-The World Bank Press Release WASHINGTON- The number of people living in extreme poverty around the world has sharply declined over the past three decades, but in 2010 it still included roughly 400 million children, or one -third of those living in such abysmal conditions, according to a new World Bank analysis released today that for the first time gives an in-depth profile of the poorest people in the world. The report...

-The Times of India NEW DELHI: Jupiter's gravity could be Rahul Gandhi's flourish, but "escape velocity" is a buzzword in macro economics and empowerment this year, figuring in the title of an influential paper by two Harvard economists studying racial inequality. In "Achieving escape velocity: Neighbourhood and school interventions to reduce persistent inequality", Harvard's Roland D Fryer and Lawrence F Katz examine policies that enable youth to "escape the gravitational pull of...

-The Hindu ‘They are free and we are trapped,' says a resident, as many villagers share her fear that they may be targeted again LAXMANPUR BATHE (BIHAR): On Wednesday night, Baudh Paswan kept tossing and turning in bed, his appetite and sleep gone. "I feel they will come back again," he murmured. As they did on the night of December 1, 1997 and began a killing spree. Armed with firearms and swords, members...

-The Times of India HYDERABAD/ VIJAYAWADA: With another round of talks between the government and protesters failing to end the impasse over bifurcation of Andhra Pradesh, the misery of denizens is increasing every minute across strife-torn Seemandhra. From a foundry worker in Vijayawada to an upper middle class Banker in Visakhapatnam, the two-month strike, which has gathered more steam now has spared none, with heartrending stories of people suffering across the roiled...

-PTI The job scheme has established the country as a model of inclusive development worldwide The government's ambitious rural job scheme MNREGA has not only unleashed a revolution in rural India but has also established the country as a model of inclusive development worldwide, says a new World Bank report. Hailing MNREGA, 'The World Development Report 2014 (WDR 2014), Risk and Opportunity -Managing Risk for Development' says the scheme illustrates how good governance and social mobilisation...