-The Economic Times NEW DELHI: Poverty level in the country may have declined significantly between 2009-10 and 2011-12, the latest government survey on household consumer expenditure indicates, giving something to the beleaguered UPA government to hard sell ahead of elections next year. Back of the envelope calculations by ET suggest that poverty levels have fallen to less than 25% of population because of a sharp rise in rural incomes and decent performance...

-The Times of India NEW DELHI: Are you surprised by the staggering number of people, many from across India, who are stranded in calamity-stricken Uttarakhand? The reason is quite simple: in a state with a total population of just over 1 crore, the number of tourists visiting it is 2.5 crore, both figures being for 2011. And most of these tourists visit the mountain state in summer. Put this together with the...

-The Economic Times Over the last decade the UPA government has tried to reduce poverty by legislating a regime of rights accompanied by the national rural employment guarantee (NREG) programme -spending Rs 1,70,000 crore on this strategy. This strategy would have been fine if the transformation of India from a strong currency, high growth and low inflation economy to aweak currency, low growth and high inflation economy had been accompanied by a...

As fatal rains batter parts of the north Indian hill state of Uttarakhand, following a summer that also saw hundreds of deaths from heat waves, a new assessment out on June 19 from the World Bank warns of increasingly difficult effects of climate change on several parts of South Asia in the next 20-30 years. It argues that extreme weather events are likely to get more frequent, as temperatures rise. The...

-The Economic Times NEW DELHI: An expected 2°C rise in the world's average temperatures in the next decades will make India's monsoon highly unpredictable and by 2040, the country will witness a sharp reduction in crop yields due to extreme heat, a report commissioned by the World Bank cautioned on Wednesday. It said shifting rain patterns will leave some areas under water and others without enough water for power generation, irrigation or,...