-IPSNews.net UNITED NATIONS: When the Royal Swedish Academy of Sciences awarded the 2015 Nobel Prize in Economics to Professor Angus Deaton of Princeton University, the accolade had a significant relevance to the United Nations. The Academy bestowed the honour on the British-born Deaton, 69, primarily for his analysis of consumption, poverty and welfare.   Deaton’s research reflects some of the socio-economic issues on the U.N. agenda, including poverty alleviation, economic inequalities, consumption patterns, household...

-Livemint.com Drought declaration can provide farmers relief through compensation for crop damage and restructuring of loans New Delhi: Even though the monsoon ended with a 14% rainfall deficit, with nearly half the country’s districts facing a shortage of over 20%, states are delaying declaring a drought that could provide immediate relief to farmers by compensating for crop damage and restructuring farm loans. The June-September monsoon, which irrigates over half the country’s farm...

-Livemint.com/PTI According to a World Bank report, the number of people living in extreme poverty around the world is likely to fall to under 10% of the global population in 2015 Washington: India accounted for the largest number of poor people in any country in 2012, but its poverty rate was lowest among countries having large number of poor population, a latest World Bank report has said. According to the report,...

-Business Standard India’s growth in agriculture and allied activities has struggled to reach the targeted four per cent average a year in the first three years of the 12th five-year Plan because of a host of factors. The below-average farm growth is widely expected to deepen the crisis in the farm sector. In an interview with Sanjeeb Mukherjee, newly-appointed member of NITI Aayog and eminent agriculture economist Ramesh Chand  said over-reliance...

-The Hindu Rescuing Maternal and Child Health-only systems, which have become under-resourced and have built a very high-cost but low-performance culture, will be a challenging task. Given the rising burden of non-communicable diseases, there is an increasing demand to build health systems that can address these concerns. However, given how large the unfinished agenda of the Millennium Development Goals is, the Indian government has chosen to stay focussed on Maternal and Child...