-Al Jazeera The UN claims that its Millennium Development Campaign has reduced poverty globally, an assertion that is far from true. The received wisdom comes to us from all directions: Poverty rates are declining and extreme poverty will soon be eradicated. The World Bank, the governments of wealthy countries, and - most importantly - the United Nations Millennium Campaign all agree on this narrative. Relax, they tell us. The world is getting...
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Less than 500 days left, can India meet its MDG targets? -Kundan Pandey
-Down to Earth Going by current trends, the target for reducing infant mortality and improving other human development indices seem near impossible to achieve Less that 500 days are left for nations to achieve the targets set under the United Nations' Millennium Development Goals (MDGs); there are eight such goals which range from halving extreme poverty rates to halting the spread of HIV/AIDS and providing universal primary education. The countdown for the deadline...
More »No easy routes to financial inclusion
-The Business Standard Financial inclusion must be set up to pay for itself The Jan Dhan Yojana, a scheme for financial inclusion announced by Prime Minister Narendra Modi in his Independence Day speech, intends to take banking services to the 40 per cent of India that does not have bank accounts. This task is daunting. A good portion of those no-frills accounts that have already been opened have only minimal activity -...
More »India close to ending extreme poverty?-Renu Kohli
-The Financial Express World Bank's latest data suggests realisation of millenium development goals may not be far off. Reduction of poverty and hence, how it is measured, has long been a contentious political economy issue in India. There is general discomfort every time the headcount ratio of the number of poor, based upon an accepted methodology recommended by an expert committee, declines; this then triggers a process to revisit known issues by...
More »Gender empowerment through family farms -Kanayo F Nwanze and MS Swaminathan
-The Asian Age In India and around the world, poverty is predominantly rural. Development agencies often note that 75 per cent of the world's extremely poor people - those who earn less than $1.25 a day - live in rural areas. New figures from the 2014 Multidimensional Poverty Index (MPI), which measures overlapping dimensions of deprivation, show that rural poverty rates are even higher in some regions. In South Asia, the...
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