-ANI Ahluwalia appreciated the State Government for strategy to make growth more inclusive and giving right priority to social sector The Planning Commission has approved an annual plan outlay of Rs 47,000 crore for Karnataka for the year 2013-14. The plan size was finalized in a meeting between Planning Commission Deputy Chairman Montek Singh Ahluwalia and Karnataka Chief Minister Siddaramaiah here last evening. The plan size has been agreed at Rs. 47,000 crore...
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Why India Trails China-Amartya Sen
-The New York Times CAMBRIDGE, Mass. - MODERN India is, in many ways, a success. Its claim to be the world's largest democracy is not hollow. Its media is vibrant and free; Indians buy more newspapers every day than any other nation. Since independence in 1947, life expectancy at birth has more than doubled, to 66 years from 32, and per-capita income (adjusted for inflation) has grown fivefold. In recent decades,...
More »A case of misplaced euphoria -Vani S Kulkarni and Raghav Gaiha
-The Hindu In spite of the rosy picture painted by the World Bank, the prospect of eliminating extreme poverty remains distant In a protracted period of gloom and persistent recession with feeble signs of recovery in a large part of the developed world, the World Bank, Brookings Institution and others can be forgiven for their euphoria over the accomplishment of a key Millennium Development Goal (MDG) - of halving extreme poverty in...
More »Despite slight drop, number of children missing out on school remains high, UN agency reports
-The United Nations New figures today from the United Nations educational agency show that the number of children out of school dipped slightly last year over 2011. Fifty-seven million children were out of school in 2011, according to the UN Scientific, Educational and Cultural Organization's (UNESCO) Institute for Statistics, down just two million from the previous year. The agency also points out that the challenge of getting more children into school is being...
More »Inequality re-emerges as a core concern, needs a new definition-Ali Mehdi
-The Economic Times What is... Inequality has re-emerged as a core concern in developing and developed countries alike, thanks to the growing gap and frustration of a section of the middle class and the rich vis-a-vis the super rich. A World Bank Policy Research Working Paper (No. 6259) by Branko Milanovic shows that the incomes of the global top 1 per cent and the emerging middle classes in developing countries rose dramatically between...
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