Contesting government figures, several MPs on Monday stressed that the number of manual scavengers still left in the country was much higher than what was furnished by the Ministry of Social Justice and Empowerment — 1.17 lakh. At a meeting of the Parliamentary Consultative Committee attached to the Ministry, they pointed out that this figure did not square with the much larger number of proposals received by the Ministry of Housing...
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Hernando de Soto interviewed by Shekhar Gupta on NDTV’s Walk the Talk
Peruvian economist Hernando de Soto turned classical capitalism on its head with his trickle-up theory: that if you create wealth at the bottom of the pyramid, it will find its way up. de Soto, president of the Institute for Liberty and Democracy, speaks to The Indian Express Editor-in-Chief Shekhar Gupta on NDTV’s Walk the Talk on the need for the poor to be able to participate in the global economy...
More »Poverty Alleviation: Government to launch plan
The National Rural Livelihood Mission (NRLM) will be implemented in the state soon. This was decided at a highlevel meeting presided over by Chief Minister Naveen Patnaik here today. The NRLM aims at addressing poverty and alleviating rural poverty by 2015. The scheme also targets to cover 50 percent of the rural households by self help groups (SHGs) during the next three years. The newly launched central programme will be executed in...
More »De Soto to help in integrating economy by Rahul Chandran
Peruvian economist Hernando De Soto, who is the the capital to meet with government officials will over the next few days, seek to formalize an arrangement to help the government integrate its vast informal economy with the mainstream. De Soto is the founder of the think-tank the Institute for Liberty and Democracy and is best known for his role in eradicating the Shining Path guerilla movement by empowering landless peasants who...
More »UPA to try 'de Soto model' for slum development by Saubhadro Chatterji
The day Kumari Selja assumed charge as the Union minister for housing and urban Poverty Alleviation in the second United Progressive Alliance government, she got an unusual gift: a set of two books from none other than Prime Minister Manmohan Singh. The books, The Other Path and The Mystery of Capital, were by eminent Peruvian economist Hernando de Soto, hailed as the “poor man’s capitalist”for his work on the informal sector....
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