-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...
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Joblessness rises to 5-year high -Somesh Jha
-The Hindu Female unemployment rose to 8.7% in 2015-16 from 7.7% a year earlier Jobless economic growth continues to haunt India's youth, with the country’s unemployment rate rising to a five-year high of five per cent in 2015-16, according to the latest annual household survey on employment conducted by Labour Bureau. India’s economy grew 7.1 per cent in the first quarter of 2015-16, slowing from 7.9 per cent a year earlier. The country’s...
More »Government presses on with Aadhaar in ration system despite glitches, delayed food law -Anumeha Yadav
-Scroll.in By March 2017, Aadhaar will be mandatory for food benefits even as fingerprint authentication problems persist, and rules on grievance redress are missing The National Democratic Alliance government has asked the states and Central ministries to link the details of all beneficiaries of its social welfare schemes with Aadhaar, a biometric-based unique identity number, by March 2017. On September 14, the Unique Identity Authority of India – the agency that manages the...
More »'Farmers having land holdings below 10 acres under threat of poverty' -Shishir Arya
-The Times of India NAGPUR: "Farmers need to increase their land holdings to at least 10-12 acres in order to earn a decent income from agriculture. Unfortunately, not many farmers in the state own land up to this level," said Sukhdeo Thorat, the chairman of Indian Council of Social Science Research (ICSSR). Thorat, who was speaking at a seminar on farm crisis organized by Dr Ambedkar Agricos Association of India, said the...
More »Economist Dreze writes to Nitish, criticizes PDS in Bihar -Pranav Chaudhary
-The Times of India PATNA: "I am disappointed to find no further progress in the public distribution system (PDS) in the state", says noted development economist Jean Dreze in a letter addressed to the Bihar CM Nitish Kumar. In a letter to CM Nitish Kumar on Monday Dreze said: "As you know, we have been watching the PDS in Bihar with keen interest. We were impressed with the rapid improvements that...
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