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Poverty: 20 alarming facts you must know

It is unbelievable but true! More than 25,000 people die every day of hunger or hunger-related causes, according to the United Nations. One child dies of hunger-related causes every five seconds, taking a toll on 16,000 poor hungry children each day. More than 1.4 billion people live at poverty line or below. According to a the World Bank report, there are over 1,345 million poor people in developing countries who...

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A Light in India by David Bornstein

When we hear the word innovation, we often think of new technologies or silver bullet solutions — like hydrogen fuel cells or a cure for cancer. To be sure, breakthroughs are vital: antibiotics and vaccines, for example, transformed global health. But as we’ve argued in Fixes, some of the greatest advances come from taking old ideas or technologies and making them accessible to millions of people who are underserved. One area...

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Government's commitment to food security questioned by Gargi Parsai

Right to Food Campaign demands a universal PDS “It is a dishonest proposal of the government” The Right of Food Campaign has charged the Central government with lack of commitment in providing food and nutrition security to citizens with its reported decision to revise the issue prices of wheat and rice for the Above Poverty Line (APL) category of beneficiaries in the Public Distribution System (PDS). “This is the first step to finish...

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Meet on inflation remains ‘inconclusive' by Gargi Parsai

Export of sugar, hike in Above Poverty Line price under Public Distribution System put on hold A meeting convened by Prime Minister Manmohan Singh on Tuesday to discuss inflation and ways to tackle it, particularly the zooming prices of onion, vegetables, fruits, eggs and milk, remained “inconclusive,” official sources said. The Ministers concerned will meet Dr. Singh again in a day or two to come up with measures to tackle food...

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Microlenders, Honored With Nobel, Are Struggling by Vikas Bajaj

Microcredit is losing its halo in many developing countries. Microcredit was once extolled by world leaders like Bill Clinton and Tony Blair as a powerful tool that could help eliminate poverty, through loans as small as $50 to cowherds, basket weavers and other poor people for starting or expanding businesses. But now microloans have prompted political hostility in Bangladesh, India, Nicaragua and other developing countries. In December, the prime minister of...

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