We have five million children in the labour market, say official figures. Their actual numbers may be four times as many. As a nation, we have failed each one of them… Millions of our children still labour today, in factories, farms, kilns, mines, homes and city waste dumps, when they should be in school or in a playground. We profoundly fail these children, collectively depriving them of education, play, rest, healthy...
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New Lamps for Old by Chandrashekhar Dasgupta
The climate change negotiations are deadlocked because of a basic difference of approach. developing countries are calling for enhanced implementation of existing agreements, while developed countries are insisting on a new agreement that would shift a large share of their obligations to the shoulders of developing countries, particularly the ‘newly emerging economies’ like India and China. The European Union is calling for negotiations on a new agreement to replace the...
More »What’s Wrong and Right with Microfinance by David Hulme and Thankom Arun
Recent events in south Asia have led to an unexpected reversal in the narrative of microfinance, long presented as a development success. Despite charges of poor treatment of clients, exaggeration of the impact on the poorest as well as the risks of credit bubbles, the sector can play a non-negligible role in reaching financial services to low-income households. In regulating the sector, there is need for caution in setting interest...
More »10 times hotter in 90 years, says report by Jayanta Basu
-The Telegraph The world is likely to get 10 times hotter in the next 90 years, a report released today by the Intergovernmental Panel on Climate Change has said. The report links the rise in temperatures to the “high greenhouse gas emission scenario” caused by human activity. It says intense drought, heavy precipitation and intensity of tropical cyclones are also likely to increase. Titled “Special Report on managing the risks of extreme events...
More »World Livestock Report Packs Many Surprises
We see malnutrition as a burden on our conscience, and on our exchequer. We also know it is a daunting task to get rid of child malnutrition. But do we know about the economic benefits on the other side? A new FAO report tells us that India can increase its national income by a massive US$ 28 billion by eliminating child malnutrition. Now that is serious economic gain so read...
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