A balance sheet of the Fourth U.N. Conference on Least Developed Countries held in Istanbul. Since the international community recognised the special category of Least Developed Countries (LDCs) in 1971 and started extending special benefits to them, their number has increased from 25 in 1971 to 48 in 2011. In 40 years, only Botswana, Cape Verde and Maldives have moved up. Meanwhile, 26 countries were added. Clearly, the development strategy for...

Every day, through scorching summers and chilly winters, Himmat pedals his bicycle rickshaw through New Delhi's crowded streets, earning barely enough to feed his family. But to India's government he is not poor – not even close. The 5,000 rupees ($110) he earns a month pays for a tiny room with a single light bulb and no running water for his family of four. After buying just enough food to keep...

It would be sad if the potential of cash transfers was lost as a result of hasty posturing by those on various sides of the debate. The fact is that, in India today, poverty and economic insecurity remain endemic in spite of fantastic economic growth. The existing system has failed to arrest the growing number in poverty, despite substantial government spending ostensibly designed to reduce poverty. Could cash transfers help? A...

The revised blueprint for land acquisition envisages government retaining its facilitator role Contentious Issues     * Protests are often against land acquisition per se, regardless of compensation     * Most protests are against private builders acquiring land, changing land use. New norms don’t tackle this.     * Poor government track record in R&R does not inspire much confidence; merged bills won’t work for rehabilitation after natural calamities, etc     * Can the government, which...

-The Indian Express   Indian government uses public funds to alleviate, prevent and end poverty; but, unarguably, does so inefficiently. A new report from the World Bank for the Planning Commission on India’s “social protection” programmes outlines the scope of the failure and provides a few answers. Those programmes can be divided into three kinds, the report argues: those that prevent a slide into poverty, like social security and insurance schemes; those...