The still lingering global financial turmoil could push as many as 21 million more people into extreme poverty in the Asia-Pacific region, a joint report by the United Nations and Asian Development Bank said.
This is an increase of $1.1 billion over the previous year, the World Bank said on Thursday, adding that it invested $6.6 billion in 89 projects to promote economic growth, fight poverty and assist private businesses. This includes nearly $2 billion in infrastructure financing, a critical sector to provide the foundation for rapid recovery from the crisis and job creation.
'The West has always opposed a strong nationalist leader in India and Narendra Modi is no exception.' 'The West prefers weak leaders who are amenable to Western pressure and Mr Modi's independent stance is not to the liking of the West,' asserts Colonel Anil A Athale (retd).
The Odisha government told the assembly over 40,000 workers migrated from the state last year, with the highest number -- 26,151 -- from Balangir.
A substantial number of castes and groups are already placed in the reserved category, getting about 52 per cent of reservations altogether. It would be completely inequitable to place the Maratha community in the Other Backward Class (OBC) category, it said.
A Harvard study finds a 'peculiar relationship between the levels of political freedom a nation affords and the severity of terrorism.'
Slamming the Planning Commission over its controversial definition of poverty, the BJP on Friday dubbed it a "conspiracy" hatched by the body and the Centre to deprive a large number of poor people of benefits under various welfare programmes.
The government should become more accountable, carry out labour and land reforms, ensure higher credit flow to rural India and improve education to bring down poverty in India, according to a study carried out by London School of Economics.
The speech he gave in which he accused the Congress of getting black money in tempos from Ambani and Adani is remarkable.' 'It is a self-goal for sure, but indicates someone who has lost control, someone who is rattled.'
Modi also alleged the opposition grouping will end the reservation given to SC, ST, OBC and give all of it to Muslims.
The actors star in the biopic, Amar Singh Chamkila, which has music by A R Rahman.
"I am fighting a big battle to save my country from the corrupt. That is why they are behind bars today and not getting bail even from the Supreme Court," Modi said.
The RJD polled the highest vote share in Bihar, but it was not reflected in the number of seats it won.
About 56 million Indians may have plunged into extreme poverty in 2020 as a result of the pandemic, increasing the global tally by 71 million and making it the worst year for poverty reduction since World War II, according to fresh estimates by the World Bank. "The global goal of ending extreme poverty by 2030 is likely to be missed: By then, about 600 million people will remain in abject poverty. A major course correction is needed," Indermit Gill, chief economist at the World Bank, tweeted. The World Bank in its latest "Poverty and Shared Prosperity" made fresh estimates of poverty using a new extreme poverty line based on the purchasing power parity (PPP) of $2.15, the earlier one being at $1.9.
The ruling Congress posted a video along with a statement on social media platform X, criticising the Janata Dal-Secular leader and son of former Prime Minister H D Deve Gowda.
The multilateral lender, in its recently released report 'Global Economic Prospects for 2009', said a quarter of India's population will be living in extreme poverty, on less than $1.25 a day, in 2015. According to the World Bank's poverty forecast, China had 60.2 per cent of its population living on less than $1.25 a day in 1990, compared to India's 51.3 per cent.
The idea, suggested by 64-year-old Jawaharlal Sharma, is how to share the cost of making the loaf and thereby reducing its prices.
Manchester City striker Carlos Tevez has revealed his incredible journey from the poverty and hardship of a Buenos Aires ghetto to the iconic superstardom that he enjoys in the Premier League club.
Some have been cherry-picked to assert the BJP's supremacy over its allies or, significantly, its leaders who charted an independent course in the recent past.
The study 'Orissa in Transition: From Fiscal Turnaround to Rapid and Inclusive Growth' was conducted by the World Bank in 2007. The study found that the poverty headcount ratio for the state, after rising during 1993-99, declined during 2000-2005 by more than 8 percentage points in rural Orissa and 2.5 percentage points in urban Orissa. This is better than the all-India average decline of 5 percentage points for urban India and 2 percentage points for rural India.
Is it a case of poor targeting of a welfare scheme, or is it a reflection of the government's desire to expand the scope of this benefit to secure greater electoral dividends? asks A K Bhattacharya.
"During the Congress regime, the news headlines were of India handing over another dossier to Pakistan about terror activities. Some of our friends in media used to clap after such any such dossier was sent," Modi said at an election rally in Maharashtra's Latur.
The MNS chief started his speech with the name of Nehru, then paused. After a few tense seconds, he resumed: "After Nehru, here is the only politician who will be PM for the third term."
India has failed to use a period of high economic growth to lift tens of millions of people out of poverty.
India could gain four times over by winding up dysfunctional subsidies.
India has mooted an International Skill Development Fund with active assistance from the developed countries for rooting out poverty in the developing countries.\n\n\n\n
Figures of people living below the poverty line in India was being fudged by international agencies like the World Bank to paint a grim picture of the Indian economy, Planning Commission Member N K Singh said on Monday.
The level of poverty is lower in Europe than in other regions but the significance lies in the fact that the region encompasses some of the richest countries.
The Congress leader also said that the BJP wants to change the Constitution, and reduce and weaken the rights given to the people through the statute book.
The UN secretary-general said the rich only made promises, never came good on them.
The state's economic health is in focus as it has consistently breached the fiscal deficit in eight of the last 10 years since Telangana's formation.
President A P J Abdul Kalam said on Friday that to completely eradicate poverty in the country, India would have to achieve a GDP growth of 10 per cent continuously for a decade at a stretch.
The leading NRI industrialist said, 'What happens to the poorest citizen in the poorest country can directly affect the richest citizen in the richest country.'
An estimated 12.6 million people in Britain, 22 per cent of the total population, currently live below the poverty line despite the progress the country has made, a survey indicated on Tuesday.
Since the poverty estimates released by the Planning Commission determine the eligibility of benefits such as BPL allocation of foodgrain to the states, he said, "a firm choice of reference period is necessary." Different reference periods (30-day recall period and 365-day recall period) used in the early surveys, he added, had prompted the Planning Commission to come out two with sets of poverty figures.
Bahujan Samaj Party chief Mayawati on Sunday declared her nephew Akash Anand as her 'uttaradhikari (heir)', a party office-bearer said.
There are other ways in which markets are capable of serving the poor better than large-scale and often unaffordable anti-poverty interventions.
The global financial crisis has hit the realisation of Millennium Development Goals hard with loss of employment and food inflation slowing down the progress and an additional 64 million people expected to be thrown into extreme poverty by 2010-end relative to a no-crisis scenario.
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