-Business Standard Says the actual poverty is much higher than suggested by the multilateral lender, adding there is lack of scientific basis in computing the poverty line The government has contested the World Bank's recently released data that showed only 12.4 per cent of India's population was poor in 2011-12, considering an expenditure cut-off of $1.9 a person a day on purchasing power parity (PPP) terms. It said the actual poverty was...
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Measuring well-being -Diane Coffey & Dean Spears
-The Indian Express The central message of Angus Deaton’s work: Becoming richer is not necessarily the same thing as becoming better-off. In the preface to his magisterial 2013 book The Great Escape, Angus Deaton thanks his teachers. “Richard Stone was perhaps my most profound influence,” Deaton writes, “from him I learned about measurement — how little we can say without it and how important it is to get it right.” Important, indeed....
More »India’s rural crisis, slowed farm growth may hurt 7.5% GDP dream -Zia Haq and Gaurav Choudhury
-Hindustan Times When Prime Minister Narendra Modi met some prominent billionaires last month, seeking quicker job-creation and investments, many industrialists complained that falling rural demand for goods was rocking their boats too. Incomes of India’s 833 million mostly poor rural population – a huge market for all kinds of goods – are barely rising and it is a cause for worry. Farming contributes just 15% of India’s $2 trillion economy, but half...
More »India to cut emissions intensity -Vidya Venkat
-The Hindu On Thursday midnight, the Union Environment Ministry submitted its Intended Nationally Determined Contributions (INDCs) to the UN Framework Convention on Climate Change (UNFCCC), committing to cut the emissions intensity of GDP by 33-35 per cent by 2030 from 2005 levels. The INDCs, which lay out the blueprint for tackling climate change, emphasised eight key goals — sustainable lifestyles, cleaner economic development, reducing emission intensity of GDP, increasing the share of...
More »Public’s health is at peril, warns National Health Profile
A day before the Prime Minister of India left for a two-nation tour to Ireland and the United States this September, the National Health Profile 2015 was released by the Minister of Health and Family Welfare Shri JP Nadda. The report, which has presented a dismal picture of the state of public health, shows that cases of cancer is expected to rise in India by almost 15 percent from 11.5...
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