With 1.8 billion people threatened by absolute water scarcity by 2025, and two-thirds of the world’s population facing potential shortages, countries must better protect and manage forests to ensure the provision of clean water to vulnerable communities, a United Nations-backed forum warned today. “Forests are part of the natural infrastructure of any country and are essential to the water cycle,” said UN Food and Agriculture Organization (FAO) Forestry Department Assistant Director...
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Unrealistic Solutions To Growing Problems by M Rajendran
With food inflation hovering in the double digit bracket for most part of 2010-11 and the aam aadmi up in arms, all hopes were pinned on the Union Budget 2011-12 for giving a new fillip to the farm sector. But the budget has disappointed most, in spite of finance minister Pranab Mukherjee allocating Rs 14,744 crore for agriculture. “An increase of only 2.6 per cent over last year makes the...
More »Agriculture reform key to India budget by James Lamont
Pranab Mukherjee, India’s finance minister, put the rural economy at the heart of a national budget on Monday, saying ridding the farm sector of crippling supply bottlenecks would be his “focus” in the coming fiscal year.A market-neutral budget supporting agriculture, welfare schemes and the extension of banking services to more people was designed to dispel any sense that the Congress party-led government was in drift after a series of high...
More »Fund squeeze for flagship schemes
For most schemes, the increases have been nominalThe Union Budget goes eloquent about the virtues of the flagship schemes of the UPA government but Finance Minister Pranab Mukherjee has kept a tight fist while allocating funds, whether for the National Rural Employment Guarantee Scheme (NREGS) or those under the umbrella of Bharat Nirman.Though the finance minister referred to wages under the 100-day employment programme having being increased after being indexed...
More »India Coca-Cola compensation law is passed in Kerala by Jyotsna Singh
The southern Indian state of Kerala has passed a new law that will allow people to seek compensation from the soft-drink giant Coca-Cola. The company is mired in controversy over its bottling operation in Palakkad district, which campaigners say has caused environmental damage. They say it has also led to a severe water shortage in the area. Coca-Cola's Indian subsidiary - Hindustan Coca-Cola Beverages (HCCB) - has rejected the charges. In a statement, it...
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