Last year may have been a cruel year for much of the country with slow growth and double-digit food inflation, but India's high net worth individuals (HNWIs) prospered — just over 120,000 in number, or 0.01% of the population, their combined worth is close to one-third of India's Gross National Income (GNI). HNWIs, in this context, are defined as those having investable assets of $1 million or more, excluding primary...
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Efforts to boost maternal and child health falling short, UN report finds
An annual assessment report released today by the United Nations shows that while significant declines have been recorded by many countries in reducing maternal and child mortality, greater progress must be made to meet the global targets contained in the Millennium Development Goals (MDGs). First agreed at the UN Millennium Summit in September 2000, the eight MDGs set worldwide objectives for reducing extreme poverty and hunger, improving health and education,...
More »A bread and butter solution by Himanshu
One of the first issues the reconstituted National Advisory Council (NAC) will have to deal with is the proposed National Food Security Act (NFSA). Given the inability of the government to control food prices that remain unacceptably high and the scant regard the ruling United Progressive Alliance has shown for food security, it should be taken up on an urgent basis if the government is to preserve its credibility among...
More »Why is feeding the hungry so controversial?
The US Senate is expected to pass the Global Food Security Act, new legislation that would significantly expand the government's commitment to combating hunger worldwide with a broad range of measures and more money, and a special coordinator, or "food czar", to oversee implementation of these provisions across agencies. A proposed new fund would allocate several billion dollars over five years to research and development, to enhance "food security, agriculture productivity,...
More »CWG expenditure would have wiped out Naxal menace, says Aiyer by Renu Mittal
Senior Congress leader and former sports minister Mani Shanker Aiyer has slammed the current United Progressive Alliance government under Dr Manmohan Singh for the huge amount of 'wasteful expenditure' being incurred on the Commonwealth games, saying that if a part of this money had been spent on the Bhopal Gas victims it would have brought the affected 'some relief'. The outspoken Aiyer, who was recently nominated to the Rajya Sabha, has...
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