Resurgent food prices, which rose by 10% on average in many regional economies in Asia this year, can push an additional 64 million people into extreme poverty, an Asian Development Bank (ADB) report says. The study, titled, 'Global Food Price Inflation and Developing Asia', by the multilateral lending agency, finds that a 10% rise in domestic food prices could push an additional 64 million people, out of 3.3 billion people living...

The UPA-II government introduces with BJP support two anti-labour Bills, the Pension Bill and the Labour Laws Amendment Bill. ON March 24, the United Progressive Alliance (UPA) government managed to do what it had not been able to do in its first term – it reintroduced the Pension Fund Regulatory and Development Authority (PFRDA) Bill in Parliament with the support of the Bharatiya Janata Party. The objective of the Bill is...

The scheme has reduced rural migration and promoted financial inclusion, but needs to create more durable assets. The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) – the only government social welfare scheme named after the other Gandhi, not belonging to Nehru-Gandhi family – has recently completed five years. The performance of the scheme, considered a major pillar of UPA government's strategy of inclusive growth, has been a matter of debate. The...

Extreme poverty and clamour for firewood have forced some people in Nayagram into extreme occupations. One such is gathering kolmipoka, an insect with medicinal value After walking almost 30km along rutted roads since the morning, middle-aged Bonchu Nayek returns to his humble home, a two-room hut, as darkness descends on Nayagram—one of West Bengal’s poorest villages—with his day’s earning of Rs10. Nayek, whose forefathers were hunters, belongs to the Lodha-Sabar tribe. With...

The issue of acquiring farmland for industry is threatening to jolt West Bengal's Left Front, the world's longest-running democratically elected Communist government, says Sumit Bhattacharya A confidential digital map shows exactly how many land owners had taken the compensation, how many had taken partial compensation, and how many had refused to part with their land for the botched Tata Nano plant in Singur, West Bengal. The map -- based on Global...