-PTI The world bank has announced $ 4.3 billion financial aid to India through a new innovative and flexible financing arrangement to help the country fight poverty. This arrangement, while facilitating a $ 4.3 billion increase in support to India, is designed to maintain International Bank for Reconstruction and Development's (IBRD) - which is its lending arm - net exposure within the limit of $ 17.5 billion established by it. In a statement,...
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Total Matching Records found : 1942
Is nuclear power the demon it's made out to be? by Susan Davis
The water used to cool the Rawatbhata reactor was pumped back into Chambal river. Before and during my pregnancy, I drank the tap water supplied to us from the same river. I didn't go even so far as to boil this water. Nothing went wrong. Kudankulam has been in the news and how! Little did I imagine in 2002 that this remote area of southern Tamil Nadu where there are more...
More »Extreme Poverty Drops Worldwide by Nikhila Gill
The world has achieved its first Millennium Development Goal of cutting extreme poverty in half ahead of the 2015 deadline, a study by the world bank shows. The bank defines extreme poverty as living on under $1.25 per day, adjusted for purchasing power parity. According to the report, released this week, 1.29 billion people, or 22 percent of the developing world’s population, live below $1.25 a day, down from 52 percent...
More »Global poverty on the decline: world bank by Mony K Mathew
The rate of poverty, based on the number of people living on less than $1.5 a day, declined across the developing world between 2005 and 2008, according to a world bank report. Around 1.29 billion people lived below the defined poverty line in 2008, which was equivalent to 22 per cent of the population of the developing world. By contrast, 1.94 billion belonged to this extreme poverty category in 1981. The...
More »A very poor programme by Surjit S Bhalla
MGNREGA 2.0 should really be MGNREGA 0.0 — it has been outdated from the start, five years ago It is a fact universally acknowledged that India is at a fiscal crossroads. It swerved quite significantly to populism over the last several years, and the consequences of this lurch are that the UPA’s own finance minister is (thankfully) losing sleep over the fiscal burden. More specifically, over the subsidy burden. As we all...
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