-The Hindu It has become irrelevant after the crippling budget cuts After facing a massive budget cut last year, the future of the Panchayati Raj Ministry continues to look bleak. After the BJP government shuttered two of its key programmes — the Backward Regions Grants Fund (BRGF) and the Rajiv Gandhi Panchayat Sashaktikaran Abhiyan (RGPSA) — several officials at the Ministry feel it would soon be closed down and turned into a...

-The Tribune A confession by IMF economists in the flagship magazine stating that the kind of growth promoted by neoliberalism promotes Inequality has created a buzz. Once in a while, something unexpected happens so stunningly that one finds it unbelievable in the first instance. A group of three economists in IMF's research department has written a joint paper criticising some key aspects of IMF's creed of neo-liberalism. It appears as unbelievable as...

There is a general perception that men are the primary breadwinners and, therefore, they are the ones responsible for fending for their families. However, recently released data from the population Census 2011 shows that around 3.3 crore households in the country are headed by women. In other words, overall there are 13.2 percent female-headed households (See Chart 1). The Census data shows that there are 59.4 lakh single member female-headed...

-BBC French economist Thomas Piketty says there is still a "huge" gap in data about income tax in India. Official figures just released show only 1% of Indians paid tax in 2013, while 2% filed a tax return. Prime Minister Narendra Modi tweeted that publishing the data was a "big step towards transparency and informed policy-making". But Mr Piketty told the BBC the data was too thin to draw significant conclusions about levels of...

-Livemint.com IMF points to problem with redistribution of incomes as high growth rates are not reducing Inequality New Delhi: The International Monetary Fund (IMF) has warned that both India and China face the social risk of growing Inequality. By implication, it is suggesting that there is a problem with the redistribution of incomes in both these economies as high economic growth rates are not reducing Inequality. In its regional economic outlook for Asia...