-The Business Standard About 240 million more people in Asia, or 6.5 per cent of the population, could have been lifted out of poverty, had inequality not widened over the past 20 years, roughly the era coinciding with economic reforms in India, the Asian Development Bank (ADB) said in a report released on Wednesday. “Asia’s rapid growth is leaving millions behind, causing a widening gap between the rich and the poor that...
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‘Inequality has gone up, notwithstanding dip in poverty'-K Balchand
Montek Singh says he is willing to revise poverty estimates on the basis of expert opinion Though the incidence of poverty has come down over five years from 2004-05 to 2009-10, it is a startling fact that inequality has increased, with fewer people controlling income. Union Planning Commission Deputy Chairman Montek Singh Ahluwalia admitted on Tuesday that income distribution was not at the desired level and inequality increased in both rural and...
More »Professor Arjun Appadurai, Goddard Professor of Media, Culture and Communication at New York University interviewed by Smruti Koppikar
Professor Arjun Appadurai is a Mumbaikar at heart; coming to the city is an annual pilgrimage for this internationally renowned cultural theorist and anthropologist. Appadurai, 62, who studied in Mumbai’s Elphinstone College, is currently Goddard Professor of Media, Culture and Communication at New York University. He has been consultant and advisor to a wide range of public and private foundations such as The Smithsonian. In his seminal work Disjuncture and...
More »Too little, too late by Harsh Mander
If we get it right, the Food Security Bill carries the potential to alter the destinies of millions of India's poor and disadvantaged people, by assuring them as a legal right sufficient food to live with dignity. It was approved by the Cabinet after over two years of intense, sometimes fractious debate. Opinion in the Cabinet itself was reportedly divided around the proposed law. Gaping divisions persist, even as the...
More »The Challenge of Inequality by Anil Padmanabhan
What is common between Brazil, Russia, India and China? That’s easy. They are the so-called BRIC countries. But, what is common between these BRIC countries and other emerging economies such as Indonesia, Argentina and South Africa? The answer: inequality. This disconcerting connect between these emerging economies is the focus of a report released last week by the Organization for Economic Cooperation and Development (OECD), the think tank for the club of...
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