-PTI NEW DELHI/GENEVA: Indicating a poor state of affairs on gender parity front, India was today ranked at a low 101st position on a global Gender Gap Index despite an improvement by four places since last year. The index, compiled by Geneva-based World Economic Forum (WEF), has ranked 136 countries on how well resources and opportunities are divided between men and women in four broad areas of Economy. education, politics, education and...
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$15 bn rollover of subsidy costs into next budget?
-Reuters The finance minister is finding it harder and harder to meet the government's budget promises and may sweep as much as $15 billion in subsidy costs into next year's accounts to ensure he hits fiscal targets ahead of the Lok Sabha, ministry officials say. Finance minister, P Chidambaram, insists that the fiscal deficit target of 4.8% of GDP for the year to March 31, 2014, is a red line that will...
More »What Gujarat can learn from Bihar and Odisha-Himanshu
-Live Mint Not only have Bihar and Odisha grown faster they have also ensured that benefits accrue to the poorest; in Gujarat, growth has bypassed the poor Going by logic, the poor in richer states should be better off than their counterparts living in poorer states. This is especially so when the country is seeing a welcome trend: Income growth in rural areas and poverty reduction has witnessed unprecedented acceleration. Not necessarily. Not...
More »Cutting pollution and cancer
-The Hindu The International Agency for Research on Cancer, a specialised arm of the World Health Organisation, has sounded an alert for policymakers with its conclusion that there is sufficient evidence now on outdoor air pollution as a cause of lung cancer. A separate evaluation of particulate matter in the air has led to its classification also as a ‘Group 1' pollutant, indicating firm evidence of cancer-causing properties. Given that rapidly...
More »What's cooking in inflation numbers?-Soumya Kanti Ghosh
-The Business Standard Changing aspirations and strong rural demand could explain why core inflation may not decline fast enough Recently, the Reserve Bank of India governor exuded confidence that the Indian Economy.will do fairly better in the current fiscal. While it is difficult to envisage a significant turnaround, we believe interpreting the recent inflation uptick may be the key to such optimism. We also think that inflation (both wholesale and retail)...
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