Real wages in the hinterland have stagnated despite zooming economy While the economy has zoomed along at an average of 7.2% of GDP in the last decade, real wages in the hinterland have stagnated. You would imagine that after a decade of impressive economic growth averaging around 7.2 per cent, rural populations would be beneficiaries to this story. However, wage patterns considered over the last ten years show that real wages (wages...

-Live Mint   As United Progressive Alliance chairperson Sonia Gandhi prepares to intervene next week in the great national debate about who is poor, she might want to visit north-eastern Mumbai to see how the poorest are not even classified as such and how a giant government scheme to save their children from malnutrition is failing. The nauseating stench from a mountain of garbage greets a visitor to Rafi Nagar at the base...

A draft Bill aimed at redressing complaints against junior government officials is likely to be introduced in the winter session of Parliament to check graft at the lowest level, where most citizens interact with the administration. The proposed Public Services Grievance Redressal Bill will be available to the public for comments and feedback before it’s introduced in Parliament, rural development minister Jairam Ramesh said. The proposed law comes at a time when...

The media imagery of a “liberated” Red corridor extending from Andhra Pradesh, cutting across the heart of India, all the way to Nepal is the most vivid representation of the threat that Maoists pose to our country. The Prime Minister describes the Maoists as India's most serious internal security challenge and the Home Minister rates it as a “problem graver than terrorism.” In search of an effective response, official committees have,...

The Life Insurance Corporation (LIC) invested more than Rs 3,600 crore last year in the tobacco industry, anti-tobacco activists and cancer specialists said today, describing the investments as ironical and unethical. Figures obtained through the right to information route by a consortium of activists and doctors show that in 2010-11, LIC had invested in shares of ITC and VST Industries and in debentures of Dharampal Satyapal Ltd, which makes chewable tobacco...