WB development report advocates safety net for poor
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20/12/2004
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Business Standard (New Delhi)
The World Bank's World Development Report 2006 favours inclusive growth to ensure that the poor have access to health, education and safety nets. The report, titled 'Equity and Development', says growth will reduce poverty in an equitable structure, and hence improve access to justice, and infrastructure like roads, power, water, sanitation and telecom. In adds that promoting fairness in finance and labour markets will ensure that the poor have easier access to credit and jobs. Poverty reduction may involve redistributing the influence, advantage or subsidies that dominant groups enjoy, it says, adding that there are long-term benefits of greater equity.