and technology did not clear the cabinet note meant to extend funding for the project on time. The Open Source Drug Discovery (OSDD) project of the Council of Scientific and Industrial Research (CSIR), meant to discover drugs for neglected diseases, had...

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UPA's job generation record better: Jairam

-The Business Standard Says it ensured more inclusive growth here, with better paying jobs, compared to NDA govt's record The perception that more jobs were created during the 1998-2004 National Democratic Alliance government than that of the Congress-led United Progressive Alliance (UPA) isn't based on facts, said Jairam Ramesh, the minister for rural development. From projections based on a National Sample Survey Organisation (NSSO) study, 60 million jobs were created between 1999-2000 and...

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More children going to private schools: NCAER-Rukmini S

-The Hindu The dropout rate remains troublingly high Private school enrolment continues to rise, but the already low levels of what children are learning in schools - both government and private - continue to fall, new data shows. The Hindu is reporting exclusively on the findings of the 2011-12 round of India Human Development Survey (IHDS), a representative national sample of 42,000 households, carried out by the National Council for Applied Economic Research...

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Explaining the Anger

-Economic and Political Weekly   What explains the erosion of support for the ruling combine at a time of rising human development indices? Ten years is long enough for an elected government to lose public faith and the United Progressive Alliance (UPA) has done much, both in acts of omission and commission, to ensure a steady erosion of support among the electorate. Large-scale corruption, the incompetence of the government in handling many important...

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