-Oxfam Blog Vanita Suneja, Oxfam India's Economic Justice Lead, argues that India can't progress until it tackles rural poverty. This entry was posted on 3 February 2015. More than 800 million of India's 1.25 billion people live in the countryside. One quarter of rural India's population is below the official poverty line - 216 million people. A search for economic justice for a population of this magnitude is never going to be...
More »SEARCH RESULT
India’s Food Security Threatened by Groundwater Depletion -Sandra Postel
-NationalGeographic.com The severe and ongoing depletion of underground water supplies in India poses a growing threat to the nation's food security. Without serious efforts to stem the mining of groundwater, food production will decline, unleashing painful social and economic consequences for this nation of 1.25 billion people. All four of the world's top irrigators - China, India, Pakistan and the United States - are pumping groundwater faster than it is being replenished...
More »Spurt in vegetable prices next month may be spoiler for inflation, warns RBI
-PTI Mumbai: Seasonal spurt in vegetable prices next month could partly reverse the benefits of low global oil prices reducing inflation and increasing disposable incomes, the Reserve Bank of India (RBI) warned on Tuesday. "The sharp reduction in oil prices as well as in inflation is likely to increase personal disposable incomes and improve domestic demand conditions in the year ahead," the central bank said in its monetary policy document. Inflation, excluding food...
More »Leaving people out of development -Meena Menon
The Hindu In the urgency to grant industry its due with promises of ‘Make in India,' the marginalised cannot continue to be victims of grave policy neglect and continuing alienation For some years now, the Ministry of Environment and Forests (MoEF)has been perceived as a roadblock to development or a facilitator for the industry depending on which side you are on. Former Union Environment Minister Jayanthi Natarajan's recent letter to Sonia Gandhi...
More »New GDP numbers' sheen to UPA-II -Indivjal Dhasmana
-Business Standard Govt's revised method of calculating output and growth make recomparisons inevitable in earlier judgments At the outset, nobody would believe that India's economy expanded by double-digits only four years earlier and the growth rate in gross domestic product (GDP) dived to as little as below four per cent during the global financial crisis period of 2008-09. Yet, these would be the facts if one measures growth in terms of the...
More »