-Business Standard Govt's revised method of calculating output and growth make recomparisons inevitable in earlier judgments At the outset, nobody would believe that India's economy expanded by double-digits only four years earlier and the growth rate in gross domestic product (GDP) dived to as little as below four per cent during the global financial crisis period of 2008-09. Yet, these would be the facts if one measures growth in terms of the...
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The dynamics of inequality
-The Hindu Occupational and geographic mobility across the region are bridging income and consumption-related disparities, says the World Bank report, ‘Addressing Inequality in South Asia'. The findings accordingly underscore the role of urbanisation and private sector participation as being critical to mitigating socio-economic disadvantages. Inequality should be understood in terms of monetary and non-monetary dimensions of well-being, contends the report. The share of the poorest 40 per cent of households...
More »Narendra Modi govt cracks down on NGOs, prepares hitlist -Sanjib Kr Baruah and Rajesh Ahuja
-The Hindustan Times The Centre may act against some of the 188 NGOs red-flagged by the Intelligence Bureau for alleged misuse of foreign funds, suspected extremist links and proselytization. These non-government organisations were reported by the internal spy agency and a list sent to the home ministry, documents accessed by HT have revealed. The country's top tax body the central board of direct taxes (CBDT) and enforcement directorate (ED), which tracks foreign funds...
More »Indian companies spent only 1.4% on CSR; telecom, media contributions lowest: report -Sourjya Bhowmick
-The Hindustan Times At a time when global political and business leaders are discussing at the World Economic Forum in Davos ways to be more socially responsible and reduce social divide, a report says most Indian businesses lag behind in fulfilling their corporate social responsibility (CSR). According to the report published by German development aid agency Deutsche Gesellschaft für Internationale Zusammenarbeit (GiZ) in collaboration with the Indian Institute of Corporate Affairs...
More »Govt to ease CSR fund flow into holy river -Dipak K Dash
-The Times of India NEW DELHI: In a move to involve private players more to clean Ganga, the govt is keen to allow corporates to spend their CSR fund without any interference of municipal bodies in 118 cities and towns along the river. Corporates would be allowed to undertake projects that contribute to this mission after getting easy approval from the municipal bodies. "The issue was discussed at a meeting chaired...
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