-The Hindu Policymakers must continue to follow the twofold strategy of letting the Economy grow fast and attacking poverty directly through poverty alleviation programmes In June 2012, the government of India appointed a committee to take a new look at the methodology for measuring poverty. The committee submitted its report towards the end of June 2014. The purpose of this article is to briefly explain the approach taken by this committee. Growth is...
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India close to ending extreme poverty?-Renu Kohli
-The Financial Express World Bank's latest data suggests realisation of millenium development goals may not be far off. Reduction of poverty and hence, how it is measured, has long been a contentious political Economy issue in India. There is general discomfort every time the headcount ratio of the number of poor, based upon an accepted methodology recommended by an expert committee, declines; this then triggers a process to revisit known issues by...
More »WTO: West’s Smoke & Mirror Tactics -Ranja Sengupta
-Business World The WTO Bali deal is ultimately a battle between food for the poor and trade for the rich The current global uproar at India's refusal to ratify the Trade Facilitation Agreement of the WTO Bali Declaration is a classic example of how meticulously orchestrated media hype and misdirected "expert opinions" attempt to pressurise developing countries into submission at global negotiations. India's primary interest is the food security proposal for ensuring...
More »Report: Women form half of agriculture workforce in state -Anisha Anand
-The Times of India PATNA: Bihar's agriculture sector is highly feminized, with 50.1% of the total workforce engaged in farming activities being women, says a report on women in the informal Economy of Bihar, which was released on Friday at Asian Development Research Institute (ADRI) here. The report has been compiled by SEWA Bharat's Special Task Force. The high rate of migration of men from Bihar over the past few decades has...
More »Black Economy now amounts to 75% of GDP -Puja Mehra
-The Hindu Driven substantially by the higher education sector, real estate deals and mining income, India's black Economy could now be nearly three-quarters the size of its reported Gross Domestic Product (GDP). These are among the findings of a confidential report commissioned by the government and accessed exclusively by The Hindu. Since there were no "reliable" estimates of black money generated in India and held within and outside the country, the UPA...
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