-Live Mint Cabinet clears proposal to give loans at 7% interest rate, and 4% if SHGs repay loans within the stipulated period The federal cabinet has cleared a proposal to give loans to women self-help groups (SHGs) at 7% interest rate, cheaper than the existing 11.5-14%, bringing the cost of loans on a par with those given to farmers. SHGs that repay loans within the stipulated period will be eligible for loans at...
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Building euphoria-Himanshu Upadhyaya
-Frontline But in Modi's Gujarat the difference between development and darkness is all too visible to those who care to see. NARENDRA MODI may have won three consecutive elections and ruled Gujarat for more than a decade after he was posted there almost as a night watchman, to borrow a cricketing expression. He may have mobilised a massive fan following that is shouting to catapult him into the Prime Minister's post,...
More »Dr Purnima Menon, research fellow at the IFPRI's Poverty, Health and Nutrition Division interviewed by Shobha Warrier
-Rediff.com Recently, a study on India's State Hunger Index comparing hunger across all India states was released by Purnima Menon, Anil Deolalikar and Anjor Bhaskar. Dr Purnima Menon is a research fellow at the International Food Policy Research Institute's Poverty, Health and Nutrition Division, and is based at IFPRI's Asia office in New Delhi. She conducts applied nutrition research in the South Asia region, with a focus on programs and policies to improve...
More »Remarkable Declines in Global Poverty, But Major Challenges Remain
-The World Bank WASHINGTON: The number of people living on less than $1.25 per day has decreased dramatically in the past three decades, from half the citizens in the developing world in 1981 to 21 percent in 2010, despite a 59 percent increase in the developing world population. However, a new analysis of extreme poverty released today by the World Bank shows that there are still 1.2 billion people living in...
More »Reality check: India accounts for one-third of the world poor, says World Bank -Priyadarshi Siddhanta
-The Indian Express Washington: India accounts for one-third of the world poor, people living on less than USD 1.25 (about Rs 65) per day, a World Bank report on poverty has said. The report said that 1.2 billion people still living in extreme poverty across the world. "The State of the Poor: Where are the Poor and Where are the Poorest?," using data released in the latest World Development Indicators, shows that extreme...
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