Horrific Achhe Din: India 100th on hunger index; worse than Nepal, Bangladesh

Agencies
October 13, 2017

New Delhi, Oct 13: India has a “serious” hunger problem and ranks 100th out of 119 countries on the global hunger index — behind North Korea, Bangladesh and Iraq but ahead of Pakistan, according to a report.

The country’s serious hunger level is driven by high child malnutrition and underlines need for stronger commitment to the social sector, the International Food Policy Research Institute (IFPRI) said in its report.

India stood at 97th position in last year’s rankings.

“India is ranked 100th out of 119 countries, and has the third highest score 
in all of Asia — only Afghanistan and Pakistan are ranked worse,” IFPRI said in a statement.

“At 31.4, India’s 2017 GHI (Global Hunger Index) score is at the high end of the ‘serious’ category, and is one of the main factors pushing South Asia to the category of worst performing region on the GHI this year, followed closely by Africa South of the Sahara,” it added.

As per the report, India ranks below many of its neighbouring countries such as China (29th rank), Nepal (72), Myanmar (77), Sri Lank (84) and Bangladesh (88). It is ahead of Pakistan (106) and Afghanistan (107).

North Korea ranks 93rd while Iraq is at 78th position.

The GHI, now in its 12th year, ranks countries based on four key indicators — undernourishment, child mortality, child wasting and child stunting.

The report ranked 119 countries in the developing world, nearly half of which have ‘extremely alarming,’ ‘alarming’ or ’serious’ hunger levels.

“India’s high ranking on the Global Hunger Index [GHI] again this year brings to the fore the disturbing reality of the country’s stubbornly high proportions of malnourished children,” the statement said.

IFPRI pointed out that more than one-fifth of Indian children under five weigh too little for their height and over a third are too short for their age.

“Even with the massive scale up of national nutrition-focused programmes in India, drought and structural deficiencies have left large number of poor in India at risk of malnourishment in 2017,” said P.K. Joshi, IFPRI Director for South Asia.

However, he said that the on-going efforts are expected to make significant changes in improving the existing situation.

Mr. Joshi appreciated that India has developed and launched an action plan on ‘undernourishment free India’ by 2022. The plan shows stronger commitment and greater investments in tackling malnutrition in the coming years.

“As of 2015-16, more than a fifth [21%] of children in India suffer from wasting [low weight for height] — up from 20% in 2005-2006,” IFPRI said.

Only three other countries in this year’s GHI — Djibouti, Sri Lanka and South Sudan — show child wasting above 20%. India’s child wasting rate has not shown any substantial improvement over the past 25 years.

However, India has made considerable improvement in reducing its child stunting rate, down 29% since 2000, but even that progress leaves India with a relatively high stunting rate of 38.4.

Comments

Indian
 - 
Friday, 13 Oct 2017

No corruption itself is achhe din for me,..There may be incorrect decisions but govt is not sleeping , every day they take decision
This is achhe din for me

D'souza
 - 
Friday, 13 Oct 2017

Finally the voters deserve what they get. The bjp can easily inflame communal passions and is already nurturing its vote bank. It has now understood the arithmetic behind winning election. It won a brute majority with only 30 percent of votes. Now with a nonexistent opposition it might win more seats with lesser votes. The door buster sale of India will truly be over by them. One nation, one market.. for whom exactly? We all know it is for the corporates.

Kumar
 - 
Friday, 13 Oct 2017

Both Republic TV and NDTV are cheddi TV. They proved it many times

Unknown
 - 
Friday, 13 Oct 2017

Just 2 days back a media was showing how the GREAT INDIAN BANK LOOT took place under the previous UPA govt where state owned Banks were asked to disburse LOANS IN LAKHS OF CRORES and how corporates took advantage of this system.

Jay
 - 
Friday, 13 Oct 2017

Ha...This is what from day one of Modi his baiters have been telling ...some acting as though they voted and now changed mind ...are you guys serious about contesting Modi...give a good reason to change and show a better cleaner politician to depend on else this will be the same old story repeated even in 2024 ...

Rudresh
 - 
Friday, 13 Oct 2017

To those who are painting rosy picture , its not about Modi or BJP its about Indian Economy , we failed to take advantage of lower oil price for past three years . Just turn around and see how many children of friends and relatives who came out of college are jobless . Those who have graduated in last two years are struggling to find job and those who are already in job are looking scary . Is this not enough to understand how economy is doing ? Also look at the small businesses and see how they are impacted . RBI Governor escapes parliamentary committee meeting like a student escaping class exams .

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Agencies
February 6,2020

Even more than three years after demonetisation and all-out efforts to make most transactions through electronic, cash is still king, as it thrives in a digital India, said fintech start-up Paytm founder Vijay Sekhar Sharma.

"While cashless economy is not possible in India, less cash economy will be in the future. Less cash is the only solution, not the elimination of cash," Sharma told IANS in an interview after unveiling an all-in-one payment gateway on Tuesday.

Asserting that it would take 5-10 years for India to make the transition to digital payments from the traditional mode of cash, Sharma, 41, said the e-payment industry benefitted more from the November 8, 2016 note ban and withdrawal of old Rs 1,000 and Rs 500 denominations.

"I think it (demonetisation) helped the industry despite lack of specific help. But the world has changed since then. It is about the scale of distribution of merchants that is what is propelling digital payments," said Sharma.

Most of the cash not only came back into circulation, but also remains as the mode of payment for the majority due to its convenience for the people used to such transactions.

Expounding Paytm's zero service charge, Sharma said the strategy is sustainable as it leads to acquiring more customers and merchants, enabling newer business opportunities.

Paytm also does not levy a service charge to small merchants for its payments services, unlike organised players like Uber.

