-Outlook Farmers refuse to give up land for industry On the one hand, Madhya Pradesh chief minister Shivraj Singh Chauhan, who calls himself a ‘kisan ka beta’, wants to earn a following with farmers. On the other hand, he wants to be seen as investor-friendly. But industry needs land; so do farmers. And farmers seem unwilling to give up their land. Whatever the price offered. On November 13, Sunia Bai, a...
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Matters of Interest
-The Indian Express A register of Interest for Lok Sabha MPs could help shore up the credibility of the legislature In addition to the assets and liabilities that they declare to the Speaker, members of the Lok Sabha may now have to furnish a declaration of their business and financial Interests in a separate register. The move, suggested by the Association for Democratic Reforms (ADR), has been recommended by the ethics committee...
More »West Bengal sees turnaround in revenue collection
-The Times of India The West Bengal government has managed a turnaround in revenue collection, thanks to innovative use of technology and the impending need to raise resources and repair the state's tattered finances. Data shows tax receipts during the first quarter of 2012-13 have risen 35%. In 2010-11, before the Trinamool Congress-led government came to power, tax collection by the Left Front government stood at Rs 21,000 crore, while in 2012-13...
More »The Real Winners and Losers of Globalization -Branko Milanovic
-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...
More »Latin Americans rank as happiest people on planet
-The Financial Express Mexico City: The world's happiest people aren't in Qatar, the richest country by most measures. They aren't in Japan, the nation with the highest life expectancy. Canada, with its chart-topping percentage of college graduates, doesn't make the top 10. A poll released yesterday of nearly 150,000 people around the world says seven of the world's 10 countries with the most upbeat attitudes are in Latin America. Many of the seven do...
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