The mainstream projections about India’s economic trajectory talk of how the country’s GDP will exceed that of Japan (whose economy today is more than thrice India’s size) by 2020. A large part of this sustained growth, it is assumed, will come from what is called the demographic dividend. India’s young and growing workforce, the standard argument goes, will ensure that the country’s wage rates keep it competitive for a long...
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Poverty more in India than sub-Saharan Africa by Jason Burke
Madhya Pradesh, Democratic Republic of Congo show near identical poverty level India ranks 63rd in the new poverty index, after Togo, before Haiti Quarter of the world lives on $1.25 a day or less: World Bank estimate New U.N. index builds up fuller picture of poor lives; Madhya Pradesh ‘comparable to Congo.' There are more poor people in eight states of India than in the 26 countries of sub-Saharan Africa, a study reveals...
More »Food output needs to be raised 70pc by 2030: Report
The country will have to raise its food production by 70 per cent in the next 20 years to meet the demand of the growing population, says a report. "With rising population and consumption needs, rural India and China will have to raise their food production substantially to meet the bigger demand by 2030. India will need to raise its food production by 70 per cent," a report by brokerage...
More »Poor Performance by SL Rao
India is incredible (after shining), with the fastest growth rate, an emerging demographic dividend and innovative brains for the globe. But the vast majority in rural India — employed in agriculture, small-scale and tiny industries, self-employed, and with no assets — does not find it so. This government, claiming inclusive growth for the grossly deprived and poor, has not taken actions to bring down prices of essential food items, unprecedented...
More »BJP model for blanket food bill by Radhika Ramaseshan
The radicals in the Sonia Gandhi-led National Advisory Council (NAC) are unlikely to give in to the conservatives’ case against the universalisation of food subsidy. They insisted that not only was universalisation theoretically possible but it also worked “successfully” on the ground. In what could make the Centre squirm, they cited BJP-ruled Chhattisgarh as an example of what an inclusive public distribution system (PDS) could do. An indication that the NAC’s radicals were...
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