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UN highlights importance of ICT sector in creating opportunities for the poor

Services and goods associated with information and communications technologies (ICTs) are creating opportunities for the poor, but those sources of income are unevenly distributed and not always sustainable, the United Nations Conference on Trade and Development (UNCTAD) said today in a new report. In Kenya, for example, there are now more than 18,000 agents for the M-PESA mobile telephone-based money transfer service, and Bangladesh has some 350,000 “village phone ladies,” UNCTAD...

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India to invest Rs 15,000 crore on rural network

India has chalked out an ambitious plan to connect all the villages through telephony and Internet at an investment of Rs 15,000 crore, Sam Pitroda, an adviser to Prime Minister Manmohan Singh , said today. "A note for this investment will be sent to the Cabinet very soon," Pitroda, adviser to the Prime Minister on Public Information Infrastructure and Innovations, told reporters here. The investment would come from Rs 24,000 crore accumulated...

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Gains of Green Revolution at risk: Report

Sixty-five per cent of hungry people in the world live in Asia, according to a new report on Food Security, which also warns that the gains of the Green Revolution could be at risk due to declining trends in agricultural research and rural investment.The report prepared by a group of researches led by noted agriculture scientist M S Swaminathan, who is also known as the father of India's Green Revolution,...

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The conditional safety net by Narayan Ramachandran

Latin America, the poster child of bad economic policy in the 1980s and early 1990s, is leading the way in one rapidly evolving area of social development: conditional cash transfer (CCT) programmes. These schemes provide cash payments to poor households that meet certain behavioural requirements, generally related to children’s healthcare and education. The idea here is to support minimal levels of consumption through income transfers, while encouraging long-term human development. The...

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Hungry for action by Harsh Mander

India has long been simultaneously a country of enormous wealth and desperate poverty. In recent decades, the distance has only grown between those who enjoy living standards comparable to the finest in the world, and the millions left far behind. Even as Indians crowd the lists of the world’s richest dollar billionaires, an estimated 200 million people sleep hungry. Half our children are malnourished and nearly a fifth severely so....

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