A 30-year survey of the poor gives a wake-up call POVERTY is becoming hereditary in India, at least for a sizeable population. That is the conclusion derived from a three-decade tracking of poor households in rural India. A survey by the Chronic Poverty Research Centre (CPRC), an international association of researchers and academicians, claims that those who are chronically poor may pass on poverty to their next generation. What’s more, people residing...
More »SEARCH RESULT
India versus China by Amartya Sen
The steadily rising rate of economic growth in India has recently been around 8 percent per year (it is expected to be 9 percent this year), and there is much speculation about whether and when India may catch up with and surpass China’s over 10 percent growth rate. Despite the evident excitement that this subject seems to cause in India and abroad, it is surely rather silly to be obsessed...
More »How Much Poor Is Poor: Even Beggars Are Not Poor Enough! by Shahidur Rashid Talukdar
How much poor is poor enough? If you ask this question to the Planning Commission of India, you might be highly disappointed at the response. Many of India 's poor die out of hunger and because they don't have acceptable housing. Some of India 's poor even live in makeshift homes on train station platforms, an example of the 78 million Indians who lack proper housing facilities. Still, according to...
More »The surge in wages
-The Business Standard Only anecdotal evidence has been available so far to back the assertion that there has been a sharp rise in agricultural wages. Now, field data bear out the trend. Collected by the Shimla-based Labour Bureau, these numbers show a roughly 50 per cent cumulative rise in rural labour wages in the past two years. The increase in Andhra Pradesh has been assessed at over 40 per cent...
More »Posco land acquisition picks up pace
-The Business Standard The land acquisition for the 12 million tonne Posco steel plant in Orissa has picked up pace with United Action Committee, a pro Posco outfit active at the project site near Paradip, extending its support to the process. On the fifth day of the exercise today, the revenue officials demolished 36 betel vines on the government land and distributed compensation of Rs 57 lakh to the beneficiaries in...
More »