-The Hindu Business Line Earlier this month, the World Bank decided to raise its global poverty line from $1.25 per day (in Purchasing Power Parity or PPP terms) to $1.90. A monumental change in global poverty took place earlier this month, but don’t be surprised if the world doesn’t look very different to you. Earlier this month, the World Bank decided to raise its global poverty line from $1.25 per day (in Purchasing...

-Livemint.com Drought declaration can provide farmers relief through compensation for crop damage and restructuring of loans New Delhi: Even though the monsoon ended with a 14% rainfall deficit, with nearly half the country’s districts facing a shortage of over 20%, states are delaying declaring a drought that could provide immediate relief to farmers by compensating for crop damage and restructuring farm loans. The June-September monsoon, which irrigates over half the country’s farm...

-Down to Earth In the run up to World Food Day on October 16, a Food and Agriculture Organization report focuses on the role of social protection in breaking the cycle of rural poverty The Food and Agriculture Organization’s (FAO) annual report on the State of Food and Agriculture (SOFA) 2015 explores the potential of social protection programmes in developing countries to tackle hunger and poverty. What is social protection? Social protection programmes...

-Hindustan Times When Prime Minister Narendra Modi met some prominent billionaires last month, seeking quicker job-creation and investments, many industrialists complained that falling rural demand for goods was rocking their boats too. Incomes of India’s 833 million mostly poor rural population – a huge market for all kinds of goods – are barely rising and it is a cause for worry. Farming contributes just 15% of India’s $2 trillion economy, but half...

-The Hindu Business Line Calls for more formalisation of work, greater female participation New Delhi: Creative ‘Made in India’ anti-poverty policies, such as MGNREGA (rural job guarantee scheme) and PMGSY (rural road scheme), that helped stabilise and raise household incomes, continue to inspire the world, said a senior ILO official, adding that economic growth by itself is not enough to tackle growing income inequalities and create quality jobs. “The rising tide (of growth)...