With climate change already claiming human victims, the world must get an agreement out of the UN conference in South Africa The United Nations' annual climate summit descended on Durban, South Africa, this week, but not in time to prevent the tragic death of Qodeni Ximba. The 17 year-old was one of 10 people killed in Durban Sunday, the night before the UN conference opened. Torrential rains pummelled the seaside city...

Watching the recent debate on the poverty line has been a depressing experience. As the debate unfolded, we witnessed self-righteous commentators engaged in a game of one-upmanship to prove that no one was more concerned for the poor than they, electronic media failing in its responsibility to inform the public simple facts and the Planning Commission proving itself incapable of communicating in simple terms the rationale behind its proposal either...

-Express News Service   The Sonia Gandhi-chaired National Advisory Council (NAC) on Tuesday asked a working group under it to work out implementation mechanisms and financial implications of a comprehensive social security package to make the Unorganised Workers’ Social Security Act, 2008 more inclusive. The direction came during a meeting where a working group on ‘Social Security for Unorganized Workers’ presented its draft suggestions for a “comprehensive social security package, that includes Health...

At a time when the government and regulators are emphasizing inclusion and increase in credit delivery to those without access to formal sources of finance, private sector banks are found to have low credit-deposit ratios in rural areas as compared to public sector counterparts. In a recent interaction at the state-level bankers committee (SLBC) meeting, in which Reserve Bank of India governor D Subbarao was present, bankers brought this to the...

In the winter of 2009, Vilam Singh, a young tribal farmer from Chhattisgarh's Kawardha district, applied for 100 rupee-a-day work under MNREGA, the rural job scheme.  One year later, the same below-the-poverty line farmer bought land worth 3.36 crore rupees in another district, Janjgir Champa.  What explains the sudden turn of fortune?  "He did not turn rich overnight. He was simply roped in to act as a front by a power company that...