-The Times of India Is wealth trickling up instead of down? Yes, says rockstar economist Thomas Piketty whose new book proposing a wealth tax on the super rich has sparked off a firestorm. Excerpts from an exclusive interview... His book Capital in the Twenty-First Century has put the spotlight on Thomas Piketty, transforming the Paris School of Economics professor to global superstar. In these troubled times, he highlights a troubling issue:...
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A Price to Pay for Selling on the Street -Neeta Lal
-IPS News New Delhi: Bhure Lal, a 33-year-old street-food vendor, has been selling his spicy ‘chaat' outside the New Delhi Railway Station for 15 years. But despite a punishing 12-hour work schedule, and a new law to protect hawkers like him, he doesn't take home enough to feed his family. More than half of Lal's weekly income from the ‘chaat', a lip-smacking pot-pourri that is particularly popular with women, is extorted by...
More »El Nino likely to cause loss of Rs 1,80,000 crore this year: ASSOCHAM -Soma Basu
-Down to Earth Studies indicate high food inflation As Met office predicts below normal rainfall because of El Nino this year, a study by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) has projected a 1.75 per cent GDP reduction and loss of hundreds of thousands of jobs in the unskilled sector. The report released recently says that five per cent deficit rainfall forecast by the India Meteorological Department (IMD) will...
More »Right to Education: neither free nor compulsory-Alok Prasanna Kumar and Rukmini Das
-The Hindu The Supreme Court's judgment upholding the validity of Article 21A and the Right to Education Act has gutted the operative provisions of the law While free and compulsory education for all children below the age of 14 has been a constitutional imperative for the government for the last 64 years, it is a matter of fact (and shame) that successive governments have not achieved this yet. The most concerted effort...
More »Delhi has the worst air pollution in the world: WHO
-PTI NEW DELHI: Delhi is the most polluted city in the world when it comes to air quality, according to a WHO study released today. The 2014 version of the Ambient Air Pollution (AAP) database contains results of outdoor air pollution monitoring from almost 1600 cities in 91 countries. The national capital has the highest concentration of PM2.5 - particulate matters less than 2.5 microns- form of air pollution, which is considered most...
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