-First Post In an interview with Firstpost, Ajay Chhibber, Regional Director of the UNDP, tells us why India ranks low on the Human Development Index, below China, Sri Lanka and Iran, what we need to do to improve our standing and why welfare schemes are not to be blamed for poor growth or inflation. Excerpts from the interview: * Why does India lag other BRIC countries in the HDI ratings? Compared to the other...
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UN report belies India's claims of inclusive growth-Devjyot Ghoshal
-The Business Standard This has meant the GNI per capita has more than doubled from $1,229 in 1990 In recent years, India's growth has undoubtedly been spectacular. Income growth a year has averaged about five per cent from 1990 through 2012. This has meant the gross national income (GNI) per capita (purchasing power parity, in dollar terms) has more than doubled from $1,229 in 1990. However, even if one discounts the drop in...
More »Build a company like Infosys, lift people out of poverty: World Bank president
-NDTV Jim Yong Kim, who took over as the president of the World Bank in July last year, is on his maiden visit to India. He speaks to NDTV's Vikram Chandra on his first impressions of the country, the development challenges that India is facing and how poverty levels can be brought down. Here are the highlights of what Mr. Kim said: Significant that I went to Uttar Pradesh in my first...
More »Centre raps private firms for quota failure -Subodh Ghildiyal
-The Times of India Amid talk of stimulating growth with sops to industry, the Centre has chided the private sector for performing abysmally on making the workforce inclusive by boosting dalit presence in its ranks. The industry in 2006 promised voluntary affirmative action to persuade the UPA-1 government to drop plans to enforce reservation in private sector through a legislation. Reviewing the updated results of affirmative action provided by the industry, Union social...
More »MNREGA will help implement direct benefit transfers: PM
-PTI The jobs scheme has expedited the financial inclusion of the rural population, says Manmohan Singh Prime Minister Manmohan Singh on Saturday said bank and post office accounts opened under the Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA) will help the government provide direct cash transfers to the people. “MNREGA has brought momentum in the financial inclusion of our rural population. Besides direct financial benefit, the scheme has given many indirect benefits...
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