-Live Mint The scheme represents Rs.2.3 trillion spent on wasteful rural consumption This week marked the eighth anniversary of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), the United Progressive Alliance (UPA) government's key rural intervention, launched in 200 districts initially in February 2006. To the extent that such populist schemes helped raise wages without raising productivity. They have contributed more to inflation than to rural wealth. Worse, such schemes have...
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How to deal with growing inequality?
-Live Mint Reducing poverty through growth matters more than reducing inequality Income inequality is back on the radar of politicians and policymakers, if it had disappeared in the first place. The World Economic Forum's Global Risks 2014 report highlighted severe income inequality as one of the top 10 global risks. In a speech in London on Monday, Christine Lagarde, managing director of the International Monetary Fund (IMF), paid special attention to...
More »World has enough food for all, but it does not reach everyone -RK Pachauri
-The Hindustan Times The Delhi Sustainable Development Summit (DSDS), from February 6 to 8, is focusing on the theme ‘Attaining Energy, Water and Food Security for All'. The set of issues defining the importance of the theme can be gauged from an assessment of the situation that we are facing. There are 1.3 billion people who have no access to electricity, and over twice the number are dependent on the use...
More »Fish Farms to Produce Nearly Two Thirds of Global Food Fish Supply by 2030, Report Shows
-The World Bank WASHINGTON: Aquaculture - or fish farming - will provide close to two thirds of global food fish consumption by 2030 as catches from wild capture fisheries level off and demand from an emerging global middle class, especially in China, substantially increases. These are among the key findings of "Fish to 2030: Prospects for Fisheries and Aquaculture" - a collaboration between the World Bank, Food and Agriculture Organization of the...
More »Heavy burden on the young
-The Hindu The 13.1 per cent rate of unemployment in the 15-24 years age-group globally is more than twice that among the adult population. With one million more young people joining the ranks of the jobless in 2013, the world's youth are facing a disproportionate burden, says the latest report of the International Labour Organisation. The Global Employment Trends report 2014 also records slow progress of late in reducing levels of vulnerable...
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