-TheLeaflet.in The recent observations of the Delhi High Court in Samar Pal versus Union of India urge us to ponder whether the right to life of slum dwellers deals with mere existence or includes the right to livelihood within its ambit. ——– BEYOND the skyscrapers and posh lifestyle of cosmopolitan cities of India lie the lives of millions of slum dwellers. According to the 2018 report of the world bank, 35 per cent...
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Is India No More World's 3rd Largest Economy? A FactCheck -Mohammed Kudrati
-BOOMLive.in A graphic misleadingly compares India's economic size to its economic growth rate to convey the economy being in bad shape A viral graphic stating that India has fallen from the third largest economy in the world in 2011 to the 164th fastest growing economy out of 193 countries in 2021, is misleading. This is due to two reasons. First, the graphic makes an apple to oranges comparison as it compares India's position...
More »India still among countries with poor access to banking: Report -Madhumita Paul
-Down to Earth More than half of population without access to banking lives in 7 developing countries: world bank India is among seven countries home to half the world’s 1.4 billion adults without access to formal banking, a recent world bank report has flagged. The report also noted that in Sub-Saharan Africa, young adults (ages 15–24) make up almost 40 per cent of those without access to banking. But in some European and...
More »70 per cent of 10-year-olds in 'learning poverty', unable to read and understand a simple text
-Press release by UNICEF dated 23 June, 2022 COVID-19 worsens global learning crisis, risking $21 trillion in lifetime earnings WASHINGTON: As a result of the worst shock to education and learning in recorded history, learning poverty has increased by a third in low- and middle-income countries, with an estimated 70 per cent of 10-year-olds unable to understand a simple written text, according to a new report published today by the world bank,...
More »Neo-Liberalism and Anti-Inflationary Policy -Prabhat Patnaik
-NetworkIdeas.org Central banks all over the capitalist world are raising, or are about to raise, interest rates as a means of countering the currently rampant inflation, which is certain to push a world economy that is barely recovering from the effect of the pandemic, back towards stagnation and greater unemployment. Of course the Federal Reserve Board of the US which sets the standard in this respect for all other central banks, claims...
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