Despite the fact that over 350 million rural people have escaped poverty over the past ten years, the bulk of the world’s poor are still found in rural areas, says a new United Nations report, which calls for greater investment in agriculture and efforts to boost livelihoods. The Rural Poverty Report 2011, released today by the UN International Fund for Agricultural Development (IFAD), found an overall decline of extreme poverty –...

Digital TV penetration in rural India is three-fold higher than in urban areas, says a report compiled by the Indian Readership Survey (IRS) on the pay TV sector. Though nearly 80 per cent of households in urban areas have television sets, more than double the 38 per cent in rural areas, the adoption of technology has been much faster in the latter. Digital TV penetration is 34 per cent in rural...

Asian governments, battling soaring food inflation, are pumping ever more resources into agriculture but will struggle to offset rapidly expanding demand in top consumers China and India. China, stung by consumer prices running at a 25-month peak, has been selling state stockpiles. It has also ordered banks to urgently offer support to farmers, an example of the sort of firepower these governments can deploy. With China and India also in many cases...

Sample some data on the microfinance performance in India: According to the data provided by www.mixmarket.org, microfinance in India reached close to 270 lakh active borrowers in 2009, with the average loan size close to Rs 8,000. This translates into total borrowing to over Rs 20,000 crore. Though this number seems large, it represents only 0.3% of our GDP. Thus, large swathes of poor, both in our villages and urban...

THE definition of poverty has been at the core of discussions and commitments at the international level to address it and, by a logical conclusion, to eradicate it. This intent is the basis for the lofty Millennium Development Goals adopted by the UN member-states and international organisations at the beginning of this century. Now, 10 years later, the UN Summit on MDGs in New York last month was meant to...