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Planning Commission ropes in McDonald’s to eradicate poverty

New Delhi. Heralding a new era in public-private partnership, Planning Commission has decided to partner with fast-food restaurant chain McDonald’s in an attempt to remove poverty from India. McDonalds will soon give employment to a poor Indian and pay him one McAloo Tikki™ in kind, which costs at least 20 rupees even during Happy Hours, thus meeting the threshold set by the Planning Commission to identify urban poor. “Since India is growing at a rate of at least 9 percent, we are hopeful of at least one McDonald’s outlet in each urban Indian city soon,” Montek Singh Ahluwalia, Deputy Chairman of Planning Commission said after undertaking some complex mathematical calculations, […]

Shining & starving

Friday, August 26 2011 Under neoliberalism, income and regional disparities have got bloated to a point where the country’s rich and the poor live in two separate worlds. [Frontline |http://frontline.in/fl2817/stories/20110826281703600.htm], 26 August 2011 PRAFUL BIDWAI Under neoliberalism, income and regional disparities have got bloated to a point where the country’s rich and the poor live in two separate worlds. A TAWDRY, low-minded elitism always comes naturally to our corporate media. Even so, one is astounded at the depths to which many newspapers stooped while celebrating the 20th anniversary of Manmohan Singh’s 1991 Budget, then as Finance Minister, which launched India on the economic policy course of liberalisation, privatisation and globalisation […]

How do biodiversity and poverty relate? An explorative study

This study indicates that two intervals exist: biodiversity is being lost while human well-being is improved and poverty is initially reduced, and secondly, biodiversity loss is reaching a critical value whereby production drops and human well-being and poverty are both affected negatively. The first interval appears in non-vulnerable ecosystems, the second one in ‘brittle’ ecosystems where poverty is often concentrated. http://www.rivm.nl/bibliotheek/rapporten/555050004.pdf

The End of Poverty

The aphorism “The poor are always with us” dates back to the New Testament, but while the phrase is still sadly apt in the 21st century, few seem to be able to explain why poverty is so widespread. Activist filmmaker Philippe Diaz examines the history and impact of economic inequality in the third world in the documentary The End of Poverty?, and makes the compelling argument that it’s not an accident or simple bad luck that has created a growing underclass around the world. Diaz traces the growth of global poverty back to colonization in the 15th century, and features interviews with a number of economists, sociologists, and historians who […]

Poverty Estimates in India

Poverty Estimates in India: Old and New Methods, 2004-05 is the title of a new working paper published from theIndira Gandhi Institute of Development Research (IGIDR), Mumbai. It has been co-authored by Durgesh C. Pathak, a post-doctoral fellow whom I have been mentoring for the last two years, and myself. This paper is dedicated to the memory of Late Professor Suresh D. Tendulkar who passed away recently on 21 June 2011. Below I give excerpts that draw from the two quotations  that the paper begins with, the abstract, introduction and concluding remarks. The poor are a part of necessary furniture of the earth, a sort of perpetual gymnasium where the rich can practice virtue […]

Why India is Losing its War on Hunger

http://www.oxfam.org.uk/resources/policy/trade/why-india-losing-war-hunger.html Why India is loosing its war on hunger (download) India is home to a quarter of the world’s hungry people. Since the Green Revolution, the country has produced enough food to feed itself, but it has not yet been able to wipe out mass hunger. Currently, 40 per cent of the population is malnourished – a decline of only 10 per cent in the past three decades. Stellar economic growth has not delivered on its promise for poverty reduction and food security. Following a series of neoliberal economic reforms in 1991, India’s GDP has doubled, but despite this, 53 million more people now go to bed hungry every night. […]

How Much Poor Is Poor: Even Beggars Are Not Poor Enough!

http://www.countercurrents.org/talukdar190511.htm— By Shahidur Rashid Talukdar 19 May, 2011 Countercurrents.org How much poor is poor enough? If you ask this question to the Planning Commission of India, you might be highly disappointed at the response. Many of India ‘s poor die out of hunger and because they don’t have acceptable housing. Some of India ‘s poor even live in makeshift homes on train station platforms, an example of the 78 million Indians who lack proper housing facilities. Still, according to the Indian Planning Commission’s criteria on what classifies as a poor person, many of these individuals may not be considered poor enough to be considered as living below poverty line (BPL). Poverty is […]

India down as World Bank ups its poverty threshold

ENS Economic Bureau Posted online: Wednesday, August 27, 2008 The number swelled to 456 million in 2005 from 420 million in 1981 NEW DELHI, AUGUST 26: Compared with 1981, 36 million more Indians are now living below the poverty line, according to the new poverty estimate released by the World Bank. Based on new data and higher costs of living across the world, the World Bank has revised its threshold of poverty to less than $1.25 a day, up from the previous measure of one dollar a day. And this redefinition paints a sorry picture of the poverty scenario for Indian policymakers in particular. As per the new definition, the […]

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