Resurgent global food prices, which averaged 10 per cent in many economies and posted record increases in the first two months of this year, may push nearly 30 million Indians and 64 million people in the Asian region into extreme poverty, the Asian Development Bank (ADB) said on Tuesday. In a report titled “Global Food Price Inflation and Developing Asia,” the Manila-based bank warned that a 10 per cent rise in...

With manufacturing sector growth in the Eleventh Plan period estimated at 8 per cent against 11-12 per cent required to create about 2 million additional jobs in the country, the Prime Minister’s National Council on Skill Development (NCSD) is considering recommending to the Rural Development Ministry that the UPA’s flagship rural job guarantee scheme (NREGS) be widened to include providing “skill development” to unskilled wage seekers. The issue is likely to...

The Arjun Munda government’s headlong drive to distribute new ration cards among 50 lakh families across the state is turning out to be an organised chaos, with acute crunch of application forms and clueless public representatives fielded for the job. While a three-day, statewide camp kicked off today to arm every family in rural and urban pockets with ration cards that entitle them to subsidised foodgrain, kerosene, et al, inadequate number...

Even as the formation of the 13-member regulatory body to monitor television content in channels is in its final stages, the government is keen to retain the final say as far as content goes. "The regulatory body, the Broadcast Content Complaints Council (BCCC), will be ready by the first week of May. It will get 21 days to act on any complaint. The information  and broadcasting ministry will wait-and-watch over...

Resurgent food prices, which rose by 10% on average in many regional economies in Asia this year, can push an additional 64 million people into extreme poverty, an Asian Development Bank (ADB) report says. The study, titled, 'Global Food Price Inflation and Developing Asia', by the multilateral lending agency, finds that a 10% rise in domestic food prices could push an additional 64 million people, out of 3.3 billion people living...