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India has 31% of world's poor kids: report

-The Hindu Of the country’s 217 million children, nearly 50% endure multidimensional poverty, says Oxford survey About 31% of the world’s “multidimensionally poor” children live in India, according to a new report by the Oxford Poverty and Human Development Initiative (OPHI), a poverty reduction project grounded in economist Amartya Sen’s ‘capability approach’. “In terms of countries, fully 31% of the 689 million poor children live in India, followed by Nigeria (8%), Ethiopia (7%)...

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Farm loan waivers by states might hit Rs 2,57,000 crore by 2019 elections: BofA-ML Report

-ENS Economic Bureau 'Such waiver would prove counter-productive for the RBI’s measures to clean up bank balance sheets' Mumbai: With Maharashtra also joining the farm loan waiver bandwagon, various state governments are expected to waive off $40 billion, or Rs 2,57,000 crore, of farmers’ loans in the run-up to the 2019 general elections in the country, a global banking group has said. Farm loan waivers will amount to 2 per cent of...

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Study sounds summer ozone alert -GS Mudur

-The Telegraph New Delhi: A summer rise in ozone, an air pollutant, over the National Capital Region should stimulate health protection measures and serve as an alert to other Indian cities, the non-government Centre for Science and Environment said today. The CSE has, using Central Pollution Control Board data, identified spikes in ozone levels persisting longer with the advance of summer. The share of days violating the pollution board's standard of 100...

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GDP flop-show: Manmohan Singh has the last laugh in war of words with Narendra Modi over note ban -Dinesh Unnikrishnan

-Firstpost.com If one purely compare the January-March quarter GDP growth of fiscal year 2017 and fiscal year 2016, former Prime Minister Manmohan Singh’s prediction that demonetisation will shave off 2 percentage points of India’s GDP has come true. In the January-March quarter of FY16, GDP grew by 9 percent, which has come down to 6.1 percent in the corresponding quarter this year— a near 3 percentage point difference. Even the full...

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India fails to protect property rights of indigenous and rural women, says report

-Down to Earth None of the 30 low and middle-income countries analysed met the standards of the UN Convention on the Elimination of All Forms of Discrimination against Women In what could be a wake-up call to global conservation efforts, a new report by the Rights and Resources Initiative (RRI) says that legal protections for indigenous and rural women to own and manage property are missing in India and 29 other...

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