U.N. report says this will consolidate the region's economic recovery Even in crisis, Asia-Pacific still the fastest-growing region Increased social spending directly supports income security for households A United Nations report has called upon governments in the Asia-Pacific region to increase social spending to consolidate the region's stronger than anticipated economic rebound and to spur over the long term a fairer, more balanced, and sustained economic recovery. The Economic and Social Survey of...
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MGNREGA status report | Working towards empowerment by Ruhi Tewari
Until two years ago, Vimla had never even considered stepping out of her house for work. Women in her part of the world didn’t work. Now, she doesn’t just work, but also operates a bank account, participates in household decisions, and is learning two of the Rs (reading and writing). The difference is the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) that was launched in Vimla’s village in 2008....
More »UN agency worried about India’s food inflation
A UN expert body on Thursday said surge in food prices in India is a matter of concern, but retail price inflation will cool down to 7.5% this year from around 12% last year. The UN Economic Social Commission for Asia and Pacific (Escap) also projected the economy to grow by 8.3% in 2010-11, compared to estimated 7.2% last fiscal, fueled by the recovery in investment and private consumption. “In India, consumer...
More »Indigenous Peoples Still Among Poorest in World, but Progress Reported in Some Countries
Indigenous Peoples worldwide continue to be among the poorest of the poor and continue to suffer from higher poverty, lower education, and a greater incidence of disease and discrimination than other groups, according to a new World Bank study: Indigenous Peoples, Poverty, and Development. Released today at the Ninth Session of the United Nations Permanent Forum on Indigenous Issues, the study offers a "global snapshot” of a set of indicators for...
More »Good wheat crop to ease inflation: Montek
A good wheat crop this season is likely to ease the near double digit inflation in the next 2-3 months, Planning Commission Deputy Chairman Montek Singh Ahluwalia said today. "This season very good harvest (wheat) is coming in. There is ample stock of foodgrain in the country. So the inflation psychology would be broken," Ahluwalia told reporters here. The wholesale price index (WPI) is currently nearing the double-digit mark, with the March-end...
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