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ADB: Food prices may push millions of Asians into poverty

Poor families may find it tough to pay for medical care, children's education “Recent gains in poverty reduction made in Asia will be undermined” Resurgent global food prices, which averaged 10 per cent in many economies and posted record increases in the first two months of 2011, 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...

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Food prices may push millions of Asians into poverty: ADB

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...

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Saga of struggles by Lyla Bavadam

NEARLY 80 km from Pune is Ralegan Siddhi village with about 3,000 people. It would have been one among the hundreds of nondescript villages in Parner taluk of Ahmednagar district, Maharashtra, had it not been for Kisan Baburao Hazare, 71, better known as Anna, or older brother, a title that was appended to his name after he made the village more than just a dot on the map. Until he was...

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Everybody loves to fight poverty by Puja Mehra

It is not often that a social security programme the size of Mahatma Gandhi NREGS - New Delhi has spent Rs 40,000 crore on it in 2010/11 alone - faces an existential moment. But, April 2011 will present one such crossroad: the end of the term of a bureaucrat widely acknowledged as the prime mover behind the five-year old scheme. Brought in six years ago to the Centre from her parent...

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A Table for Nine Billion by Aprille Muscara

As the World Bank and International Monetary Fund convene for their annual Spring Meetings here, soaring food prices are high on the agenda, prompting some analysts to fast-forward to 2050 and the question of how to nourish the mid-century's estimated world population of 8.9 billion people – the majority of whom will live in developing countries. "More poor people are suffering and more people could become poor because of high and...

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