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Poverty up, poverty down by D Tushar

In April, India’s Planning Commission accepted recommendations put forth by the so-called Tendulkar Committee on a new poverty headcount for the country. Constituted by the Planning Commission under economist Suresh D Tendulkar, the committee, after four years and a new methodology, arrived at a new figure for the number of Indians living below the poverty line: 37.2 percent, ten points higher than the previous official figure. With the government’s subsequent...

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Bill Gates bigger funder of WHO than US govt? by Rema Nagarajan

In most organisations, those who are the biggest funders are also the ones with the biggest say in their running. In the case of the World Health Organisation (WHO), on the face of it, there seem to be two entities making the biggest voluntary contributions, the US government and the Bill and Melinda Gates Foundation. But a closer look at the list of voluntary contributors suggests that the Gates Foundation...

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Biometric IDs to plug leaks in rural job scheme by Ruhi Tewari

To eliminate misuse and leakages from its flagship rural employment programme, India could introduce biometric-aided identity checks that can be verified remotely. The government’s initiative comes at a time when the Mahatma Gandhi National Rural Employment Guarantee Scheme has been criticized for leakages. It is the government’s largest social sector spending programme with allocation for this fiscal pegged at Rs40,100 crore. The proposal, which has already been submitted to the government for...

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Developing countries set to account for nearly 60% of world GDP by 2030, according to new estimates

The rapid growth of emerging economies has led to a shift in economic power: forecasts based on analysis by late economist Angus Maddison suggest that the aggregate economic weight of developing and emerging economies is about to surpass that of the countries that currently make up the advanced world. According to Perspectives on Global Development: Shifting Wealth, a new publication from the OECD Development Centre, the economic and financial crisis is...

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People-friendly growth by BG Verghese

The Supreme Court on May 7 ruled that natural resources were national assets that belonged to the people and were ideally exploited by public sector undertakings. This obviously implies that local communities, including tribals, living on mineralised land, enjoy entitlements but not prescriptive ownership rights to such national assets. This is an important reiterative clarification defining mineral rights in Fifth Schedule areas that are currently in contention. Whether PSUs should...

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