-Outlook   The author of the surprise international bestseller, Capital, in the 21st Century, thinks that abolishing Income Tax is not a good idea Books on economy rarely move beyond the peer group of economists and their academic circle. But those old presumptions are now being put to the test and the rules are being rewritten from the time 42-year old French economist, Thomas Piketty, went viral. The publication of the English edition...

-Down to Earth   As India elects new government, the 12th Five Year Plan may no longer be pro-poor MUCH hope is pinned on the 12th Five Year Plan that was declared as the first health Plan by Prime Minister Manmohan Singh. The United Progressive Alliance (UPA) government, while drafting the Plan, also termed it "pro-poor" and promised the maximum budget for social welfare schemes. But as the Plan comes into force this...

-Live Mint The problem is unlikely to be solved by government action alone   With almost every second child stunted in the country, India is virtually a nutritional basket case. Despite making giant strides in reducing poverty and hunger over the past two decades, India has struggled to combat child under-nutrition. India's malnutrition burden arises from a long history of flawed policy choices and deep-rooted gender inequality, which the new government must address...

-The United Nations   Millions of people suffering under the yoke of modern slavery - more than half are women and girls primarily in commercial sex trade or domestic work - are generating some $150 billion a year in illegal profits for the people who are exploiting them, according to a new report released today by the United Nations International Labour Organization (ILO). The startling new report, Profits and Poverty: The Economics of Forced...

-The Indian Express   Muslim deprivation is embedded in broader developmental challenges. Whenever the Indian electorate has been told that the country is doing well economically, it has displayed disbelief. This voter scepticism has not spared even the largest of national parties. The relatively successful economic performance of the last decade could not be projected effectively by the UPA. BJP/ NDA strategists were quick to take advantage of this and claim that the...