-Live Mint Rural livelihoods have improved because of MGNREGA. It is wrong to say the scheme has not worked If some recent news articles are to be believed, the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), a scheme that costs less than 0.35% of India's gross domestic product (GDP), has crashed the country's economy. The latest to join this bandwagon of criticism is an editorial in Mint. ("MGNREGA: A tale...

-The Business Standard The challenge to anti-inflation policy lies in better institutions and better evidence-based policy Our failure to rein in inflation has been costly. Economically, it has hurt growth. Poor and urban middle-class households have been affected the most. A combination of slowing growth and high inflation has weakened our macro-fundamentals: households fled financial savings, domestic and foreign investors lost confidence, and the rupee plunged. Politically, it has been a disaster. For...

-The Hindustan Times 2.5 million people have died in last 30 years due to natural disasters and global economic losses caused by extreme weather events have risen to just under $200 billion a year over the last decade, a report by the World Bank showed on Monday. As the global climate continues to change, the costs and damages from extreme weather related to warming planet are growing and while all countries...

-The Hindu India needs an early agreement, and also adequate atmospheric "space" in terms of allowed carbon emissions to pursue its development goals. It needs to take a proactive stance on this By all accounts, no dramatic developments are to be expected from the 19th edition of the Conference of Parties (COP) of the United Nations Framework Convention on Climate Change (UNFCCC) that started in Warsaw last week. But it is generally...

-The Hindu The economic vulnerabilities that confront households in the current sluggish recovery from the global meltdown are aggravating the fight against child labour, says the International Labour Organisation. Its latest report emphasises the need for universal coverage of at least a minimum level of social security to help some 215 million working children. Half that number is trapped in the worst forms of child labour - work akin to...