"Though there is a monetisation model, the merchants who are small shopkeepers, become our financial services customers as they open a bank account, which is profitable."

Paytm secured a Payments Bank license from the Reserve Bank of India to offer a savings bank account, Rupay debit card and money transfer services.

"We are banking on payment services acquiring customers and merchants who avail banking, lending, insurance, wealth and software services like billing software and business ledger software services eventually," Sharma noted.

The mobile first bank services include zero balance and zero digital transaction charge accounts.

"Basically, payments, cloud, commerce and financial services are a cohort we follow. So, payments is our customer as well as merchant acquisition. If it breaks even, we are happy because other line items make more money, he affirmed.

Noting that in a market like India, one cannot price services at a premium unlike in a developed country like the US, the billionaire businessman said a consumer in a developing country would not be able to afford such a hefty charge.

Forbes ranked Sharma as India's youngest billionaire in 2017, with a net worth of $2.1 billion.

While several countries operate on the model of higher service charges, Sharma said newer business models have to be discovered in India, as customer lifecycle value is accounted for more stages than in other nations.

Asked about an upscale retailer like Zara not giving a wallet payment option during its recent end of season sale in Bengaluru, Sharma said Paytm was addressing such hiccups with its all-in-one payment solutions.

"It's an opportunity, because if the retailer has our all-in-one point of sale machine, where in they enter the amount, it shows both the Quick Response code (QR) and card payment options," he observed.

Sharma compared older swiping payment machine to feature phones and modern ones to feature-rich smartphones.

"If you notice, they look like feature phones and the modern day card machine is more a smartphone like. You can add the smatphone components, which can add the features," reiterated Sharma.

Though Paytm's all-in-one QR point of sale machine integrates the billing system, its chief executive said it was not ideal to have an independent QR feature.

Paytm has 16 million strong merchant user base, which Sharma aims to raise to 26 million base in the next one year.

Sharma has launched in this tech city an all-in-one payment gateway and Paytm Business Payments solution, which enable digital payments through multiple methods for small and medium enterprises (SMEs) and an Android point of sale machine.

With the new gateway solution, collecting digital payments through multiple methods can be achieved seamlessly while Paytm Business Payments solution enables automated vendor payments, including employee salaries and customer refunds among others.

The One97 Communications-owned Paytm aims to help SMEs streamline and digitise their business activities using its new solutions, which enhance the overall efficiency of both accepting and making payments.

Paytm has a data bank of over 200 million saved cards and bank accounts, a feature which enables partner apps to shorten transaction times and propel faster conversions while using the all-in-one payment gateway.

Complementing the two solutions, Sharma also launched an all-in-one Android point of sale machine, which can accept payments through all forms such as cards, wallets, UPI apps and even cash.

The device has a QR code that supports all contact and contactless payments, coming with integrated billing software customized solutions for different sectors such as catering, ticketing, parking and others.

The handheld Android device is equipped with an in-built printer, scanner and can also generate bills.

Valued at $16 billion, Paytm is not alone in the fiercely competitive Indian fintech space where a dozen players like PhonePe, MobiKwik, Kotak 811 and deep pocketed international giants Google Pay and Amazon Pay are in the fray.

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News Network
February 3,2020

Feb 3: The Karnataka government is probably the only state to have so many nodal agencies to deal with investment proposals. There is the KIADB, Karnataka Udyoga Mitra, State High Level Clearance Committee (SHLCC), State Level Single Window Clearance Committee (SLSWCC) and District Level Single Window Clearance Committee.

While the government claims these have been created to speed up the process of setting up industries, they’re only delaying it. “A four-to-five year delay in acquiring land has become the norm,’’ say industry sources.

“These entities are only adding layers of obstacles to investors and is not really helping industries,” said a senior IAS officer.

While DLSWCCs are headed by deputy commissioners are empowered to clear investment proposals up to Rs 15 crore, SLSWCC, headed by the industries minister, clears proposals more than Rs 15 crore and up to Rs 500 crore. Proposals worth more than Rs 500 crore have to be cleared by SHLCC chaired by the CM. These entities have to meet regularly and clear proposals. But often, these meetings don’t happen as scheduled. “The delay starts from here,” said Vasant Ladava, industrialist and member of Karnataka Industries and Commerce, Bengaluru.

The single-window agencies involving representatives of departments like industries, revenue, pollution control board and forest are supposed to collectively give necessary clearances required for industries. “But, of late, they have become only project approvers without other responsibilities, leaving investors in the lurch,” said Ladava.

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Agencies
June 17,2020

Mumbai, Jun 17: A lawyer on Wednesday moved a criminal complaint against 8 persons, including Bollywood superstar Salman Khan and producer-director Karan Johar, in a local court regarding the death of Bollywood actor Sushant Singh Rajput.

The court had fixed July 3 as the next date of hearing.

In his complaint filed in the court of Chief Judicial Magistrate, advocate Sudhir Kumar Ojha alleged that these eight persons forced Sushant to commit suicide under a conspiracy which, he pleaded, amounted to murder.

Others named in the complaint are Aditya Chopra, Sajid Nadiadwala, Sanjay Leela Bhansali, Bhushan Kumar, Ekta Kapoor, and director Dinesh.

The complainant claimed that these persons did not let Sushant's movies get released under a conspiracy and the late actor was not even invited to film functions because of these people.

Ojha said that Sushant Singh Rajput's death had not only hurt the people of Bihar but the entire country.

He said the complaint had been filed under Sections 306, 109, 504 and 506 and Bollywood actor Kangana Ranawat had been listed as a witness in the case.

Sushant Singh Rajput had allegedly committed suicide at his Bandra flat in Mumbai on Sunday.

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