The Asian Development Bank (ADB) approved a $2 million grant to finance relief efforts in the country following the recent floods and landslides that claimed the lives of over 200 people and damaged the homes and livelihoods of hundreds of thousands more.
Eminent developmental economist Prof. Amitabh Kundu, former professor at the Centre of Study of Regional Development, JNU, and currently posted in Beirut, UN, addresses several questions on how environment and development is linked in the context of India. Can environment, sustainability and development go hand in hand? How is poverty and environment intertwined in the different social strata?
Malnutrition, disease, spending on health are all linked to the need for better sanitation in our living conditions. As Swachh Bharat becomes a national priority, we track the ground realities of the impact of poor sanitation on health. Watch as we bring to you an insight on this issue that impacts each one of us.
Given a poverty line, a person who is non-poor (poor) currently may not be treated as non-poor (poor) in a vulnerable situation. The poverty line is adjusted in the presence of vulnerability such that the utility of a person at the current poverty line and that at the adjusted poverty line become identical. Using an additive model of vulnerability, it is shown that if the utility function obeys constant Arrow-Pratt absolute risk aversion, then the harmonized poverty line is a simple absolute augmentation of the current poverty line.
Way back in 1972 Prime Minister Indira Gandhi had famously and inextricably linked poverty and environmental pollution at the United Nations Conference on Human Environment in Stockholm. Much earlier, Mahatma Gandhi stated that “The earth provides enough to satisfy every man’s need but not every man’s greed”.