It's a myth that the global financial crisis left India virtually unscathed. In fact, India is the biggest victim of financial crisis-induced poverty, according to data obtained by TOI from the United Nations Department of Economic and Social Affairs' (UNDESA). Check out these figures. The UNDESA data estimates that the number of India's poor was 33.6 million higher in 2009 than would have been the case if the growth rates...
More »SEARCH RESULT
Total Matching Records found : 160
Government should have acted against hoarders: Abhijit Sen by Gargi Parsai
Planning Commission member Abhijit Sen on Monday said the government should have acted with more firmness against hoarders and speculators, to curb price rise. Dr. Sen said that whenever prices start rising some people see in it an opportunity to make money. The government should have acted against such a tendency with a firm hand. He was speaking to journalists on the sidelines of the Green Revolution II conference organised by...
More »Prosperity undermined by western farming by John Vidal
Study claims modern farming threatens nomadic cattle herding. Nomadic herders who move their cattle ceaselessly across some of the harshest environments in the world in search of grazing land are vital for Africa’s economic prosperity, but their way of life is being undermined by governments, conservationists and large-scale farmers, according to a study. Millions of hectares of land traditionally used by pastoralists in Ethiopia, Senegal, Mali, Chad, Kenya and other...
More »Inclusive growth: the missing ingredient in Bihar’s success story by Shireen Vakil Miller
Bihar has been in the news recently for recording an average growth rate of 11.3 per cent for the period between 2004 and 2009. Much has been written about the quality of governance and the improved state of roads. This is indeed commendable, and no mean achievement, for a State that had virtually become a “development outcast”. I was pleasantly surprised to note on a recent trip to Bihar the...
More »Inflated demands
As minister of statistics and programme implementation, Sriprakash Jaiswal should have the data to quantify how much money can buy. On Tuesday, making yet another pitch for increasing the annual local area fund for MPs, he said: “With prices soaring, Rs 5 crore — what we are seeking — would (be) equivalent to the Rs 2 crore given ten years ago.” His ire was directed at the Planning Commission for...
More »
