When Nirupama Pathak left this remote mining region for graduate school in New Delhi, she seemed to be leaving the old India for the new. Her parents paid her tuition and did not resist when she wanted to choose her own career. But choosing a husband was another matter. Her family was Brahmin, the highest Hindu caste, and when Ms. Pathak, 22, announced she was secretly engaged to a young man...
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Wages of neglect
The mainstream projections about India’s economic trajectory talk of how the country’s GDP will exceed that of Japan (whose economy today is more than thrice India’s size) by 2020. A large part of this sustained growth, it is assumed, will come from what is called the demographic dividend. India’s young and growing workforce, the standard argument goes, will ensure that the country’s wage rates keep it competitive for a long...
More »UN calls for urgent action to tackle rising youth unemployment
The United Nations labour agency is calling for urgent action to tackle the crisis of youth unemployment, which has increased significantly in the wake of the global economic slowdown and has repercussions for the economy as well as social cohesion. Young people – those aged 15 to 24 – account for over 22 per cent of the increase in the number of unemployed since the beginning of 2007 and is...
More »New approach to HIV treatment could save 10 million lives, says UN report
A new United Nations report says that a radically simplified approach to ensuring access to HIV treatment for everyone who needs it could prevent 10 million deaths by 2025 and 1 million new infections annually. The so-called Treatment 2.0, says the Joint UN Programme on HIV/AIDS (UNAIDS), could lower the cost of treatment, simplify treatment regimens, ease the burden on health systems, and improve the quality of life for people living...
More »Hernando de Soto interviewed by Shekhar Gupta on NDTV’s Walk the Talk
Peruvian economist Hernando de Soto turned classical capitalism on its head with his trickle-up theory: that if you create wealth at the bottom of the pyramid, it will find its way up. de Soto, president of the Institute for Liberty and Democracy, speaks to The Indian Express Editor-in-Chief Shekhar Gupta on NDTV’s Walk the Talk on the need for the poor to be able to participate in the global economy...
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