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...
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Postpone poverty survey
What sets poverty in India apart is the effort that has gone into defining, measuring, recalibrating, contesting, recounting, refining and disputing its magnitude, nature and, at least, in the case of one protagonist, existence. This exegesis on poverty has been captured in a World Bank volume, The Great Indian Poverty Debate, published before the latest estimates by Prof Suresh Tendulkar kicked off yet another round of heated discussion on the...
More »Govt rings alarm bells on rising sea level off India coast by Shaju Philip
There is an alarming rise in sea level along the Indian coast since 2004, said Shailesh Nayak, Secretary, Ministry of Earth Sciences. Addressing the Indian Science Congress session on ‘Weather, Climate and Environment,’ Nayak said the seal-level rise during 2004-08 along the Indian coast was about 9 mm. The global average sea-level rise from 1961 to 2003 was 1.8 mm per year. The annual rate along the Indian coast was...
More »IMD evolving a model for accurate climate forecast by P Venugopal
THIRUVANANTHAPURAM: With the problem of climate change now turning into an increasing reality, the India Meteorological Department (IMD) is working on the development of a model that can forecast the subtleties of the phenomenon with a fair degree of accuracy into the next five or 10 years, according to Secretary to the Ministry of Earth Sciences Shailesh Naik. Addressing a session on ‘Science Programme for the Country,’at the 97th Indian...
More »New miracle economies: Bihar, poor states by SA Aiyar
India achieved record annual GDP growth, averaging 8.45%, in the five years, 2004-05 to 2008-09. But was this inclusive, and did it benefit the poor masses? We have no data on poverty beyond 2004-05. But the CSO has current data on the economic growth of the states. Historically, the chronically poor states were Orissa plus the BIMARU quartet (Bihar, Madhya Pradesh, Rajasthan, Uttar Pradesh), of which three have been sub-divided....
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