-Livemint.com Data on incomes and wealth suggest India is far more unequal than official estimates based on consumption expenditure data suggest Inequality is in the news once again and the news is not particularly good. In a speech last month, Reserve Bank of India governor Raghuram Rajan commented that increasing inequality could be curtailing world demand. Since the rich typically spend a smaller portion of their income compared with the poor—who spend...

-The Hindu SJM leader says the nation is capable of growing on its own strength and capital With the Swadesh Jagran Manch, an RSS-front to espouse the cause of Swadeshi, questioning the NDA government’s relaxing of FDI norms in 15 sectors, the government is witnessing opposition from within Sangh Parivar circles to its bid to attract investment. Meanwhile, the Bharatiya Mazdoor Sangh (BMS) — the Sangh’s arm active among workers — has written...

-The Indian Express There is evidence to suggest that with a few modifications, MGNREGA can dent poverty. There are few government programmes that excite as much passion as the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). For advocates, it is a lifeline for the rural poor. For critics, it is a programme that distorts labour markets and does far more harm than good. In this partisan quicksand, it is hard to...

-The Times of India NEW DELHI: Jean Dreze, eminent economist and a former member of the National Advisory Council during the UPA regime, was dropped from a high profile economics conference organized by the finance ministry.  Dreze, who has been critical of some of the measures of the NDA government, was invited to speak at the Delhi Economics Conclave on Friday.  "This is the invitation I received and accepted some time ago. On...

-The Indian Express My mother does not work”. In country after country, this expression is heard each time someone describes a woman not engaged in paid employment. A recent study by McKinsey, titled “The Power of Parity: How equality for women could drive $ 2 trillion in global growth”, has evidence that every “stay-at-home” woman directly damages a country’s GDP by billions. Its message is that every woman should “work”; India’s...