-The Hindu "World Bank too has changed its goal to fighting no longer for just eradication of poverty but also for shared prosperity" There is now a consensus the world over that the free market economic model does not work, said World Bank chief economist and former Chief Economic Adviser to the government of India Kaushik Basu on Sunday. Dr. Basu was speaking at a function organised here by the ‘Ideas for...
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Ragpickers to get ID cards, social benefits -Evelyn Ratnakumar
-The Hindu As solid waste management gets privatised, they will need to be rehabilitated Chennai: Keeping in mind the possibility of providing social entitlements to ragpickers and integrating them into an increasingly privatised solid waste management system, the Chennai Corporation is taking steps to issue identity cards to them. Working with Transparent Chennai, the civic body is conducting a survey. Last month, it enumerated the ragpickers at Kodungaiyur dumping yard. "There are about 200...
More »22% of households in cities, 31% in villages are in debt -Subodh Varma
-The Times of india Nearly a third of rural households and a quarter of urban ones are indebted according to a survey report released this week. This is understandable with the spread of credit facilities. But the scale of indebtedness revealed is astonishing: between 2002 and 2012, the average amount owed by each family has jumped seven times in cities and more than four times in rural areas. About 22% of urban...
More »In developing world, higher education key to stable employment, says new UN report
-The United Nations Higher education is a prerequisite for millions of youth in the developing world who hope to find a decent, "non-vulnerable" job, a new United Nations study has established. The study, conducted by the International Labour Organization (ILO) and released today, surveys 28 countries worldwide and demonstrates that having a high level of education "serves as a fairly dependable guarantee" towards securing a formal job. "The report confirms the role of...
More »No conditions apply -Renana Jhabvala
-The Indian Express Cash in the hands of the poor can transform their lives. With bank accounts and an Aadhaar card for all becoming a reality, it is possible to transfer money directly to the poor and check middlemen who siphon away funds. Cash transfers (CTs) come in many forms. They may be conditional or unconditional, selective or non-selective, targeted or universal. Some types of CT are as susceptible to misuse as...
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