-The Economic Times Even as India gears up for cash transfers aimed at its poorest, Brazil has been running the Bolsa Familia (BF) cash transfer scheme, widely credited with helping cut inequality by 17% in five years, reducing Brazil's poverty rate from over 40% to 28.8%. BF is run by the National Secretariat of Citizenship Income (SENARC) of Brazil's ministry of social development. Luis Henrique Paiva, secretary of SENARC, spoke about...
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Growthwallahs need to pause and reflect-Anil Padmanabhan
-Live Mint The solutions to India’s growth problems require a more holistic approach Whether rightly or wrongly, there is a growing critique of India’s current development strategy: of a top-down, trickle-down theory that rides on an extraordinary growth momentum. They are disparate, but when the dots are connected they do present a coherent reminder that this strategy may not be the best and, worse, it is not sustainable. To a large extent this...
More »As farmers suffer, NABARD offers soft loans to corporates-Shalini Singh
-The Hindu Private companies get loansat 6.5% with additional cash refunds; for farmers it is 7% The National Bank for Agriculture and Rural Development (NABARD), which is dedicated to promoting rural development by providing soft loans to State governments for social sector projects, has given hundreds of crores as loans to corporates on concessional terms. In the Union Budget of 2011-12, Rs. 18,000 crore was allocated by the Centre to NABARD’s Rural Infrastructure...
More »Lost in caste politics: a woman’s right to choose her partner -PV Srividya
-The Hindu NAGAPATTINAM: When PMK launched its tirade against inter-caste marriages involving Dalit men, political parties came on board to criticize the statements by Ramadoss. Activists and feminist intellectuals say that what was lost in the melee was the voice of Dalit and Vanniyar women, rendered silent by the confines of caste. “Cast in caste, they have become prized trophies to be owned, regulated and guarded by the menfolk of the respective...
More »Global wage growth slows despite increases in emerging economies–UN report
-The United Nations Global wages remain far below pre-crisis levels, says a new United Nations report, which points to a continuing slowdown in developed countries alongside increases in emerging economies. The Global Wage Report 2012/13, released today by the International Labour Organization (ILO), shows that global monthly wages grew by 1.2 per cent in 2011, down from three per cent in 2007 and 2.1 per cent in 2010. It also cites huge...
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