-Al Jazeera The UN claims that its Millennium Development Campaign has reduced poverty globally, an assertion that is far from true. The received wisdom comes to us from all directions: Poverty rates are declining and extreme poverty will soon be eradicated. The World Bank, the governments of wealthy countries, and - most importantly - the United Nations Millennium Campaign all agree on this narrative. Relax, they tell us. The world is getting...
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The growth of an idea called development -Nilanjan Ghosh
-The Hindu Business Line While the limitations of the concept of economic growth are acknowledged, we need a better index than HDI Despite claims that economic development as a branch of economic science emerged only in the 1950s, there is no doubt that the notion of development existed even in classical economic thought processes, emerging from the writings of Adam Smith and David Ricardo. The recognition of development economics as a discipline...
More »India hopes to convince WTO by Sept on food security issue
-PTI New Delhi: After the recent failure of WTO talks, India on Wednesday hoped that by September it will convince the multi-lateral trading body about the need for developing nations to give subsidies on food stocks so that it is relieved of the "draconian sword". Commerce Minister Nirmala Sitaraman told Rajya Sabha that the tough position adopted by India and the recent talks in Geneva had been supported by many least developed...
More »Rural votes, old traumas drive India's WTO brinkmanship
-Reuters NEW DELHI: With grain silos spilling over, exports on the rise and an avowed market champion for prime minister, India's threat to trash a global trade deal in the name of food security appears puzzling. But government officials say Prime Minister Narendra Modi is prepared to brazen out global outrage to seize a historic chance to build a rural power base with his defence of farm subsidies and to banish memories...
More »Vouchers for poor? UN in talks with govt on zero hunger goal -Subodh Ghildiyal
-The Times of India SYDNEY: World Food Programme executive director Ertharin Cousin said she is in talks with the Indian government and states to explore food vouchers for the poor facing starvation and malnourishment. Cousin said vouchers are important in taking food to those who face shortage. "We are talking to India on how food vouchers can be used to make food available to the vulnerable groups," she told TOI on the...
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