100 rich could end world poverty ... four times over

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January 21, 2013
poverty
London, Jan 21: The world’s 100 richest people earned enough money last year to end world extreme poverty four times over. The $ 240 billion net income of the world’s 100 richest billionaires would have ended poverty, according to the international rights group and charity Oxfam.

The group has called on world leaders to commit to reducing inequality to the levels it was at in 1990, and to curb income extremes on both sides of the spectrum. The release of the report was timed to coincide with the holding of the World Economic Forum in Davos next week.

The group says that the world’s richest one percent have seen their income increase by 60 percent in the last 20 years, with the latest world financial crisis only serving to hasten, rather than hinder, the process.

“We sometimes talk about the ‘have-nots’ and the ‘haves’ — well, we’re talking about the ‘have-lots’ … we’re anti-poverty agency. We focus on poverty, we work with the poorest people around the world. You don’t normally hear us talking about wealth. But it’s gotten so out of control between rich and poor that one of the obstacles to solving extreme poverty is now extreme wealth,” Ben Phillips, a campaign director at Oxfam, said.

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News Network
June 22,2024

Over a week after a devastating fire in Kuwait killed 50 people, the Ministry of External Affairs said 17 injured Indians are still admitted in hospitals there and all are stable.

The Indian embassy is in touch with the local authorities, the patients and their kin to ensure their well-being, it said.

The massive fire had occurred at a seven-storey building in Kuwait’s Mangaf city in the southern Ahmadi Governorate on June 12 and at least 45 Indians died in the tragedy. The building was home to 196 migrant workers, mostly Indians.

The NBTC Group, where the victims of the fire tragedy were employed, recently issued a statement, extending its deepest condolences and sympathy to the families of the victims and injured.

In response to a query at a weekly media briefing here, MEA spokesperson Randhir Jaiswal said that on the part of the Kuwaiti government, the Emir has announced USD 15,000 as compensation for the families of the people who have died in the fire incident.

The company has announced payment of Rs 8 lakh to the next of kin of people who have died, he said.

“This fire tragedy happened on June 12 and 45 Indians died, their mortal remains were brought to India on June 14. There are still 17 Indians who are injured, they are in hospitals. But, they are all stable. The (Indian) Embassy is making daily rounds, the embassy is in touch with the local authorities, the hospital authorities and even the patients and their family members to ensure their well-being,” Jaiswal said.

He said as far as compensation is concerned, the prime minister had announced on June 13 an ex gratia of Rs 2 lakh to the families of people who had died and Rs 50,000 for the injured people.

In addition, different state governments have also announced their compensation for those who have died in this tragedy, the MEA spokesperson said.

In addition, the insurance money will also come from the insurance company, he said.

The company is also providing a compensation of Rs 2 lakh to all the injured and their medical expenses are being covered by the company. It will also undertake rehabilitation of those who are injured, Jaiswal said.

A C-130J IAF aircraft carrying 45 bodies landed at the Kochi international airport on June 14 morning. Thirty-one bodies were received at the airport by Central and state ministers, including Kerala Chief Minister Pinarayi Vijayan.

The remaining 14 bodies were sent to Delhi in the same aircraft as a domestic flight from Kochi, and after being brought to Delhi were sent on to their forward journey. 

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Agencies
June 19,2024

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New Delhi: After the Prime Minister Narendra Modi-led union government did not allow the Australian Deputy High Commissioner to meet three West Bengal ministers during his proposed visit to the state, the Trinamool Congress on Wednesday alleged 'federal and fiscal terrorism' on the state as people had defeated the BJP in the state.

Australian Deputy High Commissioner Nicholas McCaffrey was to visit Kolkata and Sunderbans between June 18 and 21. During this visit, he wanted to meet Commerce Minister Shashi Panja, Information Technology and Electronics Minister Babul Supriyo and Agriculture Minister Sovandeb Chattopadhyay.

However, Trinamool Congress said, the Oceania Division of the MEA wrote to the High Commission saying that they do "not recommend" meetings as requested by the Australian side with the ministers.

