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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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The plight of the peasant by AK Shiva Kumar

The glitter of growth has added little sparkle to the lives of many peasants and rural workers. Deprivation, discrimination, and disadvantage dominate the everyday lives of large sections in rural Andhra Pradesh, an important new study*finds.  Village studies highlight features of society that are often overlooked and overshadowed by macro-studies of the economy. A recent study presents extraordinarily rich, unusually detailed and intensely disturbing data on agrarian relations, livelihoods, economic...

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Prof. Prabhat Patnaik (JNU) interviewed by Pragya Singh

The economist and political commentator who was appointed to a four-member team of the UN to recommend reforms to the global financial system critiques Budget 2010 Economist and political commentator Prabhat Patnaik, currently vice-chair of the Kerala Planning Board, is a strong critic of the government’s economic policies. In 2008, Patnaik, who has taught at JNU since the 1970s, was appointed to a four-member team of the UN to recommend...

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Indians spend 25% of income on food, 1.5% on health, 1.4% on EMIs

Of Indian households’ total annual income, 0.22 per cent is spent on buying newspapers — that is, if total national household annual income was Rs 100, 22 paise would be set aside for newspapers. Paying off bank loans (expenditure under equated monthly instalments) takes up 1.4 per cent of total household annual income. The share of health expenditure is 1.5 per cent, and that of education expenditure, 3.21 per cent....

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To Let / For Sale? by Ruchira Gupta

When a problem is big and tends to profit a powerful group, there’s a time-honoured temptation to sweep it under the rug by assuming it’s natural and inevitable. This was true of slavery until the abolitionist movement of the 19th century, and of colonialism until the contagion of independence movements in the 20th century. Now these same forces are at work in attitudes toward the global and national realities of...

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