-Daily News Asia's rapid growth is leaving millions behind, causing a widening gap between rich and poor that threatens to undermine the region's stability, according to a new report from the Asian Development Bank (ADB). "Another 240 million people could have been lifted out of poverty over the past 20 years if inequality had remained stable instead of increasing as it has since the 1990s," said ADB's Chief Economist Changyong Rhee. The Asian...
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Public goods as the way to welfare-Pulapre Balakrishnan
There is evidence to show that growth is slowly becoming inclusive. But for the quality of life to improve, incomes must be complemented by infrastructure. For close to at least five years now inclusive growth has had a central place in the official discourse on the economy. The UPA II has itself worn its self-proclaimed success in delivering an inclusive growth as a badge of its effectiveness, not to mention its...
More »Farm revolution: Indian farmers finally embrace mechanisation
-Reuters PERLE: As a shiny red harvester bounces across the black earth into the first row of sugar cane, excited schoolchildren run after it and several dozen men stand gaping in the wake of its swift progress. It's the first time that Perle, a village on the banks of the Krishna river in Maharashtra state, has seen a machine used for cutting the tough cane. "This machine will harvest my entire field today,"...
More »Hint of foeticide being imported from India by GS Mudur
-The Telegraph Indian women living in Canada are more likely to have male babies during their second or third deliveries, according to a new study that hints Indians may have carried the malaise of female foeticide to Canada. Researchers in Canada have found that the male-female ratio of babies born to women from India who already have children is significantly higher than the ratio observed among women from other countries, including Pakistan. Their...
More »Starving in India: It Isn’t All About Food-Ashwin Parulkar
HETA, India – At the entrance to this village in India’s eastern state of Jharkhand, a large pond glistened under the bright autumn sun. Yellow and blue lilies surrounded it. A tailor was stitching clothes outside his shop while a few boys nearby were playing carrom on the lid of a rusted oil barrel. It was a tranquil, rustic setting – a candidate for a landscape painting, it seemed. But it...
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