At the same time, the Oceania Division had "no objection from political angle" in the diplomat meeting BJP MPs Sukanta Majumdar and Dilip Ghosh and Trinamool Congress MPs Derek O'Brien and Jawahar Sircar.

Trinamool Congress sources said the Deputy High Commissioner had not come to Bengal as scheduled and their MPs would not have met him when the ministers were not allowed.

The Australian side had requested for meetings to discuss opportunities for collaboration against the backdrop of India-Australia trade discussions and explore areas of economic interest in West Bengal.

Government sources said that they have allowed the Australian diplomat to meet officials at appropriate level based on the principle of reciprocity. They said the Indian Deputy High Commissioner in Australia is not allowed to meet Australian ministers.

When contacted, an Australian High Commission spokesperson said, "Australia and India are close friends, with strong strategic, economic and community ties. Australian diplomats travel regularly across India to continue strengthening the political, business, cultural and sporting linkages between our two countries. We don’t comment on the specific details of programs when our officials travel."

Attempt to 'spite Bengal'

Setting stage for another round of confrontation, Trinamool Congress Rajya Sabha Deputy Leader Sagarika Ghose said the union government's action was 'completely autocratic' and an attempt to 'spite Bengal'. She said they would strongly raise this 'serious issue', which he described as 'fiscal terrorism', in Parliament after discussing it with I.N.D.I.A. allies.

Addressing a press conference here, Ghose and another MP Saket Gokhale claimed that the federal structure of the state is being destroyed.

"The representatives of the states who want to go abroad are being stopped and the way they are doing this in such a dirty, uncivilised manner is very shameful," Ghose said.

Gokhale described the development as "federal terrorism" while alleging that several diplomats have claimed that they were informally told by the union government that they could get clearance for investments only if they choose Gujarat. 

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News Network
June 28,2024

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New Delhi, June 28: At least one person was killed and six others injured after a portion of the roof of the Delhi airport's Terminal-1 (T1) collapsed on cars amid heavy rain this morning. All departures from Terminal 1, which has only domestic flight operations, have been temporarily suspended, the civil aviation ministry said.

"Heavy rain in early morning today has resulted in the collapse of the canopy of Delhi airport Terminal 1. As a result of which, flights to and from Terminal 1 have been closed till further notice. Alternate arrangements are being made for smooth operation of the flights," the ministry said in a post on X.

Union Minister of Civil Aviation Ram Mohan Naidu Kinjarapu visited the airport and inspected Terminal 1. He said that the airport will temporarily shift operations to Terminal 2 and Terminal 3. 

Calling it a "very serious" incident, the newly-elected minister announced that a thorough inspection of the structure at the airport would be carried out. The technical reasons and other aspects of the incident would be known after the investigation, he said.

He also announced a compensation of ₹ 20 lakh for the family of the victim and ₹ 3 lakh each for those injured.

T1 has only domestic flight operations by IndiGo and SpiceJet. The airport has three terminals, T1, T2 and T3, and handles around 1,400 flight movements daily.

The officials said the roof sheet and the support beams collapsed, damaging four cars parked in the pick-up and drop area of the terminal at the Indira Gandhi International Airport, one of the busiest airports in the world. The incident was reported to the Delhi Fire Services (DFS) around 5.30 am.

During the rescue operations, a man was seen being taken out from a car on which an iron beam had fallen.

Indigo, Spicejet Cancel Flights 

IndiGo said that its flight operations were impacted due to structural damage to Terminal 1 at Delhi Airport. In a statement, the low-cost carrier said that the incident has led to flight cancellations in Delhi as "passengers are not able to enter the terminal".

"Passengers already inside the terminal will be able to board their planned flights, but those with flights later in the day will be offered alternatives," an IndiGo spokesperson said.

"This unplanned situation has also led to operations across the network being impacted. Customers are advised to keep track of and confirm their flight status before leaving for the airport," the statement added.

Spicejet also cancelled its flights until further notice.

"Please keep a watch on our Social Media channels for further updates," the airline told its passengers.

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