-The Hindu The expenditure on providing food security will add minimally to India's public spending which is less than what even lower middle income Asian countries spend on social protection In recent media coverage, critics often argue that the cost of the National Food Security Bill (NFSB) is excessive. The Economic Times referred to the NFSB as a "money guzzling measure" and according to CNBC-TV18, Rahul Bajaj, chair of Bajaj Auto, said...
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Good news on poverty-TN Ninan
-The Business Standard But many numbers point to contrary trends The latest numbers on poverty levels are dramatic; they show that the number of people below the poverty line (as defined by the late economist Suresh Tendulkar) has shrunk from 37 per cent of the population to 22 per cent, in the seven years to 2011-12. This is an unprecedented rate of fall in poverty levels; some 40 per cent of those...
More »Air pollution costing economy Rs 3.75L crore a year: World Bank -Dipak Kumar Dash
-The Times of India NEW DELHI: Only outdoor air pollution in urban areas claims 1.09 lakh lives of adults, another 7,513 of children below 5 years annually, says a latest report of World Bank. The study released on Wednesday revealed that the annual cost of environmental degradation in India is about Rs 3.75 lakh crores, which is equivalent to 5.7% of country's GDP. The study commissioned by the Central government has brought...
More »Rural women lost 9.1m jobs in 2 yrs, urban gained 3.5m -Subodh Varma
-The Times of India NEW DELHI: Women's employment has taken an alarming dip in rural areas in the past two years, a government survey has revealed. In jobs that are done for 'the major part of the year', a staggering 9.1 million jobs were lost by rural women. In urban areas, the situation was quite the reverse, with over 3.5 million women added to the workforce. This emerges from comparing employment data...
More »The Bhaiya Express to misery-Badri Narayan
-The Hindu Indentured labour may be a forgotten part of our colonial economic history but Bihar and eastern Uttar Pradesh are still sending ‘Girmitya' to toil in distant lands The descendants of indentured labourers, who migrated from eastern Uttar Pradesh and Bihar to erstwhile colonies, recently met at The Hague in the Netherlands to commemorate 140 years of migration - perpetuated through a system popularly known as ‘Girmit.' They gathered from all...
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