The philosophy of self-aggrandisement defies social logic. Seven leading banks in the United States of America had last year incurred an aggregate loss of $82 billion; the chief executive officers of these banks nonetheless claimed and collected annual bonus to the extent of $38 billion. The economy might lie in ruins; that did not distract sharks from zooming in on their prey. Our corporate sector has shaped itself in the...
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Two more newly released reports on hunger and malnutrition
Global economic and financial crisis (2007-2008) coupled with food and fuel crises (2006-2008) has pushed the number of undernourished in the world to 1.02 billion during 2009, This has happened despite international food commodity prices declining from their earlier peaks, finds a newly released report of the UN’s Food and Agriculture Organisation (FAO, www.fao.org) titled: The State of Food Insecurity in the World Report 2009: Economic Crises-Impacts and Lessons Learnt....
More »Migration’s gender angle by Jayati Ghosh
Women currently make up around half of the world’s migrant population, even without taking into consideration short-term and seasonal movements. Despite the widespread prevalence of female migration, there are still some common stereotypes about its nature: that it is mostly women and girls accompanying their male heads of household, or dominantly by young, unmarried women, mostly for marriage or for some defined work enabled by contractors. Yet the migration of...
More »Right to Work (MG-NREGA)
KEY TRENDS • The proportion of households which completed 100 days of wage employment under MGNREGA in total households that worked was 6.02 percent in 2014-15, 10.07 percent in 2015-16, 7.79 percent in 2016-17 and 5.78 percent in 2017-18 @$ • Completed works as a proportion of total works was 30.15 percent in 2014-15, 29.39 percent in 2015-16, 40.27 percent in 2016-17, 32.01 percent in 2017-18 and 3.3 percent in 2018-19 (as on 7th May, 2018) @$ • In...
More »Rural distress
KEY TRENDS • The report entitled Pradhan Mantri Fasal Bima Yojana: An Assessment from the Centre for Science and Environment (released on 21 July, 2017) finds that PMBY is not beneficial for farmers in vulnerable regions. For farmers in vulnerable regions such as Bundelkhand and Marathwada, factors like low indemnity levels, low threshold yields, low sum insured and default on loans make PMFBY a poor scheme to safeguard against extreme weather events. CSE's...
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