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India slips 10 spots to 88th on Global Prosperity Ranking

India has slipped 10 places to the 88th spot, way below neighbouring China, in the World Prosperity Index due to poor healthcare and education systems coupled with weak entrepreneurial infrastructure. While last year, India stood at 78th position, according to London-based Legatum Institute that compiled the index. China is ranked 58th in the list of 110 countries, which is topped by Norway. Other countries in the top five are Denmark (2), Finland...

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For whom the bell tolls by Moushumi Basu

It is imperative that the committee constituted to look into charges of corruption in the Commonwealth Games should also include violations of labour laws within its purview. One of the more blatant and visible scams of the recently concluded Commonwealth Games relates to how the thousands of workers who worked on the games construction sites were denied minimum wages, safety equipment, housing and other benefits constitutionally due to them. In an interview...

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Agricultural growth remains central to poverty reduction, says report

One billion people worldwide still live in extreme poverty Agricultural growth remains central to poverty reduction, as one billion people worldwide continue living in extreme poverty, many of them in rural areas, a World Bank Group on agriculture, the Independent Evaluation Group (IEG), said in a report released on Tuesday. Drawing on the World Bank Group's (WBG) experience in supporting agricultural growth in the past decade, the report — Growth and Productivity...

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Meena Gupta’s Posco report on Monday

The fate of South Korean steel giant Posco’s project in Orissa will be decided by early November. The decision will be taken before Prime Minister Manmohan Singh travels to Seoul for the G-20 meet in the second week of November. The environment ministry-appointed committee headed by former environment secretary Meena Gupta will submit its report on October 18. Sources said that there are indications that the panel will not be submitting...

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What India’s growth story conceals by Abhijit Patnaik

India’s performance at the Commonwealth Games in 2010 has been its best so far – second on the medals list.However, another kind of ‘competition’ ranked 84 countries in accordance with achievements in a different field this week. India was a lowly 67th. The field was hunger, measured by combining the proportion of people undernourished, the proportion of underweight children and the child mortality rate. The Global Hunger Index (GHI) 2010 –...

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