The aftershock of the global financial crisis threatens to deprive millions of children in the world’s poorest countries of an education, the 2010 Education for All Global Monitoring Report warns. With 72 million children still out of school, a combination of slower economic growth, rising poverty and budget pressures could erode the gains of the past decade. “While rich countries nurture their economic recovery, many poor countries face the imminent prospect...

Like India’s topmost judge, lawyers’ regulatory bodies have been made accountable to the public under the Right to Information Act. The Central Information Commission (CIC) has ruled that bar councils are public authorities under the RTI Act and cannot refuse to share information lying with them with the public. The ruling is likely to kick off a rush of RTI applications to the bar councils, professional bodies that are expected to maintain...

New method finds India is 9 per cent poorer india is poorer than previously estimated. A revised estimation of poverty for 2004-05 using new methodology showed the number of people below the poverty line was 37.2 per cent and not 28.3 per cent, as estimated earlier. The new estimate took into account expenditure on food, basic health and education, unlike the earlier estimation based on per capita calorie consumption. The inclusions...

It is presumed that the industrial development in Bihar is hampered by lack of investments. Is it because of 'unproductive' government policies or an unpredictable law and order situation? And how to increase the flow of investment in the state? In order to find out answers to all such questions and debate these issues, Business Standard Hindi recently organised a roundtable in Patna. The seminar was attended by various small...

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....