Last year may have been a cruel year for much of the country with slow growth and double-digit food inflation, but India's high net worth individuals (HNWIs) prospered — just over 120,000 in number, or 0.01% of the population, their combined worth is close to one-third of India's Gross National Income (GNI). HNWIs, in this context, are defined as those having investable assets of $1 million or more, excluding primary...
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Providing low-cost healthcare to villages by Anupama Chandrasekaran
That hospital births curb mother and child deaths is probably a no brainer. Convincing expectant mothers to get admitted to a hospital is only part of the problem in India’s rural healthcare system. The other challenge is abysmal infrastructure: There is just one hospital bed for every 10,000 Indians living in villages and one in 10 primary health centres in rural areas stumble along without doctors. The result is a human tragedy....
More »CWG expenditure would have wiped out Naxal menace, says Aiyer by Renu Mittal
Senior Congress leader and former sports minister Mani Shanker Aiyer has slammed the current United Progressive Alliance government under Dr Manmohan Singh for the huge amount of 'wasteful expenditure' being incurred on the Commonwealth games, saying that if a part of this money had been spent on the Bhopal Gas victims it would have brought the affected 'some relief'. The outspoken Aiyer, who was recently nominated to the Rajya Sabha, has...
More »UNDP hails MNREGS
The latest report on the progress of millennium development goals (MDG) by the United Nations has said that robust social protection and employment schemes such as India's Mahatma Gandhi National Rural Employment Guarantee Scheme (MNREGS) reduce poverty and reverse inequality. In its report, ‘What Will it Take to Achieve Millennium Development Goals,' the United Nations Development Programme (UNDP) has said the MNREGS is known for improving livelihoods through legal guarantee of...
More »UN identifies strategies to accelerate development and poverty reduction
Development models that focus attention on the poor while expanding job opportunities, increased government spending on social services and aid flows from affluent nations are all successful strategies for alleviating global poverty, the United Nations says. Access to low carbon energy and mobilizing domestic capital by, for example, improving tax collection, are the other factors the UN Development Programme (UNDP) identifies in a new report as crucial factors for the...
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