India's abysmal track record at ensuring basic levels of nutrition is the greatest contributor to its poverty as measured by the new international Multi-dimensional Poverty Index (MPI). About 645 million people or 55% of India's population is poor as measured by this composite indicator made up of ten markers of education, health and standard of living achievement levels. Developed by the Oxford Poverty and Human Development Initiative (OPHI) for the...
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UN calls for urgent action to tackle rising youth unemployment
The United Nations labour agency is calling for urgent action to tackle the crisis of youth unemployment, which has increased significantly in the wake of the global economic slowdown and has repercussions for the economy as well as social cohesion. Young people – those aged 15 to 24 – account for over 22 per cent of the increase in the number of unemployed since the beginning of 2007 and is...
More »Hernando de Soto interviewed by Shekhar Gupta on NDTV’s Walk the Talk
Peruvian economist Hernando de Soto turned classical capitalism on its head with his trickle-up theory: that if you create wealth at the bottom of the pyramid, it will find its way up. de Soto, president of the Institute for Liberty and Democracy, speaks to The Indian Express Editor-in-Chief Shekhar Gupta on NDTV’s Walk the Talk on the need for the poor to be able to participate in the global economy...
More »Will India's rising inflation lead to social unrest? by Paranjoy Guha Thakurta
Earlier this week, India's opposition parties came together in a rare show of unity to take to the streets in cities across the country. They protested against the government's recent decision to raise fuel prices after it scrapped its subsidy of petrol prices in an effort to cut the budget deficit. Supporters of the right-wing Bharatiya Janata Party joined hands with their ideological rivals among the Communists to paralyse normal life in...
More »UN agency opens up access to largest database of hunger statistics
The world’s largest and most comprehensive database on food, agriculture and hunger is now open to the public, free of charge, the United Nations Food and Agriculture Organization (FAO) announced today. Previously, it was possible to download a limited amount of information from FAOSTAT, but access to large amounts of data required a paid annual subscription. The database contains over one million data points covering more than 200 countries and territories. Hafez Ghanem,...
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