Is Bihar on steroids, boosted by an excessive stimulus of dramatically higher public outlays than ever in the past? Like all stimulus, does it also bear the danger of slumping back when it is withdrawn? Is the widely acclaimed growth turnaround a durable and sustainable one? These are among the many issues, which are currently being debated. But first the facts. Bihar is the best turnaround story that the country has seen...
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The World's Most Earthquake-Vulnerable Cities
The strongest earthquake to hit Haiti in more than 200 years crushed thousands of structures, from humble shacks to the National Palace and the headquarters of U.N. peacekeepers. Destroyed communications made it impossible to tell the extent of destruction from Tuesday afternoon's 7.0-magnitude tremor or to estimate the number of dead lying among the collapsed buildings in Haiti's capital of about 2 million people. International Red Cross spokesman Paul Conneally told the...
More »Has India's poorest state turned the corner? by Amarnath Tewary
Has India's poorest and most lawless state turned the corner? If you believe the government of the northern state of Bihar, the answer appears to be in the affirmative. According to it, Bihar clocked up a giddy growth rate of 11.03% in 2008-2009. This would make it India's second fastest growing state economy, just behind the industrially-developed western state of Gujarat. Not so long ago, Bihar was written off as a...
More »Child marriages continue in Kodakarai by P Arivanantham
KODAKARAI (KRISHNAGIRI): Awareness programmes and action against the perpetrators have not been able to put an end to child marriage in Kodakarai, a village situated on a hill in Denkanikottai taluk. “Girl students are prevented from going to school on attaining puberty and marriage is conducted. This is our tradition,” says Rudrappa, village elder. “We couldn’t give education to girls due to various factors. Girl students can study up to Std....
More »Tens of thousands of refugees to benefit from new UN-backed microfinance project
Tens of thousands of displaced people around the world will get micro-loans to set up their own businesses and become self-sufficient thanks to a new agreement between the UN refugee agency and a microfinance services organization set up by Bangladeshi Nobel Peace laureate Muhammad Yunus. Under a memorandum of understanding signed by Mr. Yunus and UN High Commissioner for Refugees (UNHCR) António Guterres, the Grameen Trust will set up micro-loan...
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