-The World Bank It is generally thought that two groups are the big winners of the past two decades of globalization: the very rich, and the middle classes of emerging market economies. The statistical evidence for this has been cobbled together from a number of disparate sources. The evidence includes high GDP growth in emerging market economies, strong income gains recorded for those at the top of the income pyramid in the...
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Growthwallahs need to pause and reflect-Anil Padmanabhan
-Live Mint The solutions to India’s growth problems require a more holistic approach Whether rightly or wrongly, there is a growing critique of India’s current development strategy: of a top-down, trickle-down theory that rides on an extraordinary growth momentum. They are disparate, but when the dots are connected they do present a coherent reminder that this strategy may not be the best and, worse, it is not sustainable. To a large extent this...
More »Chhattisgarh govt pays for all TV news that is fit to buy-Ashutosh Bhardwaj
-The Indian Express Raipur: In May 2010, Hindi TV channel Sahara Samay presented a five-point proposal to the public relations department of the Chhattisgarh government about covering government activities during 2010-11: 1. Two-minute special package: Sahara Samay will show the package 15 times a day during news bulletins. It will contain “CM’s speeches, government policies, and special news related to various departments.” Cost: Rs 3.28 crore per year at Rs 3,000 per...
More »Striking at the root of corruption -Shailaja Chandra
-The Hindu Cleansing political parties and elections of illegal money is the first step towards tackling the evil of graft Corruption is nothing but a reflection of the distribution of power within societies. The country is where it is because the political system is self-perpetrating and no party is accountable to anyone except a coterie of people that dominates all decisions. Unless the political system is accountable, going after individual cases of...
More »Aid pours in for Kejriwal's Aam Aadmi Party on debut -Jayashree Nandi & Prerna Sodhi
-The Times of India After over a year of campaigning, dozens of protests and exposes against ministers, Arvind Kejriwal officially entered the political arena on Monday. Negating the perception that only big parties can draw hefty funds, the newly launched Aam Aadmi Party collected more than 1.10 crore on the day of the launch, with former law minister Shanti Bhushan alone donating Rs 1 crore. Day one also saw supporters pitching in...
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