-The Times of India NEW DELHI: As the death toll in the current heat wave crossed the 2,000 mark, this has become the fifth deadliest ever heatwave in the world and the second deadliest in India, according to an international database of disasters. Weathermen are predicting that there are a few more days left in the ongoing heatwave which has killed the most number of people in Andhra Pradesh and Telengana, while...
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Nehruvian budget in the corporate age -Jean Drèze
-The Hindu The Budget overlooks the fact that human capabilities are as important as physical capital for economic growth and the quality of life. It goes back to the days when growth and development sounded synonymous, physical capital was thought to be the key, and human capital took a back seat Once upon a time, around the end of the Second World War, there was a naive view in development economics that...
More »Dividend or nightmare -Santosh Mehrotra
-The Indian Express How many jobs must be created to realise our demographic dividend (or avoid a nightmare)? Half of India's population is below 25. The worst-case scenario is that enough jobs are not created for the millions entering the labour force each year, and that this semi-educated mass becomes a force driving social conflict. The reason that East Asian countries (especially China) rode the wave of the demographic dividend and dramatically...
More »Internet.org wants to connect India's offline millions -Shilpa Kannan
-BBC Most parents would love to get their teenagers away from computers. But not in one poor suburb on the outskirts of Delhi, where youngsters are sent to learn. Sharing a few laptops between them, they're being taught some basic online skills - how to search for information, how to send money to their families in the villages and how to book train tickets. None of the children have access to computers in school....
More »India up one slot, 15th on millionaire households list
-PTI New York: India had 175,000 millionaire households in 2013, ranking 15th in the world, according to a wealth report which said the total number of millionaire households in the world rose to 16.3 million last year. The Boston Consulting Group's 14th annual report on the global wealth-management industry ‘Riding a Wave of Growth: Global Wealth 2014' said global private financial wealth grew by 14.6% in 2013 to reach $152 trillion. The rise...
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