-The Hindu Occupational and geographic mobility across the region are bridging income and consumption-related disparities, says the World Bank report, ‘Addressing Inequality in South Asia'. The findings accordingly underscore the role of urbanisation and private sector participation as being critical to mitigating socio-economic disadvantages. Inequality should be understood in terms of monetary and non-monetary dimensions of well-being, contends the report. The share of the poorest 40 per cent of households...
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World Bank flags Himachal kids' health, sex ratio -Baldev S Chauhan
-Business Standard The World Bank on Wednesday expressed concern over the disturbing malnutrion of children and gender inequality in Himachal Pradesh The World Bank on Wednesday expressed concern over the disturbing malnutrion of children and gender inequality in Himachal Pradesh. Despite an impressive economic growth and reduction in poverty during the past years, the hill state needs to tackle malnutrion, falling sex ratio of girls and the challenge of looking after growing...
More »Private sector, ‘care economy’ will be key engines of job creation for next 5 years –UN report
-The United Nations Private sector services, such as business and administrative services, and real estate, as well as related industries, will employ more than a third of the global workforce over the next five years, according to new data released by the United Nations labour agency. "Service sector employment will remain the most dynamic with respect to job creation in the next five years," said Raymond Torres, a head researcher of...
More »Govt data on inequality misleading
-The Times of India NEW DELHI: Inequality in South Asia is much more glaring than what government data shows because standard yardsticks of measuring income don't reveal the true picture, says a World Bank report 'Addressing Inequality in South Asia', released on Tuesday. For instance, the Gini coefficient - the standard measure to gauge income inequality - ranges from 0.28 to 0.40 in this region, suggesting a level of inequality much lower...
More »City must be equitable, not smart -Medha Patkar
-The Indian Express Just a few years ago, the World Bank in its World Development Report claimed that migration from rural India to urban centres is "natural" and the same should not be interrupted or prevented through schemes like the MGNREGA. This was a shocking statement to all those who know why there is huge and ever-growing migration to cities, not only of the labour class but also of farmers and small...
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