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More than half of world’s poor out of safety net coverage, says World Bank -Jitendra

-Down to Earth Poverty is urbanising at a rapid pace, it says Despite the growing number of social safety net schemes to improve lives of the poor, it is still a distant dream for the almost half of the world’s poor to come under it. According to a recent World Bank report, nearly 55 per cent of the total world’s poor population is still out of its coverage. The poverty is rising...

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35 per cent urban India is BPL, says unreleased data -Shalini Nair

-The Indian Express Urban poor are highest in Manipur, Mizoram, Bihar, least in Goa and Delhi Unreleased data from the first urban Socio Economic and Caste Census (SECC), tabulated as per criteria laid down by the erstwhile Planning Commission’s expert Hashim committee, shows that roughly 35 per cent of urban Indian households live below poverty line (BPL). This amounts to 22 million households of the total 63 million households surveyed in 4,041...

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Too poor to qualify for loans -Mehboob Jeelani

-The Hindu Banks continue denying loans to low-income groups, insisting on sticking to a standard EMI route even though they are dealing with a complex social issue. In July 2012, Pradeep Kumar, a 36-year-old resident of Ladpur, a shanty town that sits on the north-western periphery of Delhi, applied for an employment loan at the magistrate’s office in Kanjawala district. Under the Pradhan Mantri Rozgar Yojana or PMRY — a funding policy...

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Where is the caste data? -M Vijayanunni

-The Hindu By abdicating its responsibility to conduct the caste census and turning it into a poverty-cum-caste survey, the previous dispensation at the Centre made the exercise casual and perfunctory. This has been proved by the way the survey has turned out. In August 2010, Finance Minister and head of the Group of Ministers, Pranab Mukherjee, made a reassuring statement in Parliament on behalf of the government of India, that there would...

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In poor health -Nandita Murukutla

-The Indian Express Reducing preventable disease should be a developmental priority. Government needs to invest in a healthier future. Indians are famous for our savings mentality. The 2014 Towers Watson Global Benefits Attitude Survey found that Indians had the second-highest savings rate, after the Chinese. We save for a variety of reasons, to create a safety net and to yield returns in future. While there is a time to save, there...

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