-The Economic Times Blog Two apparently unrelated events — a sharp fall in factory output growth and a spike in consumer price inflation —point to deep problems underlying the economy. September industry growth fell to 3.6%, the lowest in four months. Meanwhile, the consumer price index (CPI) went up to 5% in October, higher than the consensus estimate of 4.8%, headed north for the third successive month. The rise in prices is driven...
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Diversification, key to sustainable farming -Nitin Puri
-The Hindu Business Line Policy interventions, skill development enhance opportunities for farmers Agriculture, the largest livelihood generating activity, is fast transforming itself from a supply-driven to a demand-demand scenario. The discerning consumer (urban, rural and global) is increasingly demanding better quality, multiple choices, food safety and convenience. Diversification is the key to convene these changing demand patterns with supply, and more importantly, to act as an overall risk mitigant for the producer himself....
More »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...
More »Nobel Prize for Economics Reflects Issues on UN Development Agenda -Thalif Deen
-IPSNews.net UNITED NATIONS: When the Royal Swedish Academy of Sciences awarded the 2015 Nobel Prize in Economics to Professor Angus Deaton of Princeton University, the accolade had a significant relevance to the United Nations. The Academy bestowed the honour on the British-born Deaton, 69, primarily for his analysis of consumption, poverty and welfare. Deaton’s research reflects some of the socio-economic issues on the U.N. agenda, including poverty alleviation, economic inequalities, consumption patterns, household...
More »Collectives help rural women ‘Lean In’ -Nachiket Mor
-The Hindu Women build social capital through the process of regular group meetings and this directly results in a change in their status, both within the home and community In the world of microfinance, women’s collectives have acquired a great deal of prominence globally and are known by various names such as Self Help Groups (SHGs), Joint Liability Groups (JLG), or Village Saving and Loan Associations (VSLA). There is a strongly held...
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