The global economic downturn could push an additional 21 million people in the Asia-Pacific region into extreme poverty, rolling back development gains, according to a United Nations-backed report issued today. The publication, launched in Manila, examines the toll that the crisis has taken on progress towards achieving the Millennium Development Goals (MDGs) – eight anti-poverty targets agreed upon by world leaders with a 2015 deadline – in the Asia-Pacific. Produced...
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Tangible targets at school by Jandhyala BG Tilak
India’s relative position with respect to the Education Development Index remains poor. There is a lot to do in terms of improving schooling facilities. According to the ‘EFA Global Monitoring Report 2010’ (UNESCO), India’s rank was 105 among 128 countries. And it continues to figure, along with a bunch of African and one or two Asian countries, such as Pakistan and Bangladesh, in the group of countries with a low...
More »Economist, Plan architect K.N. Raj passes away by C Gouridasan Nair
K.N. Raj, widely respected development economist and teacher and one of the architects of the Indian Plan edifice, passed away here on Wednesday. He was 85. Dr. Raj — who was the economic adviser to Prime Ministers from Jawaharlal Nehru to P.V. Narasimha Rao, and set the pace of India’s economic growth story from the First Five-Year Plan — had been keeping indifferent health for some time. He was admitted to...
More »No financial crisis impact? India's poor grew by 34 mn by Rukmini Shrinivasan
It's a myth that the global financial crisis left India virtually unscathed. In fact, India is the biggest victim of financial crisis-induced poverty, according to data obtained by TOI from the United Nations Department of Economic and Social Affairs' (UNDESA). Check out these figures. The UNDESA data estimates that the number of India's poor was 33.6 million higher in 2009 than would have been the case if the growth rates...
More »Coming water shortage
India could face a massive 50% water deficit by 2030, the biggest globally, says the recent report of the Water Resources Group (WRG). Fortunately, the supply-demand gap could well be filled, with vision, proactive policy and only modestly higher sectoral outlays, it adds. The WRG, consisting of a panel of global experts, estimates the ‘water availability cost curve’ to meet the heightened demand at about $5.9 billion per annum, or...
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