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ADB: Food prices may push millions of Asians into poverty

Poor families may find it tough to pay for medical care, children's education “Recent gains in poverty reduction made in Asia will be undermined” Resurgent global food prices, which averaged 10 per cent in many economies and posted record increases in the first two months of 2011, may push nearly 30 million Indians and 64 million people in the Asian region into extreme poverty, the Asian Development Bank (ADB) said on Tuesday. In...

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Food prices may push millions of Asians into poverty: ADB

Resurgent food prices, which rose by 10% on average in many regional economies in Asia this year, can push an additional 64 million people into extreme poverty, an Asian Development Bank (ADB) report says. The study, titled, 'Global Food Price Inflation and Developing Asia', by the multilateral lending agency, finds that a 10% rise in domestic food prices could push an additional 64 million people, out of 3.3 billion people living...

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Saga of struggles by Lyla Bavadam

NEARLY 80 km from Pune is Ralegan Siddhi village with about 3,000 people. It would have been one among the hundreds of nondescript villages in Parner taluk of Ahmednagar district, Maharashtra, had it not been for Kisan Baburao Hazare, 71, better known as Anna, or older brother, a title that was appended to his name after he made the village more than just a dot on the map. Until he was...

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Bribes: a small but radical idea by P Sainath

To ask a people burdened with systemic bribery to accept bribe-giving as legal is to demand they accept corruption and the existing structures of power and inequity it flows from. Let's get this right. The Chief Economic Adviser to the Ministry of Finance, Government of India, wants a certain class of bribes legalised? And says so in a paper titled “Why, for a Class of Bribes, the Act of Giving a...

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Too many in India by Alaka M Basu

Late last month we received the exciting news that India now has a population of 1.21 billion. This figure generated less discussion than I expected. Maybe it would have been more mind-boggling a few months ago, before all the scams and scandals inured us to the large number of zeros that a billion signifies. Or maybe we were distracted by the other bad news in the census results — the...

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