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Global meltdown wipes out Asia's gains by Prime Sarmiento

The global economic crisis has wiped out developing Asia's recent gains in poverty eradication as the meltdown is expected to have driven 21 million more people in the region into poverty. A joint report by the United Nations and the Asian Development Bank shows that the global economic slowdown has slackened trade, slashed export and tourism receipts and raised unemployment levels. This makes it difficult for the region to achieve its...

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World Economic Situation bleak

This report is sure to come as a shocker for all those who thought the worst was over after believing that the recession is petering out. The recently released World Economic Situation and Prospects 2010 (WESP) of the United Nations (UN), predicts that the economic growth in the developing world will remain well below the pre-crisis pace of more than 7 per cent per annum. China’s and India’s economies are...

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No financial crisis impact? India's poor grew by 34 mn by Rukmini Shrinivasan

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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Advocate Sudha Bharadwaj interviewed by Jyoti Punwani

Advocate Sudha Bharadwaj of the Chhattisgarh Mukti Morcha and PUCL talks to Jyoti Punwani about Chhattisgarh, where the Centre has announced the start of its offensive against the Maoists: What news of the offensive? When Operation Green Hunt began in September, notice under Section 95 of the CrPC (which includes sedition) was served on newspapers for publishing the Maoists' press releases, which said that the only persons to have been...

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Farmers offer Gram Sabha land to Govt. for opening varsity

At a time when farmers across the country have been agitating against acquisition of their land for developmental works, a delegation from Delhi’s villages called on Chief Minister Sheila Dikshit and presented to her a resolution offering 540 bighas of land in the Ghumanhera village in Najafgarh for opening of a State university. The delegation, led by Delhi Pradesh Congress Committee general secretary Naresh Kumar and president of 360 Khap Palam...

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