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Rich Economy, Poor Management -Pranab Bardhan

-Outlook Don’t blame globalization for inequality – but rather policies hijacked by a few Economic globalization in the sense of expansion of foreign trade and investment is, of course, somewhat anaemic, reflecting the impact of global recession, although still vigorous in the sense of continuous international transmission of technology, information, ideas and social media. But in the world of politics and policymaking a cold wind is blowing, dimming earlier enthusiasm for global...

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Nearly 71 per cent of Indians aged between 60 and 80 years forced to work: Survey

-IANS Nearly 71 per cent of India's elderly aged between 60 to 80 years are compelled to work, said a survey conducted by United Nation Population Fund (UNFPA) India. The survey, partnered with many other organisations, noted that 71 per cent elderly work due to economic necessity and not by choice, and that there is a close link between current work participation and poverty and illiteracy. The survey was done in seven...

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Foreign investment in developing countries must involve local farmers to succeed – UN

-The United Nations International investments must give local farmers and active role and leave them in control of their land if they are to have a positive effect on the host country’s economy and advance development, according to a report released today by the United Nations food agency. Produced by the UN Food and Agriculture Organization (FAO), the report – Trends and Impacts of Foreign Investment in Developing Country Agriculture – emphasizes...

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Hisar’s shame -TK Rajalakshmi

-Frontline There is growing violence against women and children in Haryana, aided by the apparent collusion between the State government and the upper-caste-dominated khap panchayats. THE road leading to Dabra village in Haryana’s Hisar district is not very difficult to locate. It was at Dabra, a mere 15 kilometres from the district headquarters, that a heinous crime was committed on September 9. It would have gone unnoticed had it not been accompanied...

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The roots of poverty: Ruinous healthcare costs-Anirudh Krishna

-Live Mint While natural disasters grab our attention, everyday events like illness drag most people into poverty  In a small town of Gujarat, I met Chandibai, a woman, about 50 years of age. Fifteen years previously, her husband, Gokalji, had owned a general-purpose shop in the town centre. The family also owned a house and some agricultural land. In 1989, Gokalji developed an illness that confined him to bed, sometimes at home...

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