-Live Mint The fundamental pathology of Indian policy is the overwhelming preference for subsidies over public goods One useful way to understand a fundamental flaw in policymaking in India since 2004 is to ask a rhetorical question: why is the ruling United Progressive Alliance aggressively pushing for a law guaranteeing the right to food rather than one for the right to clean drinking water? Take a look at the numbers. A February...
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India has a problem with inequality, and it won't be solved easily-Kunal Kumar Kundu
-The Business Standard Why government policy and jobless growth have let inequality worsen in recent times The Forbes list of billionaires features 55 Indians in 2013. The estimated net worth of only the top ten is $102.1 billion or approximately 5.5 per cent of India's gross domestic product. Paradoxically, every third poor person and every second malnourished child in the world is also an Indian. India also adds 7.5 million babies with...
More »Demands of unions under study, says PM-J Balaji
-The Hindu They had sought inter alia universal social security cover for both organised and unorganised sectors Prime Minister Manmohan Singh on Friday said some of the demands raised by the various central trade unions, for which they organised a nationwide general strike for two days in February, were in advanced stage of consideration of the government. Those demands include universal social security cover for workers in both organised and unorganised sectors and...
More »CPI inflation hits 13-month low, slows to 9.39 per cent in April
-CNN-IBN New Delhi: After better than expected industrial production numbers, which came at 2.5 per cent for the month of March, inflation has also hit a 13-month low. Consumer Price Index for the month of April is at 9.39 per cent against 10.39 per cent in March. Rural Inflation was also seen going down at 9.16 per cent as compared to 10.41 per cent in March. Food prices for consumers rose an...
More »Normal monsoon may give UPA some help
-The Times of India Rains could bring some relief to the UPA in the pre-election year with the meteorological department on Friday projecting a countrywide normal monsoon for 2013. The forecast should allay government's fears of food inflation jumping again over the 10% mark after being only partially tamed in the last quarter of the financial year. The weather office said that rainfall would be within the normal range - 98% of...
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