-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...
More »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...
More »States can pass own land acquisition laws if Centre can't: Jaitley
-Hindustan Times With the key Land Acquisition bill stalled by political differences with the Opposition, the Centre may change tack and get states to enact their own land legislation, enabling it to push along the economic reform process. Finance minister Arun Jaitley said on Wednesday that the states that wanted speedy development could take the lead in framing such laws with the Centre's backing, while Prime Minister Narendra Modi said “political considerations”...
More »India needs to invest $74 billion per year to end hunger by 2030: UN -Sayantan Bera
-Livemint.com An average of $267 billion is required annually at the global level to eliminate hunger, says a report by three UN bodies New Delhi: India will need to spend $74 billion, or double what it currently does, in social protection programmes, rural development and agriculture annually over the next 15 years to eradicate hunger by 2030, according to a new UN report. An average of $267 billion is required annually at...
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