Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | Some 45 million Indians rose above $1.25 a day: Report    </title>
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-IANS


&nbsp;


Nearly nine million Indian households, or 45 million individuals, saw their incomes rise above the threshold of $1.25 a day, or Rs.56, in the two decades ended 2010, reflecting the success of microfinance, says a survey.

&quot;A dramatic number of families..."/>
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-IANS


&nbsp;


Nearly nine million Indian households, or 45 million individuals, saw their incomes rise above the threshold of $1.25 a day, or Rs.56, in the two decades ended 2010, reflecting the success of microfinance, says a survey.

&quot;A dramatic number of families..." />
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                            <p>-IANS</p><p>&nbsp;</p><div align="justify">Nearly nine million Indian households, or 45 million individuals, saw their incomes rise above the threshold of $1.25 a day, or Rs.56, in the two decades ended 2010, reflecting the success of microfinance, says a survey.<br /><br />&quot;A dramatic number of families moved out of poverty between 1990 and 2010,&quot; said the report, based on a survey of more than 15,000 Indian households, carried out by the India Development Foundation (IDF), a private trust that promotes market economy.<br /><br />&quot;This report is good news, coming seven months after a similar survey showed significant progress in Bangladesh,&quot; said Sam Daley-Harris, director of Microcredit Summit Campaign, which seeks to create a global environment tuned to eliminate poverty.<br /><br />&quot;There is significant correlation in both India and Bangladesh between the presence of microfinance and the movement out of poverty in the rural areas of both the countries, especially in the early years,&quot; Daley-Harris added.<br /><br />The report comes in the wake of a hugely successful initial public offering in 2010 by SKS, a private microfinance firm in India, followed by serious charges of malpractices in the country and the subsequent action by the Andhra Pradesh government.<br /><br />Those who carried out the survey sought to point out that microfinance sector in India barely existed before 1998. At the same time, the survey was largely completed before the microfinance crisis in Andhra Pradesh erupted at the end of 2010.<br /><br />&quot;While it is clear changes are needed in Indian microfinance, it is also critical we not throw out the baby with the bath water,&quot; said Shubhashis Gangopadhyay, lead researcher for the survey.<br /><br />&quot;Families in rural communities need access to financial services from the microfinance institutions that know their clients and are committed to improvements in their lives,&quot; Gangopadhyay added.<br /><br />Globally, microfinance has been faced criticism from the academic community. A series of randomized control trials have questioned the effectiveness of microfinance as a poverty reduction tool. But these studies have also met with questions of their own.<br /><br />These surveys are a part of the programes of Microcredit Summit Campaign, a US advocacy, that wants to fulfil the UN Millennium Development Goals of cutting poverty in half by 2015. The survey will be discussed at their summit at Valladolid Spain in November. <br /></div>                                                           
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        LATEST NEWS UPDATES | Some 45 million Indians rose above $1.25 a day: Report    </title>
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-IANS


&nbsp;


Nearly nine million Indian households, or 45 million individuals, saw their incomes rise above the threshold of $1.25 a day, or Rs.56, in the two decades ended 2010, reflecting the success of microfinance, says a survey.

&quot;A dramatic number of families..."/>
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-IANS


&nbsp;


Nearly nine million Indian households, or 45 million individuals, saw their incomes rise above the threshold of $1.25 a day, or Rs.56, in the two decades ended 2010, reflecting the success of microfinance, says a survey.

&quot;A dramatic number of families..." />
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    <h1 class="cat-box-title">Some 45 million Indians rose above $1.25 a day: Report</h1>
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                            <p>-IANS</p><p>&nbsp;</p><div align="justify">Nearly nine million Indian households, or 45 million individuals, saw their incomes rise above the threshold of $1.25 a day, or Rs.56, in the two decades ended 2010, reflecting the success of microfinance, says a survey.<br /><br />&quot;A dramatic number of families moved out of poverty between 1990 and 2010,&quot; said the report, based on a survey of more than 15,000 Indian households, carried out by the India Development Foundation (IDF), a private trust that promotes market economy.<br /><br />&quot;This report is good news, coming seven months after a similar survey showed significant progress in Bangladesh,&quot; said Sam Daley-Harris, director of Microcredit Summit Campaign, which seeks to create a global environment tuned to eliminate poverty.<br /><br />&quot;There is significant correlation in both India and Bangladesh between the presence of microfinance and the movement out of poverty in the rural areas of both the countries, especially in the early years,&quot; Daley-Harris added.<br /><br />The report comes in the wake of a hugely successful initial public offering in 2010 by SKS, a private microfinance firm in India, followed by serious charges of malpractices in the country and the subsequent action by the Andhra Pradesh government.<br /><br />Those who carried out the survey sought to point out that microfinance sector in India barely existed before 1998. At the same time, the survey was largely completed before the microfinance crisis in Andhra Pradesh erupted at the end of 2010.<br /><br />&quot;While it is clear changes are needed in Indian microfinance, it is also critical we not throw out the baby with the bath water,&quot; said Shubhashis Gangopadhyay, lead researcher for the survey.<br /><br />&quot;Families in rural communities need access to financial services from the microfinance institutions that know their clients and are committed to improvements in their lives,&quot; Gangopadhyay added.<br /><br />Globally, microfinance has been faced criticism from the academic community. A series of randomized control trials have questioned the effectiveness of microfinance as a poverty reduction tool. But these studies have also met with questions of their own.<br /><br />These surveys are a part of the programes of Microcredit Summit Campaign, a US advocacy, that wants to fulfil the UN Millennium Development Goals of cutting poverty in half by 2015. The survey will be discussed at their summit at Valladolid Spain in November. <br /></div>                                                           
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        LATEST NEWS UPDATES | Some 45 million Indians rose above $1.25 a day: Report    </title>
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Nearly nine million Indian households, or 45 million individuals, saw their incomes rise above the threshold of $1.25 a day, or Rs.56, in the two decades ended 2010, reflecting the success of microfinance, says a survey.

