-TheWire.in A recent study has found that higher caste groups have experienced constant and high upward mobility over time, a result that contradicts a popular notion that it is increasingly difficult for upper-caste Hindus to get ahead. New Delhi: A new study focusing on intergenerational mobility – changes in social status between different generations within the same family – claims India’s Muslims to be the least upwardly mobile group, Indian Express reported....

-The Indian Express The study also says that mobility levels for African Americans in US are better than those for Muslims in India but the movement of Dalits and Scheduled Tribes is comparable to that of African-Americans. New Delhi: As rising aspirations of India’s demographic dividend shape social and political discourse, comes a sobering new study: Looking at education and income, there is little inter-generational mobility (upward mobility from parent to child)...

-Livemint.com The problem escalated due to the government’s focus on infrastructure during 2002-09, especially with the efforts made to promote public-private partnerships The past two years or so have seen rapidly increasing stress in the indian banking sector, with non-performing assets (NPAs) steadily climbing from under 3% to over 13% of total assets. Loan-loss provisioning for NPAs has seriously eroded the capital base of several banks, limiting their ability to make further...

-The Indian Express The under-five mortality of the girl child is 2.5 per cent higher (40 deaths per 1,000 live births) than the under-five mortality of the boy child (39 deaths per 1,000 live births). New Delhi: In what is a major milestone in reduction of child deaths in India, the country’s under five mortality rate, for the first time, has been estimated at 39 deaths per 1,000 live births, the same...

-National Herald Maitreesh Ghatak, Professor of Economics at London School of Economics, in an interview to Tathagata Bhattacharya says the government has failed on many counts At the end of the day, it is growth and employment generation via new investment that is key to long-term economic progress. Various welfare schemes are a way of providing a social safety net to the poor in the short-run. It is performance along these two...