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Half of India’s population lives below the poverty line by Arun Kumar

According to a new Oxford University study, 55 percent of India’s population of 1.1 billion, or 645 million people, are living in poverty. Using a newly-developed index, the study found that about one-third of the world’s poor live in India. The Multidimensional Poverty Index (MPI) has been developed by the Oxford Poverty and Human Development Initiative and the United Nations Development Program (UNDP) as a more precise and comprehensive means of...

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Global Wheat Shortage Feared as Prices Surge by Liam Pleven and Tom Polansek

Wheat prices have staged the most drastic rise in more than 50 years, as a drought in Russia fuels growing worries that it could lead to a global shortage of the grain. Harsh heat and a lack of rain in Russia have killed half of the crop in some hard-hit areas. The slump in production in one of the world's most fertile breadbaskets has pushed prices up 62% since early June,...

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Settlement of FRA issues to delay Posco land acquisition further

The views of the Union Ministry of Environment and Forest (MoEF) panel on violation of Forest Right Act in the Posco project site area is likely to further delay the land acquisition process and precipitate the problems for the South Korean steel major which has been facing uphill task in acquiring land for the project due to local protests. The MoEF panel visited the Posco project site villages yesterday and interacted...

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Modi to copy Mao's healthcare system

It's not China's special economic zones that chief minister Narendra Modi wants to replicate in Gujarat. The state government has taken a leaf out of the Chinese cultural revolution of late 1960s, when Mao Zedong formally attacked "western trained" medical system and floated the concept of ‘barefoot doctors'. The health ministry has decided to compensate for sharp shortage of allopathic doctors in the state by making large-scale appointment of barefoot...

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Hernando de Soto interviewed by Shekhar Gupta on NDTV’s Walk the Talk

Peruvian economist Hernando de Soto turned classical capitalism on its head with his trickle-up theory: that if you create wealth at the bottom of the pyramid, it will find its way up. de Soto, president of the Institute for Liberty and Democracy, speaks to The Indian Express Editor-in-Chief Shekhar Gupta on NDTV’s Walk the Talk on the need for the poor to be able to participate in the global economy...

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