-The Business Standard The implications of the food security Bill remain worrying The revised draft of the food security Bill, approved by the Cabinet Committee on Economic Affairs (CCEA) on Tuesday, marks some distinct changes over the draft introduced in Parliament in 2011. However, it may still not fully satisfy either the states or activists. While it retains the overall population coverage of 75 per cent rural and 50 per cent urban,...
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India’s rich are the problem-CP Chandrasekhar
-The Hindu Even as the Reserve Bank of India (RBI) frets over the high rate of inflation and wards off pressures to cut interest rates, it is faced with another challenge. Balance of payments data for the second quarter of 2012-13 show that the current account deficit continues to rise, and has touched a record 5.4 per cent of GDP. Both of these developments that would be considered signs of “overheating”...
More »India, other developing nations drive global economic growth: UN -Arlene Chang
-First Post While the average Human Development Index (HDI) for the region is 0.558, below the world average of 0.693, South Asia saw the highest growth in the index between 2000 and 2012, according to the United Nations Human Development Report 2013. The region registered an annual growth of 1.43 percent in HDI, the highest compared to other regions. It also said that the developing countries as a whole are driving the...
More »Poverty decreases sharply in developing world -Adam Thomson
-Financial Times Up to 80 per cent of the world’s middle classes will live in developing countries by 2030 thanks to surprising recent gains in poverty reduction, according to a United Nations report published on Thursday. “Never in history have the living conditions and prospects of so many people changed so dramatically and so fast,” concludes the UN’s latest Development Report. “The world is witnessing an epochal ‘global rebalancing’.” This year’s report, launched...
More »UN report reiterates a public secret: India is worse than Pak for women -Arlene Chang
-First Post Along with its dismal Human Development Index (HDI), India also has a very poor Gender Inequality Index, which is among the worst in the world, according to the latest UN Human Development Report released on Thursday. Except Afghanistan which stood at a rank of 147 compared to India’s 132, all countries in the South Asia region and also China were ranked way higher than it on the Gender Inequality Index,...
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