Half the world’s 48 least developed countries (LDCs) can “graduate” out of their impoverished status within 10 years if they benefit from better targeted development aid, duty- and quota-free access for exports and doubled farm productivity and school enrolment, according to a United Nations report released today. This is considered a bold objective, given that altogether there have been 51 LDCs since the category was created by the UN in 1970,...
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Experts warn Africa must learn from India's microfinance problems by Teo Kermeliotis
It has been lauded as one of the most promising ways of using the market to reduce poverty and boost economies in some of the world's most deprived areas. But in recent months the work of microfinance institutions (MFIs), which provide small loans to poor people with no access to traditional banking services, has come under scrutiny after a spate of suicides in the Indian province of Andhra Pradesh was linked...
More »From cradle to grave by S Dorairaj
In Tamil Nadu, untouchability is so deep-rooted that there are separate burial spaces for Dalits and upper castes even in some urban pockets. “Samarasam ulavum idame Nam vaazhvil kaanaa Samarasam ulavum idame… Jaathiyil melor enrum Thaaznthavar keezhor enrum bethamillathu Ellorum mudivil serndhidum kaadu Thollai inriye thoongidum veedu Ulaginile ithuthaan Nam vaazhvil kaanaa Samarasam ulavum idame…” (Here, in this place pervades equality Which one could not have seen ever in one's lifetime! Steering clear of caste discriminations Such as the high, the low and...
More »Where children need wheelchairs, not toys by Sarabjit Pandher
Toxicity in Ferozepur district's groundwater is causing crippling disorders among children in several villages Sutlej water gets polluted by effluents and seeps into groundwater People in border areas upset at official apathy The toxicity of the groundwater in over four dozen villages in the border areas of Ferozepur district of Punjab has risen to such alarming levels that an increasing number of children now requires wheelchairs more than toys, as they fall victim...
More »The Case for Direct Cash Transfers by Rupa Subramanya Dehejia
Would you rather buy a necessity like kerosene or food grains at a subsidy or receive an equivalent amount of cash instead? Would you prefer that the government decides your consumption pattern rather than figuring out on your own how to spend your income? One of the “big ticket” reform items in the budget was the announcement that subsidies on kerosene, fertilizers and Liquefied Petroleum Gas and delivery through the Public...
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