-Livemint.com The report compiled by the World Bank Group and Unicef says that South Asia has the second highest share at nearly 36%—with over 30% of extremely poor children living in India alone United Nations: India is home to over 30% of almost 385 million children living in extreme poverty, the highest in South Asia, according to a new report by the World Bank Group and Unicef. The report ‘Ending Extreme...

-Down to Earth A new report by the World Bank finds that extreme poverty is falling globally A new World Bank study on poverty and shared prosperity says that extreme poverty continues to fall worldwide despite the lethargic state of the global economy. However, the report warns that given projected growth trends, reducing high inequality may be necessary for reaching the goal of ending extreme poverty by 2030. In 60 out of the...

-Hindustan Times Just how many people in India are poor? The question remains unanswered with yet another government panel failing to define an official “poverty line”. After a year and half of work , a 16-member task force headed by NITI Aayog vice chairman Arvind Panagariya has failed to reach a consensus and suggested to the government that another panel of specialists be asked to do the job. HT has a copy of...

Rising prices of dal: How to deal with it? The 68th session of the United Nations General Assembly declared 2016 as the International Year of Pulses. In India, however, ordinary citizens are under enormous duress due to the skyrocketing prices of dal/ lentils since the last one year. The website of Price Monitoring Cell of the Department of Consumer Affairs shows that dal prices varied across places. For example, the...

-Bloomberg When farmers in the scorched village of Horti in Western India were struggling to raise money for a canal, they turned to an unlikely source: a crowdfunding website called FuelADream. The farmers had never heard of crowdfunding before, but a local non-profit group suggested the site and helped them write a proposal that explained how a canal would help feed local families. Within weeks, they had raised Rs 300,000 ($4,490) from...