The aftershock of the global financial crisis threatens to deprive millions of children in the world’s poorest countries of an education, the 2010 Education for All Global Monitoring Report warns. With 72 million children still out of school, a combination of slower economic growth, rising poverty and budget pressures could erode the gains of the past decade. “While rich countries nurture their economic recovery, many poor countries face the imminent prospect...
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The politics of identity by Ruchi Gupta
In February 2011, India will become the first country in the world to issue its residents biometric-based numbers (UID) to establish identity. For this purpose, the Central government has constituted the Unique Identification Authority of India (UIDAI) under the Planning Commission. The UID number is marketed as a fundamental enabler for efficient delivery of government services and inclusive development. As per the Authority, benefits of the UID number include elimination...
More »Financing healthcare in India by NJ Kurian
The government needs to allocate more funds for public health. The mismatch between the declared objective of universal healthcare through the public health system and the actual level of expenditure remains serious. One of the three most important planks on which Barak Obama won the U.S. presidential election was the country’s healthcare system, which he promised to fix. Indeed, the most important legislative measure initiated by Mr. Obama so far...
More »Unwarranted optimism by Jayati Ghosh
Without policy efforts to deal specifically with issues such as reduced incomes and unemployment, the global economic crisis will be far from over. FOR most economic commentators, 2010 begins on an optimistic note. Just a year ago, there was much gloom about the world economy. The worst financial crisis since the Great Depression had broken out in full fury; asset markets in the United States, Europe and then most developing...
More »Whose inflation is it anyway? by Ruhi Kandhari
Government sat on grain stocks while food prices shot up In july 2008, when inflation rose to a 10-year high of 11 per cent and industry was hit by a range of factors, including economic recession, the Union government responded immediately. There were day-on-day monetary interventions. Since July 2009, inflation, as calculated by the prices poor consumers pay for their daily needs, has hovered around 11 per cent, again a 10-year...
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