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World Bank poverty estimates are poor, says government -Dilasha Seth

-Business Standard Says the actual poverty is much higher than suggested by the multilateral lender, adding there is lack of scientific basis in computing the poverty line The government has contested the World Bank's recently released data that showed only 12.4 per cent of India's population was poor in 2011-12, considering an expenditure cut-off of $1.9 a person a day on purchasing power parity (PPP) terms. It said the actual poverty was...

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Expanding social protection offers a faster track to ending hunger

-Food and Agriculture Organization (FAO) Programmes proliferate but vast majority of rural poor remain uncovered by social protection Rome: Social protection is emerging as a critical tool in the drive to eradicate hunger, yet the vast majority of the world's rural poor are yet to be covered. The State of Food and Agriculture 2015 published by FAO today finds that in poor countries, social protection schemes - such as cash transfers, school feeding...

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Food prices to remain lower for longer, says FAO report -Deepanwita Niyogi

-Down to Earth Reasons behind the trend include high inventory levels, lower oil prices and renewed strength of the US dollar The Food Outlook report released on Thursday states that agricultural commodities are going through a period of lower prices and less volatility. After dramatic price rise from 2007 till early 2011, cereal and vegetable oil prices are now steady as well as on the decline, the biannual publication of the Food...

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Dismayed farmers, defunct policies -Ashok Gulati

-The Indian Express The Centre needs to wake up. Otherwise India may return to the shortages of the mid-1960s. The cumulative rain deficit in the current monsoon season stood at (-)12 per cent of the long period average (LPA) as on August 27. If the deficit continues at this level till the end of September, the IMD’s forecast would be coming true. Technically, like last year, this would also be a drought...

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Is inequality in India here to stay? -Vamsi Vakulabharanam

-Al Jazeera Prime Minister Narendra Modi is unlikely to narrow the gap between Indian elites and the rest of the population India has experienced a significant economic growth spurt in recent decades. After seeing annual growth of 3 percent in the years after independence in 1947, the rate began to double, reaching a rate of around 6 percent per year after 1980. However, the distribution of growth proceeds has been very uneven...

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