-PTI NEW DELHI: India has the fastest internet traffic growth globally and is expected to have 348 million users by 2017, a study by networking giant Cisco said. According to Cisco's Visuals Networking Index (VNI) forecast (2012-17), internet traffic in India will reach 2.5 exabytes per month in 2017, up from 393 petabytes per month in 2012. One exabyte equals 1 million terabytes. "In India, there will be 348 million internet users in...
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RENOWNED ECONOMISTS ‘ELIMINATE’ MALNUTRITION
Argumentative Indians are at it again! After sparring over the poverty line and the actual number of poor, India's renowned economists have fired up a fresh debate over the extent of malnutrition. In the earlier debate, the Planning Commission ‘reduced' poverty on paper disregarding NSSO and official committees, including the NCEUS, which determined that 77% Indians survived on less than Rs 20 a day. Columbia university economist Arvind Panagariya has...
More »India has a problem with inequality, and it won't be solved easily-Kunal Kumar Kundu
-The Business Standard Why government policy and jobless growth have let inequality worsen in recent times The Forbes list of billionaires features 55 Indians in 2013. The estimated net worth of only the top ten is $102.1 billion or approximately 5.5 per cent of India's gross domestic product. Paradoxically, every third poor person and every second malnourished child in the world is also an Indian. India also adds 7.5 million babies with...
More »A report card for India’s states -Pranjul Bhandari
-Live Mint Cherry-picked indicators of progress cannot convey the complexities of development in India's diverse states Which Indian states have fared better than their peers and which ones have done relatively worse is a perennial question for discussion. There is more at stake than mere grading of states here. Investment flows, central government funds and praises for being a good state are all linked to this seemingly straightforward question. It seems to...
More »How GDP understates economic growth-Bill Gates
-The Guardian GDP may be an inaccurate indicator in sub-Saharan Africa, which is a concern for those who want to use statistics to help the world's poorest people Even in good financial times, development aid budgets are hardly overflowing. Government leaders and donors must make hard decisions about where to focus their limited resources. How do you decide which countries should get low-cost loans or cheaper vaccines, and which can afford to...
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