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Skepticism about HDRs by Bibek Debroy

This seems to be season for Human Development Reports (HDRs). UNDP's global HDR for 2011 has been published. In that, the headline grabbing number was that India is ranked 134th out of 186 countries. This ranking is based on HDI (human development index), a composite indicator with three sub-heads of health (life expectancy), education (literacy, gross enrollment ratio) and PPP per capita income. HDI ranges between 0 and 1 and...

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Aquaculture has potential to cut poverty, combat food insecurity–UN report

-The United Nations   More than 50 per cent of the world’s food fish will come from aquaculture, making it a crucial method to reduce poverty and combat food insecurity, said a United Nations report released today, while calling for governments to step up their efforts to support this practice. Aquaculture, which involves cultivating fresh water and saltwater populations of fish under controlled conditions as opposed to catching fish in the wild, is...

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High spending on medicines, health to push Indians into poverty, says WHO

-The Hindu   High spending on medicines and health will push many Indians below the poverty line, the World Health Organisation has cautioned. “Due to the out-of-pocket spending of their income on medicines and healthcare services, about 3.2 per cent of India's population will come below the poverty line,” a senior WHO official said at a meet organised by the Delhi Society for Promotion of Rational Use of Drugs (DSPRUD) and WHO on...

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FSA set for pre-poll rollout by Subodh Ghildiyal & Nitin Sethi

The National Food Security Act shall be rolled out starting next financial year spread in phases running up to the parliamentary elections, in what could be an attempt to do the loan-waiver trick in 2014. The government has finalized the bill bringing it substantially closer to the National Advisory Council recommendations. The government has resolved most of the issues that had been in contradiction with the NAC advice and intends to...

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Banks should lead the war on poverty by MS Swaminathan

At BANCON (annual bankers' conference) 2011 in Chennai, financial institutions explored avenues for greater participation in agriculture and rural development. There are a few areas in need of additional attention and investment. Green Revolution technologies are scale-neutral but not resource-neutral. Inputs are needed for output; therefore market-purchased inputs become important in providing soil and plant healthcare for higher yields. Social scientists point out that small and marginal farmers will be excluded...

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