Resurgent global food prices, which averaged 10 per cent in many economies and posted record increases in the first two months of this year, may push nearly 30 million Indians and 64 million people in the Asian region into extreme poverty, the Asian Development Bank (ADB) said on Tuesday. In a report titled “Global Food Price Inflation and Developing Asia,” the Manila-based bank warned that a 10 per cent rise in...

Three pronouncements made on three consecutive days this month by the Supreme Court of India have brought relief to different groups of economically and socially deprived people. The beneficiaries include children sold out by poor parents to work in circuses as child labour; young men and women determined to get married crossing caste barriers and harassed for that very reason by ‘khap panchayats'; and the hungry poor across the country...

India's poverty is estimated to have declined to 32 per cent in 2009-10 from 37.2 per cent five years ago, as per preliminary findings of the Planning Commission. The estimates are based on the formula suggested by the Tendulkar Committee for computing the number of poor in the country. "2009-10 data show a decline in poverty from 37.2 per cent in 2004-05 to 32 per cent in 2009-10 as the per the...

"We cannot have two Indias. You want the world to believe we are the strongest emerging economy, but millions of poor and hungry people are a stark contrast," the Supreme Court said on Wednesday pointing to a huge gap between poverty eradication measures and spread of the problem. The court's anguish was palpable. A Bench of Justices Dalveer Bhandari and Deepak Verma asked the government why additional subsidised food grains be...

India's poverty is estimated to have declined to 32 per cent in 2009-10 from 37.2 per cent five years ago, as per preliminary findings of the Planning Commission. The estimates are based on the formula suggested by the Tendulkar Committee for computing the number of poor in the country. "2009-10 data show a decline in poverty from 37.2 per cent in 2004-05 to 32 per cent in 2009-10 as the per the...