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Give us growth and we’ll handle the inequality-Manas Chakravarty

Deng Xiaoping, the architect of modern China, had a sharp, snappy way of putting across what he wanted to say. Some of his eminently quotable quotes include: “It doesn’t matter if the cat is black or white so long as it catches mice” and “Poverty is not socialism. To be rich is glorious”. But there’s another, less well-known and even more controversial quote also attributed to him: “Let some people...

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'Rapid growth leaving millions behind in Asia'

-The Business Standard About 240 million more people in Asia, or 6.5 per cent of the population, could have been lifted out of poverty, had inequality not widened over the past 20 years, roughly the era coinciding with economic reforms in India, the Asian Development Bank (ADB) said in a report released on Wednesday. “Asia’s rapid growth is leaving millions behind, causing a widening gap between the rich and the poor that...

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Africa and Asia to lead urban population growth in next 40 years-UN report

-The United Nations Africa and Asia together will account for 86 per cent of all growth in the world’s urban population over the next four decades, the United Nations said today, adding that this unprecedented increase will pose new challenges in terms of jobs, housing and infrastructure.   Africa’s urban population will increase from 414 million to over 1.2 billion by 2050 while that of Asia will soar from 1.9 billion to 3.3...

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Delhi's irony: Urban Poverty-Srinand Jha

Each time 25 year old Salma takes her one year old son Zubair to the Batla Clinic (a private clinic in Delhi) for a shot of the DPT, the cost of transportation and the vaccine adds up to approximately Rs.500.   When it is time for Zubair to take the next immunization dose, Salma may find that the expenses have entirely spiraled out of her reach. New vaccines and expensive brands of baby...

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‘India will see highest urban population rise in 40 years'-Aarti Dhar

U.N. report says China, India together will account for about third of the increase in urban population in coming decades   India will witness the largest increase in urban population in the next four decades followed by China, a United Nations report has said. India will add another 497 million to its urban population between 2010 and 2050, while China will see 341 million people shifting into cities, followed by Nigeria (200 million),...

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