-Live Mint   The Musahar communities of eastern UP and Bihar have been unable to escape the trap of desperate poverty India has been conspicuously less successful than many other emerging economies in the scale, speed and depth of its reversal of poverty. But many scholars say that whatever one's measures of poverty, young people on an average have better educational and economic prospects today than those of their parents and grandparents. They...

-The Telegraph Even as it is busy trying to resolve other people's conflicts in so many parts of the world, the United Nations has recently created a conflict of its own. It began innocuously enough. The organization has always tried to get consensus around matters on which it is often very difficult to arrive at such consensus. The usual strategy to achieve this is to sufficiently water down the language in its...

-The Hindu Chennai: In an indication of poor economic growth taking its toll on the job market, an estimated 12 million people may be forced to look for low-quality, low productivity rural or agriculture jobs over seven years, a reversal of old trend of migration from farm to non-farm employment opportunities, pointed out a report of CRISIL Research. Job generation in the non-farm sector will slow down sharply in the coming...

-The Times of India NEW DELHI: The Prime Minister on Friday called for a political consensus on "more difficult reforms", indicating that the government was considering a cut in fuel subsidy, which would mean higher petrol and diesel prices, and bringing in measures to curb gold imports. Making a statement in the Lok Sabha on the current economic situation, Manmohan Singh admitted that the current account deficit had gone up sharply and...

-The Economic Times The latest round of NSS - the 68th employment-unemployment round - brings good news for jobs. The data for 2011-12 shows that total employment in the economy has risen from 460.2 million in 2009-10 to 472.9 million in just two years. This is good news compared to the previous five-year period that saw an increase of only 2.5 million jobs over 2004-05 and 2009-10. Another piece of good news...