-First Post A ten percent spike in food prices could push 30 millions more people into extreme poverty in India, a report by the Asian Development Bank (ADB) has said. Ironically,  data released by the Planning Commission on Monday showed that poverty had declined significantly between 2004-2005 and 2009-2010.In absolute terms, there were 35.5 crore poor people in 2009-10 against 40.7 crore five years earlier. As per the data, poverty across the...

The Union government has cleared an external loan to finance part of the programme launched by the Ministry of Rural Development in left wing extremism-affected villages. The clearance is for a loan of $500 million from the Asian Development Bank (ADB) to speed up construction of rural roads. Union Minister of Rural Development Jairam Ramesh has, in a letter, urged Finance Minister Pranab Mukherjee to issue directions for negotiating and early signing...

The implementation of the ‘100 days work' scheme in West Bengal had become a poll issue during the last parliamentary and assembly elections as had some other Centrally-funded rural development projects. But despite a change in government in the State, little seems to have changed on that front ultimately leading to a somewhat hurried shunting out of a Minister from his Department. The decision taken by Chief Minister Mamata Banerjee to...

-IANS The food security bill, that seeks to legally entitle majority of India's population to cheaper foodgrains, is not sustainable as it would put further pressure on fiscal deficit and worsen inflation, an Asian Development Bank (ADB) official said on Tuesday. "While the purpose of ensuring food security to the poor is laudable, the food security bill is not the right mechanism for it," said Biswa Nath Bhattacharyay, lead professional, Asian Development...

-The Pioneer   The Government may go for a comparative study of RTI in different countries in order to check its misuse. The Government will table Public Procurement Policy Bill and a Bill on electoral reforms to check corruption in the public arena. “Undoubtedly, RTI is being misused…Even judges feel that it is hampering the work of courts in matters of decisions and appointments of judges…We can have comparative study on it,” said...