-PTI Washington: World Bank President Jim Yong Kim has praised the cash transfer programmes being implemented by several countries as an effective way to help the poor and reduce poverty. Without naming India, which is one of the countries implementing the cash transfer programme, Jim described the scheme as an important step towards inclusive growth. He was speaking at the ‘Fiscal Policy, Equity and Long-Term Growth in Developing Countries Conference' held at...

-Frontline PESA, which is seen as an enabling law for tribal self-governance, is violated brazenly by both the Union government and State governments in the name of development. SINCE October 2012, the Ministry of Rural Development of the United Progressive Alliance (UPA) government has apparently been engaged in an exercise to evolve a "National Land Reforms Policy". Over these months, the Ministry wrote to various State governments, highlighting the importance of...

-The Indian Express Washington: India accounts for one-third of the world poor, people living on less than USD 1.25 (about Rs 65) per day, a World Bank report on poverty has said. The report said that 1.2 billion people still living in extreme poverty across the world. "The State of the Poor: Where are the Poor and Where are the Poorest?," using data released in the latest World Development Indicators, shows that extreme...

-The World Bank WASHINGTON: The number of people living on less than $1.25 per day has decreased dramatically in the past three decades, from half the citizens in the developing world in 1981 to 21 percent in 2010, despite a 59 percent increase in the developing world population. However, a new analysis of extreme poverty released today by the World Bank shows that there are still 1.2 billion people living in...

-The Wall Street Journal Blog The world's poorest people are now concentrated most heavily in Sub-Saharan Africa after China's huge leap in pulling its citizens out of extreme poverty in recent decades, according to new estimates released Wednesday by the World Bank. About 1.2 billion people in the world lived in extreme poverty in 2010, subsisting on less than $1.25 a day. That's down from 1.9 billion three decades ago despite a...