-PTI   New York: India had 175,000 millionaire households in 2013, ranking 15th in the world, according to a Wealth report which said the total number of millionaire households in the world rose to 16.3 million last year. The Boston Consulting Group's 14th annual report on the global Wealth-management industry ‘Riding a Wave of Growth: Global Wealth 2014' said global private financial Wealth grew by 14.6% in 2013 to reach $152 trillion. The rise...

-The Hindu   It is creditable that Narendra Modi seeks inspiration for his growth model from China and Japan rather than the U.S., which is a high-cost, specialist-driven model The old adage ‘health is Wealth' was given legitimacy by no less a personage than Professor Jeffrey Sachs, who in 2000, chaired the World Health Organization's Commission on Macroeconomics and Health (CMH). The CMH report brought forth indisputable evidence of the link between health,...

-The Economic Times   NEW DELHI: The new NDA government under Narendra Modi is set to embark on an ambitious multi-million dollar sanitation project that seeks to clean up around 1,000 Indian towns besides eliminating manual scavenging as a tribute to Mahatma Gandhi whose 150th birth anniversary will be celebrated in 2019. Tentatively named the 'Mahatma Gandhi Clean India Programme', the project will start from three cities in Uttar Pradesh, including Modi's Lok...

-One World South Asia   Policy Analyst Devinder Sharma strongly advocates that the income a farmer earns in India should be de-linked from the price that his crops fetch in the market. New Delhi: Indian agriculture is faced with a terrible agrarian crisis. It is a crisis primarily of sustainability and economic viability. The spate of farmer suicide and the willingness of farmers to quit agriculture if given a choice is a stark...

-Outlook   The author of the surprise international bestseller, Capital, in the 21st Century, thinks that abolishing Income Tax is not a good idea Books on economy rarely move beyond the peer group of economists and their academic circle. But those old presumptions are now being put to the test and the rules are being rewritten from the time 42-year old French economist, Thomas Piketty, went viral. The publication of the English edition...