The report said the global economy will lose $12 trillion or more by the end of 2021 despite spending of $18 trillion in trying to stimulate growth around the world.
One third of the world's poor live in India.
'I love the fire in Indian entrepreneurs's eyes. I just hate how Indian society does not believe that entrepreneurship is a means to earn a living or create change. That limits us from doing or thinking beyond the ordinary.' A winner of the prestigious ITU Young Innovators Award, Varun Arora tells Rediff.com's Prasanna D Zore how he plans to change the way the world gets its education.
Free 35 kg rice a month, free power supply to farmers, crop loans to peasants at zero per cent interest rate are among the sops promised by Congress in its manifesto for Chhattisgarh assembly elections scheduled this month.
Attacking Prime Minister Manmohan Singh over the proposed Food Security Bill, Gujarat Chief Minister Narendra Modi said the bill, in its current form, will push the country toward "malnutrition".
After nine years in power, the United Progressive Alliance faces the question of credibility, says Aditi Phadnis
The move is being planned with a view to ensuring that the benefits provided by the government reach the beneficiaries and the process remains transparent.
'I worry that the suffering of these people might be as invisible as the people themselves,' observes Geetanjali Krishna.
India's public debt ratio, which remarkably remained stable at around 70 per cent of the GDP since 1991, is projected to jump by 17 percentage points to nearly 90 per cent because of increase in public spending due to COVID-19, the IMF said.
How Kamal Nath left the Opposition leaders stumped... Why Montek Singh is avoiding the poverty line... Mamata Banerjee's newest enemy. All this, and more, in this week's Dilli Gupshup.
How Kamal Nath left the Opposition leaders stumped... Why Montek Singh is avoiding the poverty line... Mamata Banerjee's newest enemy. All this, and more, in this week's Dilli Gupshup.
In a letter to Gujarat Chief Minister Narendra Modi, Union Environment Minister Jairam Ramesh has outlined his concerns about the faulty implementation of the Indira Awaas Yojana in the state.
'The top 11 billionaires in India added so much to their wealth during the pandemic that it would have sustained MNREGA for 10 years or the ministry of health for 10 years.'
The poverty ratio was highest in Chhattisgarh at 39.93 per cent.
The Union government has released Rs 184 crore to the government of Tamil Nadu -- to construct one lakh houses for families living below the poverty line under the Indira Awaz Yojana -- in Cuddalore and Villupuram where Cyclone Thane had wreaked its havoc.
The Delhi high court's division bench has stayed the single bench order favouring the emergency award against the Future-Reliance deal and imposing a Rs 20 lakh fine on Kishore Biyani & other respondents. including FRL and FCPL.
TCS has got a special recognition for its initiative to the lift of one million people in the inner part of India, by reaching out to the educated among the backward community and training them as well as making them economically-active through employment, TCS' Singapore-based President Vish Iyer told PTI on Monday.
The Delhi high court on Thursday upheld the Singapore Emergency Arbitrator's (EA) order restraining Future Retail Ltd (FRL) from going ahead with its Rs 24,713 crore deal with Reliance Retail to sell its business, which was objected to by US-based e-commence giant Amazon.
The United Progressive Alliance government, led by Prime Minister Manmohan Singh, has three more ambitious plans for Below Poverty Line families, a source in the government told rediff.com
Men don't have a uterus -- that's the universal truth. But in Bihar's Samastipur district, officials and doctors have, on paper, removed uteruses of more than a dozen men on paper to usurp the health insurance money provided under Rashtriya Swasthya Bima Yojna.
Bihar Chief Minister Nitish Kumar on Wednesday hit back at Congress vice-president Rahul Gandhi for questioning his developmental claims and manner of implementing social welfare works.
Indira Awaas Yojana, a social welfare programme started to provide homes to the poorest of the poor, has fallen prey to rampant corruption in Bihar, the latest Comptroller and Auditor General report has said.
A Parliamentary panel suggested scrapping separate foodgrain rate and quota for poor and general public and said the UPA's ambitious Food Bill should guarantee 5 kg of rice and wheat to all beneficiaries at uniform price of Rs 3 and Rs 2 per kg, respectively.
'What we have is the bill and the Act passed by Parliament.' 'And then there is a criterion of exclusion as to who will not be covered in EWS.' 'Beyond that, we have no clue where this idea came from.' 'And most importantly, why is it 10% reservation, and say why not 15% or 20%?'
The committee, to be constituted in a couple of months, would take a comprehensive view on the entire method of estimating poverty, including the Socio-Economic Caste Census 2011.
Amid controversy over the Gujarat government's poverty figures, the Congress on Tuesday took a jibe at the Narendra Modi-led government, questioning if poor people were only migrating to that state.
"A recent Columbia University study that supports that death is prevented by earlier lockdowns bears the fact that Narendra Modi's government has done an excellent job in clamping lockdown," Tennessee-based Dr Indranill Basu Ray said in a statement.
It will also end the below and above poverty line (BPL and APL) demarcation, prevailing in the current public distribution system.
The Lok Sabha was adjourned on Wednesday following uproar over fresh poverty estimates released by the Planning Commission, which pegged the poverty line at Rs 28.65 per capita daily consumption in cities. As soon as the House met, National Democratic Alliance convener Sharad Yadav and Communist Party of India leader Prabodh Panda were on their feet, demanding suspension of the Question Hour for a discussion on the latest poverty estimates of the Planning Commission.
The arguments in favour of the proposed 'Har Hath Mein Phone' scheme are strong. The challenge lies in its implementation.
As and when the pandemic recedes from these shores, rebuilding the economy will be the biggest challenge for Modi in the remaining three years of his term, observes Virendra Kapoor.
Never have I been so thankful for my decision to quit my life in Mumbai and shift to Santiniketan as I have been in these times of the coronavirus.
Soon after the Rajya Sabha met for the day, members from Bharatiya Janata Party, Janata Dal-United, Bahujan Samaj Party, All India Anna Dravida Munnettra Kazhagam and the Left parties were on their feet seeking a discussion on the issue.
A financially destructive populist culture of giving voters freebies in TN has left the state with massive bills.
The state of Bihar will now monitor the public distribution system (PDS) through laptops to check corruption and to provide help to those living below poverty line (BPL), to get their monthly quota of essential commodities including food grain and kerosene oil, officials said.
Among the major states, Orissa recorded the steepest fall in poverty from 2004-05 to 2009-10.
Farm activists say low MSP is fine, if salaries revised under the Sixth Pay Commission are lowered.
New census will include questions about religion and castes.
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