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UN identifies strategies to accelerate development and poverty reduction

Development models that focus attention on the poor while expanding job opportunities, increased government spending on social services and aid flows from affluent nations are all successful strategies for alleviating global poverty, the United Nations says. Access to low carbon energy and mobilizing domestic capital by, for example, improving tax collection, are the other factors the UN Development Programme (UNDP) identifies in a new report as crucial factors for the...

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UNDP hails MNREGS

The latest report on the progress of millennium development goals (MDG) by the United Nations has said that robust social protection and employment schemes such as India's Mahatma Gandhi National Rural Employment Guarantee Scheme (MNREGS) reduce poverty and reverse inequality. In its report, ‘What Will it Take to Achieve Millennium Development Goals,' the United Nations Development Programme (UNDP) has said the MNREGS is known for improving livelihoods through legal guarantee of...

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Road to riches: Better connectivity changes rural landscape by Prachi Marwah

Children of a remote north-east village Dibrual Dehingio Gaon are now studying in nearby English medium schools, 40 people of Padamunda village in Orissa are employed in transportation business in nearby town and habitants of flood-prone regions of Bihar are no longer starving during rainy seasons; thanks to construction of rural roads under country’s flagship programme Bharat Nirman. Better connectivity has pushed up agricultural income in rural India by 17.6%...

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Grain banks guard against loan & seed sharks

This is a story of a bunch of gritty women in a small Andhra village who used their traditional resources and knowledge to fight poverty and create a source of livelihoods for others. A group of 34 women, most of them illiterate, at village Pyalayaram, which falls in Deccan region of Zaheerabad mandal in the state of Andhra Pradesh.decided to set up a community grain bank with a little help...

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Why Posco is in trouble in India

Posco, the world's fourth largest steel maker, was in January ranked among a global list of 100 companies that will last for the next 100 years. Interestingly, governance, transparency and capacity to handle environment-related issues are taken into account in selecting these 100 companies "Posco will not only last the next 100 years, but will go beyond, and India will play a big part in our story of survival and growth", CK...

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