-The Business Standard Berhampur (Odisha): The expert team of the World Bank and asian development bank (ADB) on Wednesday visited different areas of the cyclone Phailin-hit Ganjam district in Odisha to assess the damage caused due to the calamity. Divided in groups, the 14-member team along with the government officers visited different areas including slum pockets in Berhampur, fishermen and coastal villages in Ganjam, Chhatrapur and Rangeilunda blocks. The team led by the...
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53% Indian households defecate in open: World Bank says on World Toilet Day
-PTI WASHINGTON: With over 600 million people in India or 53 per cent of Indian households defecating in the open, absence of toilet or latrine is one of the important contributors to malnutrition, a World Bank report has said. The report that released on Monday on the eve of the first ever UN World Toilet Day, the World Bank said, access to improved sanitation can increase cognition among children. Currently, more than 2.5...
More »Clarity on loan waivers
-The Asian Age Reserve Bank deputy governor K.C. Chakraborty has finally set the record straight on what is well known in left-wing development circles: that Corporate India's loans waived by banks are more (over Rs. 1 lakh crore in the past 13 years) than farm loans to the tune of Rs. 60,000 crores written off under the Debt Waiver and Debt Relief Scheme. More revealing is that medium and large units have...
More »ADB to Provide $10 Bn Assistance to India Over 5 Years
-Outlook Multilateral lending agency asian development bank (ADB) will provide loan of USD 2 billion annually for five years till 2017 to India to create jobs, enhance investment reforms, and improve infrastructure. "The ADB and Government of India have agreed to a new country partnership strategy for 2013-2017 which supports the country's 12th Five Year Plan .... The strategy comes with a financial envelope of around USD 10 billion...," the Manila based...
More »The EU flexes its muscles on caste-Arvind Sivaramakrishnan
-The Hindu The practices concerned are most widespread in South Asia and in South Asian diasporas. The European Parliament's recent resolution circumvents India's contention that caste oppression does not constitute racial discrimination. On October 10, the 766 members of the European Parliament, who represent just over half-a-billion people in 28-member-states, passed a historic resolution recognising caste-based discrimination and discrimination based on work and descent as a violation of human rights and an...
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