The world has achieved its first Millennium Development Goal of cutting extreme poverty in half ahead of the 2015 deadline, a study by the World Bank shows. The bank defines extreme poverty as living on under $1.25 per day, adjusted for purchasing power parity. According to the report, released this week, 1.29 billion people, or 22 percent of the developing world’s population, live below $1.25 a day, down from 52 percent...

The rate of poverty, based on the number of people living on less than $1.5 a day, declined across the developing world between 2005 and 2008, according to a World Bank report. Around 1.29 billion people lived below the defined poverty line in 2008, which was equivalent to 22 per cent of the population of the developing world. By contrast, 1.94 billion belonged to this extreme poverty category in 1981. The...

States are opposed to provisions of the bill that seek to mandate who are the beneficiaries of the proposed law The UPA can face a political alignment against the National Food Security bill similar to what it did on the National Counter Terrorism Centre (NCTC). Major states are opposed to provisions of the bill that seek to mandate who are the beneficiaries of the proposed law.  J Jayalalithaa in Tamil Nadu, Nitish...

Several undeserving candidates have allegedly been allotted money in a Murshidabad pocket under a central housing scheme for below-poverty-line people. Many residents of Gangadhari village in Naoda have been enlisted as beneficiaries of the Indira Awaas Yojana even though they already have a house and farmland, depriving homeless people. Villagers owing allegiance to the Congress lodged a complaint with the block development officer of Naoda last month accusing the RSP-run local Madhupur...

National Sample Survey Organisation's report on the average calorie intake per person in Indian households points to a much higher incidence of poverty in the country than reflected in estimates of the proportion of the population below the official "poverty" line. Among the features that sully India’s “growth story” is the persistence and possible worsening of malnutrition in the country. The subsistence nutritional intake adopted when defining the official poverty line...