-The Economist For the first time ever, the number of poor people is declining everywhere THE past four years have seen the worst economic crisis since the 1930s and the biggest food-price increases since the 1970s. That must surely have swollen the ranks of the poor. Wrong. The best estimates for global poverty come from the World Bank’s Development Research Group, which has just updated from 2005 its figures for those living in...
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Public goods as the way to welfare-Pulapre Balakrishnan
There is evidence to show that growth is slowly becoming inclusive. But for the quality of life to improve, incomes must be complemented by infrastructure. For close to at least five years now inclusive growth has had a central place in the official discourse on the economy. The UPA II has itself worn its self-proclaimed success in delivering an inclusive growth as a badge of its effectiveness, not to mention its...
More »Patent to plunder -Amit Sengupta
India's efforts to produce and supply life-saving drugs at affordable prices face challenges from multinational companies trying to “evergreen” their patents. THE average life expectancy across the globe has increased from around 30 years a century ago to over 65 years today. This has been made possible in large part by modern medicine. Never before in history have humans had access to such an array of medicines and devices to...
More »Wedding cost cap to fight dowry-Ananya Sengupta
A government panel has recommended an income-linked cap on marriage expenses as part of amendments to curb dowry harassment. “Introduction of ceilings in terms of percentage of income on gifts and marriage expenditure needs to be considered. A limit should also be put on marriage expenditure in terms of food,” the high-powered Planning Commission panel on women empowerment has said. The panel, made up of senior officials of the women and child...
More »Urban Indians shun doctors, risk death from cancer-Malathy Iyer
By selectively borrowing habits from the West, the urban Indian has worsened his chances with cancer. Doctors say that while the city-bred Indian has willingly adopted a western diet, lapping up high-fat foods and shunning high-fibre content, he or she hasn't picked up the healthy western attitude of detecting and treating cancer early. The end-result, as the India's Million Death Study (MDS) reported on Thursday shows, is that urban Indians are...
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