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No Jobs for Bureaucrats as India's Bihar Bids to Curb Poverty

-San Francisco Chronicle   Bihar's chief minister, Nitish Kumar, who runs India's poorest and one of its most corrupt regions, announced a novel bid to tackle endemic poverty: taking the state's bureaucrats out of governing. His administration placed advertisements in newspapers this week, seeking a team of professionals to manage a $1.3 billion annual budget for programs involving job creation, housing, infrastructure and microfinance. In Bihar, a state of 103 million people in...

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Indian Activists Bring Anti-Coal Campaign to World Bank by Amanda Wilson

As leaders from two of the world's largest financial institutions, the World Bank and International Monetary Fund, met for annual meetings here Tuesday, a delegation of activists from India called on the World Bank to follow through with its proposal to dramatically cut funding for coal-burning power stations. Over the next few days, the delegation will travel from Washington to West Virginia where, in the heart of the Appalachian Mountains, activists...

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Reasons for inflation known, but no light at the end of tunnel by Ashok Dasgupta

Planning Commission, RBI officials hold brainstorming deliberations with experts With the persistent near double-digit headline inflation, despite sustained increases in key policy rates by the Reserve Bank of India, turning out to be “a frustrating experience for policymakers,” senior officials from the Planning Commission, the Finance Ministry and the RBI met with a group of academic economic experts and representatives of the International Monetary Fund (IMF), the World Bank and the...

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Poor countries lead in mother, child spending

-AP   Bangladesh, Ethiopia, Nepal and some of the world’s other poorest countries helped lead the way over the past year as U.N. member states began meeting their unprecedented pledge of more than $40 billion for maternal and child health, a new study of the spending says. The spending report is being released Tuesday at a high-level event chaired by U.N. Secretary-General Mr. Ki-moon, who has made raising money for the health of...

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Assam to get $2.5 mn from UN body for rural hygiene

-IANS   Assam has been allocated $2.5 million by a UN body to help improve hygiene in rural areas, stressing on the economic gains that would follow "when people spend less money on preventable sanitation-related diseases". India is among 10 countries - seven African and three ASIan - which have been identified for a five-year project. India loses $53.4 billion annually due to poor sanitation and hygiene, according to a recent report...

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