To control inflation and ensure long-term economic growth, India needs to harness the creativity of the large number of its farmers and entrepreneurs, especially in rural areas. The latest WPI inflation data show primary articles inflation in double digit, driven mainly by food inflation which remains stubbornly high at over 9 per cent. The high food prices are the result of structural factors with shortages getting aggravated as demand continues to outstrip...
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India's official poverty line doesn't measure up by Jayati Ghosh
It is time to separate people's real needs from the arbitrary assessments of poverty that have guided Indian governments India's poverty line has always been a matter of huge debate, but it was a discussion mostly confined to economists and policymakers. But the matter has now gone public, following a row about an affidavit from the planning commission to the supreme court of India, in which the official poverty line was...
More »Massive Digital Divide in the Land of IT by Sujoy Dhar
In a remote Indian village in the Western state of Maharashtra, a fourth-grader named Suraj Balu Zore proudly told IPS that he can now effortlessly operate a laptop computer. Fallen by the wayside of urban India’s information technology (IT) superhighway, Khairat village – located just 80 kilometres from booming Mumbai – still has no access to the Internet. But thanks to the recent efforts of ‘one laptop per child’ – a project...
More »In developing world, poor still means thin: Study
CNN-IBN 'First world' health problems such as obesity and heart disease may be gaining ground in developing nations, but they are mostly afflicting the rich and middle class while poor people remain undernourished and underweight, a study said. Researchers who looked at more than 500,000 women from 37 mid- and low-income nations in Asia, Africa and South America found that there was a clear divide between the better-off and the poor, according...
More »Women Losing Ground in Economic, Political Equality by Sandra Siagian
While gender equality ratios have improved in 85 percent of countries over the past six years, economic participation and political empowerment for women has failed to match the steady progress of health and education, says a new report by the World Economic Forum. The report, "Global Gender Gap", compiled by Ricardo Hausmann from Harvard University, Laura Tyson from University of California, Berkeley and Saadia Zahidi from the World Economic Forum, illustrates...
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