&quot;A dramatic number of families..."/>
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-IANS


&nbsp;


Nearly nine million Indian households, or 45 million individuals, saw their incomes rise above the threshold of $1.25 a day, or Rs.56, in the two decades ended 2010, reflecting the success of microfinance, says a survey.

&quot;A dramatic number of families..." />
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    <h1 class="cat-box-title">Some 45 million Indians rose above $1.25 a day: Report</h1>
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                            <p>-IANS</p><p>&nbsp;</p><div align="justify">Nearly nine million Indian households, or 45 million individuals, saw their incomes rise above the threshold of $1.25 a day, or Rs.56, in the two decades ended 2010, reflecting the success of microfinance, says a survey.<br /><br />&quot;A dramatic number of families moved out of poverty between 1990 and 2010,&quot; said the report, based on a survey of more than 15,000 Indian households, carried out by the India Development Foundation (IDF), a private trust that promotes market economy.<br /><br />&quot;This report is good news, coming seven months after a similar survey showed significant progress in Bangladesh,&quot; said Sam Daley-Harris, director of Microcredit Summit Campaign, which seeks to create a global environment tuned to eliminate poverty.<br /><br />&quot;There is significant correlation in both India and Bangladesh between the presence of microfinance and the movement out of poverty in the rural areas of both the countries, especially in the early years,&quot; Daley-Harris added.<br /><br />The report comes in the wake of a hugely successful initial public offering in 2010 by SKS, a private microfinance firm in India, followed by serious charges of malpractices in the country and the subsequent action by the Andhra Pradesh government.<br /><br />Those who carried out the survey sought to point out that microfinance sector in India barely existed before 1998. At the same time, the survey was largely completed before the microfinance crisis in Andhra Pradesh erupted at the end of 2010.<br /><br />&quot;While it is clear changes are needed in Indian microfinance, it is also critical we not throw out the baby with the bath water,&quot; said Shubhashis Gangopadhyay, lead researcher for the survey.<br /><br />&quot;Families in rural communities need access to financial services from the microfinance institutions that know their clients and are committed to improvements in their lives,&quot; Gangopadhyay added.<br /><br />Globally, microfinance has been faced criticism from the academic community. A series of randomized control trials have questioned the effectiveness of microfinance as a poverty reduction tool. But these studies have also met with questions of their own.<br /><br />These surveys are a part of the programes of Microcredit Summit Campaign, a US advocacy, that wants to fulfil the UN Millennium Development Goals of cutting poverty in half by 2015. The survey will be discussed at their summit at Valladolid Spain in November. <br /></div>                                                           
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Some 45 million Indians rose above $1.25 a day: Report

Published on Aug 18, 2011   Modified on Aug 18, 2011

-IANS   Nearly nine million Indian households, or 45 million individuals, saw their incomes rise above the threshold of $1.25 a day, or Rs.56, in the two decades ended 2010, reflecting the success of microfinance, says a survey. "A dramatic number of families moved out of poverty between 1990 and 2010," said the report, based on a survey of more than 15,000 Indian households, carried out by the India Development Foundation (IDF), a private trust that promotes market economy. "This report is good news, coming seven months after a similar survey showed significant progress in Bangladesh," said Sam Daley-Harris, director of Microcredit Summit Campaign, which seeks to create a global environment tuned to eliminate poverty. "There is significant correlation in both India and Bangladesh between the presence of microfinance and the movement out of poverty in the rural areas of both the countries, especially in the early years," Daley-Harris added. The report comes in the wake of a hugely successful initial public offering in 2010 by SKS, a private microfinance firm in India, followed by serious charges of malpractices in the country and the subsequent action by the Andhra Pradesh government. Those who carried out the survey sought to point out that microfinance sector in India barely existed before 1998. At the same time, the survey was largely completed before the microfinance crisis in Andhra Pradesh erupted at the end of 2010. "While it is clear changes are needed in Indian microfinance, it is also critical we not throw out the baby with the bath water," said Shubhashis Gangopadhyay, lead researcher for the survey. "Families in rural communities need access to financial services from the microfinance institutions that know their clients and are committed to improvements in their lives," Gangopadhyay added. Globally, microfinance has been faced criticism from the academic community. A series of randomized control trials have questioned the effectiveness of microfinance as a poverty reduction tool. But these studies have also met with questions of their own. These surveys are a part of the programes of Microcredit Summit Campaign, a US advocacy, that wants to fulfil the UN Millennium Development Goals of cutting poverty in half by 2015. The survey will be discussed at their summit at Valladolid Spain in November.

The Economic Times, 18 August, 2011, http://economictimes.indiatimes.com/news/economy/indicators/some-45-million-indians-rose-above-125-a-day-report/articleshow/9646316.cms

Tagged with: Poverty

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